$1,740,000
Sold · July 2, 2026
3431 SW 3433 16 Terrace
GARLICK SUB
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,740,000
- Vs. list price
- 3.2% under
- Days on market
- 38
- Price per sq ft
- $470
This multi-family property in ZIP 33145 sold for $1,740,000 on July 2, 2026. That was 3.2% below its final list price of $1,798,000. It spent 38 days on the market.
Listing Snapshot
- Sold Price
- $1,740,000
- Sold On
- July 2, 2026
- Days on Site
- 38 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 3,704 sqft
- Total Sq Ft
- 4,366 sqft
- Year Built
- 2024
- Property Type
- Multi-Family
- MLS #
- A12016675
- Property Tax
- $7,961 (2025)
- Subdivision
- GARLICK SUB
- Development
- GARLICK SUB
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Corporate Listing
About This Property
This newly constructed townhome duplex at 3431 & 3433 SW 16 Ter, Miami, FL, offers a rare opportunity to acquire both residences in one transaction, creating exceptional flexibility for homeowners and investors alike. Located minutes from Coral Gables, the property combines contemporary architecture with understated elegance while offering multiple strategies: live in one residence and rent the other, operate both as income-producing investments, or hold for long-term appreciation in one of Miami’s most central neighborhoods. Each residence features 3 spacious bedrooms and 2.5 well-appointed baths, along with a flexible garage space with a full-size window, designed for conversion into a fourth bedroom, home office, or fitness studio. The chef’s kitchens are equipped with Samsung appliances, custom European cabinetry, and waterfall quartz countertops, complemented by refined details such as 7-ft imported Turkish interior doors, Italian-designed closets, and a striking wood staircase with a California-style railing. Impact-rated windows and doors provide durability and peace of mind, while a covered terrace overlooking lush landscaping creates a private outdoor retreat. With close proximity to Coral Gables, Brickell, and Miami’s urban core, this property presents a compelling opportunity for primary living, rental income, or short-term rental potential, while benefiting from the equity growth typically associated with new construction in rapidly appreciating neighborhoods.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 2024
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Living Sq Ft
- 3,704
- Total Sq Ft
- 4,366
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Zoning
- 5700 DUPLEXES - GENE
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Ceramic Tile / Tile
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Deck / Patio
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2410
Schools
- Elementary School
- Coral Gables Preparatory Academy
- High School
- Coral Gables
About the Area
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
- 12,142
- Median List Price
- $639,000
- Median $/Sq Ft
- $497
- Avg Days on Market
- 138
Frequently Asked Questions
- How do I schedule a tour of 3431 SW 3433 16 Terrace, Miami, FL 33145?
- Use the Tour button on this listing to request a showing of 3431 SW 3433 16 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 3431 SW 3433 16 Terrace, Miami, FL 33145 still available?
- 3431 SW 3433 16 Terrace, Miami, FL 33145 is currently listed as Sold, and has been on the market 38 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 3431 SW 3433 16 Terrace, Miami, FL 33145?
- With 20% down ($359,600) on the $1,798,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3431 SW 3433 16 Terrace, Miami, FL 33145 is about $9,449/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 3431 SW 3433 16 Terrace, Miami, FL 33145?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3431 SW 3433 16 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 3431 SW 3433 16 Terrace, Miami, FL 33145?
- 3431 SW 3433 16 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 3431 SW 3433 16 Terrace, Miami, FL 33145?
- Often, yes. The right offer on 3431 SW 3433 16 Terrace, Miami, FL 33145 depends on how it's priced against comparable multi-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 Compass Florida, 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 July 1, 2026.
$1,740,000
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Listed by Julian R Acosta, Compass Florida, LLC
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Recent Sales
Recently sold homes in ZIP 33145
These are the last 6 recorded closings in ZIP 33145, with the price each home actually sold for rather than what it was listed at. They closed at a median of $473 per square foot. The most recent closed on October 5, 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$1,455,000
Sold · October 5, 2026
1760 SW 16th Terrace
5 bed · 4 bath · 2,164 sqft · $672/sqft
$140,000 under the asking price
Sold$330,000
Sold · September 30, 2026
2280 SW 32nd Avenue 605
2 bed · 2 bath · 897 sqft · $368/sqft
$19,500 under the asking price
Sold$555,000
Sold · September 30, 2026
3232 SW 22nd Terrace 601
3 bed · 3 bath · 1,575 sqft · $352/sqft
$40,000 under the asking price
Sold$760,000
Sold · September 28, 2026
3500 SW 13th Street
3 bed · 2 bath · 1,607 sqft · $473/sqft
$29,700 under the asking price
Sold$1,393,000
Sold · September 28, 2026
2483 SW 24th Street
3 bed · 2 bath · 1,845 sqft · $755/sqft
$197,000 under the asking price
Sold$390,000
Sold · September 28, 2026
1910 SW 17th Avenue 8
2 bed · 1.5 bath · 970 sqft · $402/sqft
$5,000 under the asking price
See every recorded sale in ZIP 33145 or find out what your ZIP 33145 home is worth.
