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16362 SW 53rd Terrace, Miami, FL 33185
Active
29 Days on Market
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$899,000

16362 SW 53rd Terrace

Miami, FL 33185

MILLER COVE 1ST ADDN

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$899,000
Price per sq ft
$450
Vs. nearby sales
25.3% above
Days on market
29

This 5-bedroom single-family home in ZIP 33185 is listed at $899,000, or $450 per square foot. It has been on the market for 29 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $359 per square foot, so the asking price is 25.3% above what comparable homes here actually sold for.

5
Bedrooms
3
Bathrooms
1,997
Living Sq Ft
2004
Year Built

Estimated monthly payment

$4,725 /mo

Principal and interest only, based on $179,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$899,000
Days on Site
29 Days
Bedrooms
5
Total Baths
3
Full Baths
3
Partial Baths
0
Living Area
1,997 sqft
Total Sq Ft
2,795 sqft
Lot Size
0.14 Acres
Year Built
2004
Property Type
Single Family
MLS #
A12107820
Property Tax
$10,587 (2025)
Subdivision
MILLER COVE 1ST ADDN
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

NO HOA!! RARE OPPORTUNITY IN MILLER COVE Homes in Miller Cove rarely come to market. Enjoy the charm of an established residential community with the added advantage of NO HOA fees or restrictions. If you are an investor this house has a potential to rent on different traveling sites with an estimated booking projection of around $100,000 a year.!! -5 bedrooms, 3 bathrooms, and approximately 2,434 sq. ft. of living area, including a newly added game room completed with CITY PERMITS. Designed for entertaining, the game room features a large wet bar and private full bathroom, while offering the flexibility to also serve as a guest retreat, home office, or potential in-law quarters. Inside, soaring ceilings, elegant porcelain flooring, and contemporary upgrades create a bright and sophisticated atmosphere. The generous primary has custom-built brown wood closets, providing both style and excellent storage. The kitchen is completely remodeled and modern. This beautiful home sits on a great lot with excellent curb appeal and plenty of outdoor space. The backyard features attractive tiled areas, creating a clean, low-maintenance setting perfect for entertaining or simply enjoying the South Florida lifestyle. A hard-to-find combination in Miller Cove: single-story living, extensive remodeling, permitted additional space, 2,434 sq. ft. of living area — and NO HOA. Make this exceptional home yours now!! Don't let this opportunity off your hands.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
2004
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
4
Parking
Driveway / Guest
Direction Faces
North
Lot Size (Acres)
0.14
Living Sq Ft
1,997
Total Sq Ft
2,795
Sewer
Public Sewer
Water Source
Public
Zoning
0100

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator
Cooling
Central Air
Heating
Electric
Flooring
Ceramic Tile
Interior Features
Main Level Primary
Total Rooms
4

Exterior Features

Construction
Block
Lot Features
Fruit Trees

Community & HOA

Pets Allowed
Cats Ok / Dogs Ok / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA
Restrictions
No Restrictions / Ok To Lease
MLS Area
2490

Schools

Elementary School
Dr. Manuel C. Barreiro
Middle School
Lamar Louise Curry
High School
John A. Ferguson
Homes for Sale
1
Under Contract
0
Median List Price
$899,000
Median $/Sq Ft
$450
Avg Days on Market
29
View all 1 homes for sale in Miller Cove 1st Addn →
How do I schedule a tour of 16362 SW 53rd Terrace, Miami, FL 33185?
Use the Tour button on this listing to request a showing of 16362 SW 53rd 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 16362 SW 53rd Terrace, Miami, FL 33185 still available?
16362 SW 53rd Terrace, Miami, FL 33185 is currently listed as Active, and has been on the market 29 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 16362 SW 53rd Terrace, Miami, FL 33185?
With 20% down ($179,800) on the $899,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16362 SW 53rd Terrace, Miami, FL 33185 is about $4,725/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 16362 SW 53rd Terrace, Miami, FL 33185?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16362 SW 53rd Terrace, Miami, FL 33185. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 16362 SW 53rd Terrace, Miami, FL 33185?
16362 SW 53rd Terrace, Miami, FL 33185 is zoned for Dr. Manuel C. Barreiro (elementary), Lamar Louise Curry (middle), 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 16362 SW 53rd Terrace, Miami, FL 33185?
Often, yes. The right offer on 16362 SW 53rd 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 Great Miami Realty Group, 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 November 14, 2026.

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Listed by Patricia Asbun Dunn, Great Miami Realty Group, LLC

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