$690,000
Sold · August 22, 2025
16421 SW 103rd Terrace
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $690,000
- Vs. list price
- 1.8% under
- Days on market
- 50
- Price per sq ft
- $254
This 4-bedroom single-family home in Forest Lakes Estates Sec sold for $690,000 on August 22, 2025. That was 1.8% below its final list price of $703,000. It first came on the market at $788,000, so the price was adjusted before it sold. It spent 50 days on the market. At $254 per square foot, it closed 24% below the $334 median of the 5 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $690,000
- Sold On
- August 22, 2025
- Days on Site
- 50 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,716 sqft
- Total Sq Ft
- 3,244 sqft
- Lot Size
- 0.12 Acres
- Year Built
- 1997
- Property Type
- Single Family
- MLS #
- A11802923
- Property Tax
- $9,354 (2024)
- HOA Fees
- $150 / Monthly
- Subdivision
- FOREST LAKES ESTATES SEC
- County
- Miami Dade
- Status
- Sold
About This Property
Well-maintained two-story home featuring a 4/2.5 layout, two-car garage, and a serene waterfront backdrop. This property offers comfortable living with scenic views, making it the perfect place to call home.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1997
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.12
- Living Sq Ft
- 2,716
- Total Sq Ft
- 3,244
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- Natural Gas
- Flooring
- Tile / Vinyl
- Interior Features
- Bathtub / Kitchen Dining Combo / Soaking Tub / Separate Shower
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
- Waterfront Features
- Lake Front / None
- Frontage
- Waterfront
- Frontage Length
- 50.00 ft
- View
- Lake
Community & HOA
- HOA Fee
- $150 / Monthly
- Association Amenities
- Sidewalks
- Community Features
- Home Owners Association
- Financing Terms
- Cash / Conventional / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 2590
Schools
- Elementary School
- Christina M. Eve
- Middle School
- Hammocks
- High School
- Felix Varela
About the Community
Forest Lakes Estates Sec is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $624,999 to $898,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Forest Lakes Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Under Contract
- 1
- Median List Price
- $779,900
- Median $/Sq Ft
- $342
- Avg Days on Market
- 77
Frequently Asked Questions
- How do I schedule a tour of 16421 SW 103rd Terrace, Miami, FL 33196?
- Use the Tour button on this listing to request a showing of 16421 SW 103rd Terrace, Miami, FL 33196. 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 16421 SW 103rd Terrace, Miami, FL 33196 still available?
- 16421 SW 103rd Terrace, Miami, FL 33196 is currently listed as Sold, and has been on the market 50 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 16421 SW 103rd Terrace, Miami, FL 33196?
- With 20% down ($140,600) on the $703,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16421 SW 103rd Terrace, Miami, FL 33196 is about $3,695/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 16421 SW 103rd Terrace, Miami, FL 33196?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16421 SW 103rd Terrace, Miami, FL 33196. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 16421 SW 103rd Terrace, Miami, FL 33196 have an HOA fee?
- Yes: 16421 SW 103rd Terrace, Miami, FL 33196 carries an HOA fee of about $150 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 16421 SW 103rd Terrace, Miami, FL 33196?
- 16421 SW 103rd Terrace, Miami, FL 33196 is zoned for Christina M. Eve (elementary), Hammocks (middle), Felix Varela (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 16421 SW 103rd Terrace, Miami, FL 33196?
- Often, yes. The right offer on 16421 SW 103rd Terrace, Miami, FL 33196 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 Entera 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 August 30, 2026.
$690,000
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Listed by Robert E Salmons, Entera Realty LLC
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Recent Sales
Recently sold homes in Forest Lakes Estates Sec
These are the last 6 recorded closings in Forest Lakes Estates Sec, with the price each home actually sold for rather than what it was listed at. They closed at a median of $334 per square foot. The most recent closed on August 21, 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$695,000
Sold · August 21, 2026
16654 SW 103rd Lane
4 bed · 2 bath · 1,742 sqft · $399/sqft
$45,100 over the asking price
Sold$630,000
Sold · March 4, 2026
16605 SW 90th Street
3 bed · 2 bath · 1,889 sqft · $334/sqft
$30,000 under the asking price
Sold$730,000
Sold · January 12, 2026
16454 SW 103rd Lane
4 bed · 3 bath · 2,532 sqft · $288/sqft
$20,000 under the asking price
Sold$670,000
Sold · December 11, 2025
9454 SW 166th Court
4 bed · 2.5 bath · 2,005 sqft · $334/sqft
$15,000 under the asking price
Sold$780,000
Sold · December 1, 2025
16445 SW 100th Terrace
5 bed · 3 bath · 2,532 sqft · $308/sqft
$15,000 under the asking price
Sold$661,000
Sold · October 28, 2025
16611 SW 103rd Terrace
4 bed · 3 bath · 2,532 sqft · $261/sqft
$8,000 under the asking price
See every recorded sale in Forest Lakes Estates Sec or find out what your Forest Lakes Estates Sec home is worth.
