$799,900
16062 SW 43rd Terrace
PARK LAKES SEC 1
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $799,900
- Price per sq ft
- $271
- Original price
- $849,900
- Days on market
- 240
This 5-bedroom single-family home in ZIP 33185 is listed at $799,900, or $271 per square foot. The asking price has come down 5.9% from its original $849,900. It has been on the market for 240 days.
Estimated monthly payment
$4,204 /mo
Principal and interest only, based on $159,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $180/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $799,900
- Days on Site
- 240 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Living Area
- 2,947 sqft
- Total Sq Ft
- 3,815 sqft
- Lot Size
- 0.13 Acres
- Year Built
- 2001
- Property Type
- Single Family
- MLS #
- A11950894
- Property Tax
- $5,784 (2025)
- HOA Fees
- $180 / Monthly
- Subdivision
- PARK LAKES SEC 1
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
HUGE lakefront home located in Melrose Landing, a gated community with security, private roads, and a beautiful central lake. This 2-car garage home is a well-designed residence that offers 5 bedrooms and 4 bathrooms, including one bedroom and a full bath on the main level, ideal for guests or multigenerational living.The home features a double-height formal living room, a formal dining area, and a spacious open kitchen with granite countertops, ample cabinetry, and stainless steel appliances. The kitchen opens directly to a large family room, creating a functional layout for everyday living and entertaining.Tile flooring runs throughout the main living areas, and laminate flooring on the second floor. The home is filled with natural light from windows positioned to capture peaceful lake views. Multiple living spaces provide flexibility for a home office, media room, or additional gathering areas.The backyard offers a tranquil lakefront setting with mature trees and direct access to a walking path along the water, perfect for relaxing or enjoying sunsets. Additional features include a covered entry, a two-car garage, and convenient access to shopping, dining, top-rated schools, and major highways. ** PRICED TO SELL **
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2001
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Covered / Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.13
- Living Sq Ft
- 2,947
- Total Sq Ft
- 3,815
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3700
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Tile / Wood
- Interior Features
- Built In Features / Breakfast Area / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Entrance Foyer / Eat In Kitchen / High Ceilings / Living Dining Room / Main Level Primary / Pantry / Sitting Area In Primary / Upper Level Primary / Vaulted Ceilings / Walk In Closets
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block
- Roof
- Barrel / Spanish Tile
- Exterior Features
- Lighting / Outdoor Living Area / Room For Pool
- Pool Features
- Association
- Patio & Porch
- Patio
- Lot Features
- Fruit Trees
- Waterfront Features
- Lake Front / None
- Frontage
- Waterfront
- Frontage Length
- 50.00 ft
- View
- Lake / Water
Community & HOA
- HOA Fee
- $180 / Monthly
- Association Amenities
- Clubhouse / Fitness Center / Gated / Other / Pool
- Community Features
- Home Owners Association
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Other Restrictions / Ok To Lease
- MLS Area
- 2490
Schools
- Elementary School
- Jane S. Roberts K-8
- High School
- John A. Ferguson
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 16062 SW 43rd Terrace, Miami, FL 33185?
- Use the Tour button on this listing to request a showing of 16062 SW 43rd Terrace, Miami, FL 33185. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 16062 SW 43rd Terrace, Miami, FL 33185 still available?
- 16062 SW 43rd Terrace, Miami, FL 33185 is currently listed as Active, and has been on the market 240 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 16062 SW 43rd Terrace, Miami, FL 33185?
- With 20% down ($159,980) on the $799,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16062 SW 43rd Terrace, Miami, FL 33185 is about $4,204/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 16062 SW 43rd Terrace, Miami, FL 33185?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16062 SW 43rd Terrace, Miami, FL 33185. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 16062 SW 43rd Terrace, Miami, FL 33185 have an HOA fee?
- Yes: 16062 SW 43rd Terrace, Miami, FL 33185 carries an HOA fee of about $180 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 16062 SW 43rd Terrace, Miami, FL 33185?
- 16062 SW 43rd Terrace, Miami, FL 33185 is zoned for Jane S. Roberts K-8 (elementary), John A. Ferguson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 16062 SW 43rd Terrace, Miami, FL 33185?
- Often, yes. The right offer on 16062 SW 43rd Terrace, Miami, FL 33185 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of W International Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$799,900
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Listed by William Encinosa, W International Realty LLC
Map & Location
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Recent Sales
Recently sold homes in ZIP 33185
These are the last 6 recorded closings in ZIP 33185, with the price each home actually sold for rather than what it was listed at. They closed at a median of $354 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$520,000
Sold · October 13, 2026
5335 SW 153rd Avenue
3 bed · 2 bath · 1,469 sqft · $354/sqft
$20,910 over the asking price
Sold$710,000
Sold · October 9, 2026
5501 SW 147th Place
4 bed · 3 bath · 2,045 sqft · $347/sqft
$40,000 under the asking price
Sold$1,050,000
Sold · October 5, 2026
15425 SW 20th Lane
5 bed · 4 bath
$25,000 under the asking price
Sold$950,000
Sold · September 30, 2026
15624 SW 20th Street
4 bed · 3.5 bath · 2,526 sqft · $376/sqft
Sold$520,000
Sold · September 18, 2026
4233 SW 164th Court
3 bed · 2 bath · 1,530 sqft · $340/sqft
$15,000 under the asking price
Sold$1,170,000
Sold · September 18, 2026
15490 SW 18th Lane
5 bed · 4.5 bath · 2,437 sqft · $480/sqft
$80,000 under the asking price
See every recorded sale in ZIP 33185 or find out what your ZIP 33185 home is worth.
