$1,399,000
3280 SW 16th Terrace
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,399,000
- Price per sq ft
- $706
- Vs. nearby sales
- In line
- Days on market
- 74
This 5-bedroom single-family home in Coral Gate Sec A went under contract with an asking price of $1,399,000, or $706 per square foot. The asking price has come down 11.2% from its original $1,575,000. It spent 74 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $700 per square foot, so the asking price was in line with what comparable homes here actually sold for.
Estimated monthly payment
$7,352 /mo
Principal and interest only, based on $279,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,399,000
- Days on Site
- 74 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Living Area
- 1,982 sqft
- Total Sq Ft
- 2,094 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1949
- Property Type
- Single Family
- MLS #
- A12023953
- Property Tax
- $5,077 (2025)
- Subdivision
- CORAL GATE SEC A
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Unbeatable location! Nestled in the highly desirable Coral Gate neighborhood, one of Miami’s most sought-after communities, this home is close to top dining, shopping, major highways, and vibrant city life while still offering the charm of a quiet residential neighborhood. Just minutes from Miami Freedom Park and its exciting new entertainment district.Enjoy peace of mind with major recent upgrades already completed, including a brand-new 2025 roof, impact windows and doors, new air conditioning system, and newly installed ductwork, providing energy efficiency and year-round comfort. Move-in ready and designed for easy South Florida living.This spacious and versatile split-floor plan features 2 separate areas with private entrances that can be used as studios or seamlessly integrated into the main house, offering flexible living arrangements. Perfect for large families, professionals, or investors seeking potential income in a prime Miami location. Large patio room for pool. No HOA and not located in a flood zone!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1949
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 1,982
- Total Sq Ft
- 2,094
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate / Tile
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Roof
- Spanish Tile
- Exterior Features
- Outdoor Living Area / Room For Pool
- Patio & Porch
- Patio
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 2410
Schools
- Elementary School
- Coral Gables Preparatory Academy
- High School
- Coral Gables
About the Community
- Homes for Sale
- 1
- Avg Days on Market
- 35
Frequently Asked Questions
- How do I schedule a tour of 3280 SW 16th Terrace, Miami, FL 33145?
- Use the Tour button on this listing to request a showing of 3280 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 3280 SW 16th Terrace, Miami, FL 33145 still available?
- 3280 SW 16th Terrace, Miami, FL 33145 is currently listed as Under Contract, and has been on the market 74 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 3280 SW 16th Terrace, Miami, FL 33145?
- With 20% down ($279,800) on the $1,399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3280 SW 16th Terrace, Miami, FL 33145 is about $7,352/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 3280 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 3280 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 3280 SW 16th Terrace, Miami, FL 33145?
- 3280 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 3280 SW 16th Terrace, Miami, FL 33145?
- Often, yes. The right offer on 3280 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 Rejoice Realty Group, Inc.
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.
$1,399,000
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Listed by Yamile Bell, Rejoice Realty Group, Inc.
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Recent Sales
Recently sold homes in Coral Gate Sec A
These are the last 4 recorded closings in Coral Gate Sec A, with the price each home actually sold for rather than what it was listed at. They closed at a median of $799 per square foot. The most recent closed on June 30, 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$1,599,000
Sold · June 30, 2026
3261 SW 16th Lane
3 bed · 3 bath · 2,001 sqft · $799/sqft
Sold$1,700,000
Sold · February 27, 2026
1660 SW 32nd Court
4 bed · 3 bath · 2,117 sqft · $803/sqft
$199,999 under the asking price
Sold$780,000
Sold · January 13, 2026
3321 SW 18th Street
2 bed · 2 bath · 1,299 sqft · $600/sqft
$50,000 under the asking price
Sold$970,000
Sold · December 4, 2025
1621 SW 32nd Court
3 bed · 2 bath · 1,917 sqft · $506/sqft
$179,000 under the asking price
See every recorded sale in Coral Gate Sec A or find out what your Coral Gate Sec A home is worth.
