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16504 SW 71st Terrace, Miami, FL 33193
Under Contract
84 Days on Market
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$499,999

16504 SW 71st Terrace

Miami, FL 33193

LAGO MAR 1ST ADDN

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

How this price compares

Asking price
$499,999
Price per sq ft
$316
Original price
$517,000
Days on market
84

This 3-bedroom townhouse in ZIP 33193 went under contract with an asking price of $499,999, or $316 per square foot. The asking price has come down 3.3% from its original $517,000. It spent 84 days on the market before going under contract.

3
Bedrooms
2
Bathrooms
1,580
Living Sq Ft
2001
Year Built

Estimated monthly payment

$2,628 /mo

Principal and interest only, based on $100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $180/mo HOA are not included.

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Listing Snapshot

Price
$499,999
Days on Site
84 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,580 sqft
Total Sq Ft
2,038 sqft
Year Built
2001
Property Type
Townhouse
MLS #
A12008998
Property Tax
$2,718 (2025)
HOA Fees
$180 / Monthly
Subdivision
LAGO MAR 1ST ADDN
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom townhome located within an intimate community inside desirable Lake Avila. Enjoy the charm of a small neighborhood setting paired with access to a relaxing community pool, perfect for embracing the South Florida lifestyle.This spacious townhome offers a functional floor plan, comfortable living areas ideal for everyday living and entertaining, and a 1-car garage for added convenience. Nestled in a peaceful and well-kept community, this home provides privacy, comfort, and a wonderful neighborhood atmosphere.A fantastic opportunity to own in Lake Avila, schedule your showing today!

MLS media link

General Features

Property Type
Townhouse
Status
Under Contract
Year Built
2001
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
1
Living Sq Ft
1,580
Total Sq Ft
2,038
Structure Type
Townhouse

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Other

Exterior Features

Construction
Block
Exterior Features
Outdoor Living Area
Architectural Style
Other
Pool Features
Association
Patio & Porch
Patio
View
Garden

Community & HOA

HOA Fee
$180 / Monthly
HOA Includes
Common Areas / Pools
Association Amenities
Pool
Community Features
Home Owners Association
Security
Security Guard
Pets Allowed
Dogs Ok / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA
Restrictions
No Rv
MLS Area
2490

Schools

Elementary School
Dr. Manuel C. Barreiro
Middle School
Lamar Louise Curry
High School
John A. Ferguson

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
View all 9,370 homes for sale in Miami →
How do I schedule a tour of 16504 SW 71st Terrace, Miami, FL 33193?
Use the Tour button on this listing to request a showing of 16504 SW 71st Terrace, Miami, FL 33193. 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 16504 SW 71st Terrace, Miami, FL 33193 still available?
16504 SW 71st Terrace, Miami, FL 33193 is currently listed as Under Contract, and has been on the market 84 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 16504 SW 71st Terrace, Miami, FL 33193?
With 20% down ($100,000) on the $499,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16504 SW 71st Terrace, Miami, FL 33193 is about $2,628/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 16504 SW 71st Terrace, Miami, FL 33193?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16504 SW 71st Terrace, Miami, FL 33193. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 16504 SW 71st Terrace, Miami, FL 33193 have an HOA fee?
Yes: 16504 SW 71st Terrace, Miami, FL 33193 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 16504 SW 71st Terrace, Miami, FL 33193?
16504 SW 71st Terrace, Miami, FL 33193 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 16504 SW 71st Terrace, Miami, FL 33193?
Often, yes. The right offer on 16504 SW 71st Terrace, Miami, FL 33193 depends on how it's priced against comparable townhouse 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 Casabella Miami Realty

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.

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Listed by Aidil C Jarquin, Casabella Miami Realty

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