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2993 SW 16th Terrace, Miami, FL 33145
Active
21 Days on Market
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2993 SW 16th Terrace, Miami, FL 33145 photo 12993 SW 16th Terrace, Miami, FL 33145 photo 22993 SW 16th Terrace, Miami, FL 33145 photo 32993 SW 16th Terrace, Miami, FL 33145 photo 42993 SW 16th Terrace, Miami, FL 33145 photo 52993 SW 16th Terrace, Miami, FL 33145 photo 62993 SW 16th Terrace, Miami, FL 33145 photo 72993 SW 16th Terrace, Miami, FL 33145 photo 82993 SW 16th Terrace, Miami, FL 33145 photo 92993 SW 16th Terrace, Miami, FL 33145 photo 102993 SW 16th Terrace, Miami, FL 33145 photo 112993 SW 16th Terrace, Miami, FL 33145 photo 122993 SW 16th Terrace, Miami, FL 33145 photo 132993 SW 16th Terrace, Miami, FL 33145 photo 142993 SW 16th Terrace, Miami, FL 33145 photo 152993 SW 16th Terrace, Miami, FL 33145 photo 16
All Listings

$899,000

2993 SW 16th Terrace

Miami, FL 33145

GRAPELAND

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

How this price compares

List price
$899,000
Price per sq ft
$591
Vs. nearby sales
10.3% above
Days on market
21

This 3-bedroom single-family home in Grapeland is listed at $899,000, or $591 per square foot. It has been on the market for 21 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $536 per square foot, so the asking price is 10.3% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,522
Living Sq Ft
1924
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.

Customize this estimate

Listing Snapshot

Price
$899,000
Days on Site
21 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,522 sqft
Total Sq Ft
1,716 sqft
Lot Size
0.18 Acres
Year Built
1924
Property Type
Single Family
MLS #
A12064796
Property Tax
$13,389 (2025)
Subdivision
GRAPELAND
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Seller motivated! Unique Development Opportunity on Oversized 7,650 Sq. Ft. Lot! Located near Coral Gables, Coconut Grove and Brickell, this home boasts a newer roof, abundant natural light, zoning for duplex, ready for a buyer to modify to their preference with potential to expand into a large home, generate rental income, create a multi-generational property, or redevelop this unique property offers endless possibilities. House with legal in-law quarters.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1924
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
0
Direction Faces
Southeast
Lot Size (Acres)
0.18
Living Sq Ft
1,522
Total Sq Ft
1,716
Sewer
Public Sewer
Water Source
Public
Zoning
5700

Interior Features

Appliances
Dishwasher / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Main Level Primary

Exterior Features

Construction
Block
Roof
Other
Exterior Features
None
Architectural Style
Other

Community & HOA

Association Amenities
None
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
2410

Schools

Elementary School
Coral Gables Preparatory Academy
High School
Coral Gables

Grapeland is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $515,000 to $1,800,000. Homes were built between 1920 and 2026. Pure Equity lists homes in Grapeland 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
16
Under Contract
3
Median List Price
$1,099,000
Median $/Sq Ft
$563
Avg Days on Market
77
View all 16 homes for sale in Grapeland →
How do I schedule a tour of 2993 SW 16th Terrace, Miami, FL 33145?
Use the Tour button on this listing to request a showing of 2993 SW 16th Terrace, Miami, FL 33145. 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 2993 SW 16th Terrace, Miami, FL 33145 still available?
2993 SW 16th Terrace, Miami, FL 33145 is currently listed as Active, and has been on the market 21 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 2993 SW 16th Terrace, Miami, FL 33145?
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 2993 SW 16th Terrace, Miami, FL 33145 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 2993 SW 16th Terrace, Miami, FL 33145?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2993 SW 16th Terrace, Miami, FL 33145. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 2993 SW 16th Terrace, Miami, FL 33145?
2993 SW 16th Terrace, Miami, FL 33145 is zoned for Coral Gables Preparatory Academy (elementary), Coral Gables (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 2993 SW 16th Terrace, Miami, FL 33145?
Often, yes. The right offer on 2993 SW 16th Terrace, Miami, FL 33145 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 Ancara Real Estate, 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 September 3, 2026.

$899,000

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Listed by Carla Patino Ferrer, Ancara Real Estate, LLC.

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