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2744 SW 16th Ter, Miami, FL, 33145

2beds
2baths
1,563sqft
$799,999
$512price/sqft
$5,650/moest. monthly cost
$226,000/yrincome needed

About This Home

Rare income-producing duplex in the heart of Miami’s desirable Shenandoah neighborhood! This charming 1925-built property sits on a generous 7,000 sq ft lot and offers two separate units totaling 1,563 sq ft. The front unit is rented rear unit occupied, providing immediate cash flow from day one. Wood floors, central air, and 2 parking spaces. Just minutes from Downtown Miami, Brickell, and Coral Gables. Zoned T3O zoning permits modern multi-unit or townhome construction with strong upside potential — live in one unit and rent the other or hold as a pure investment. Cash and conventional financing welcome. Don’t miss this opportunity in one of Miami’s most sought-after corridors! Property has new roof and new PBC plumbing.

Getting Around

85
WalkingVery Walkable
43
TransitSome Transit
66
BikeBikeable

Schools

10/10
5/10
6/10

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Other
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Flooring: Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,563
  • Total interior livable area: 1,563 sqft

Property

Details

  • Parcel number: 0141100022420
  • Zoning: 5700

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance *$148$1,776
Property Taxes $1,260$15,120
Electricity $197$2,366
Total$5,650$67,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,714/yr
40% on housing$169,500/yr
45% on housing$150,666/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$512This listing

vs Other Active Listings

Avg $/sqft

ZIP 33145$493
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33145$567
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Price change$799,999
2026-05-20Listed for sale$849,999
2026-03-11Listing removed$2,400
2026-01-19Listed for rent$2,400
2025-02-28Listing removed$2,690
2025-02-07Price change$2,690
2025-01-28Price change$2,800
2025-01-21Price change$3,000
2024-12-23Listed for rent$3,200
2024-11-23Listing removed$2,950
2024-11-08Listed for rent$2,950
2024-10-30Listing removed$2,950
2024-10-21Listed for rent$2,950
2024-10-02Sold$605,000
2024-07-15Pending sale$650,000
2024-05-20Price change$650,000
2024-02-12Price change$725,000
2023-10-31Listed for sale$895,000
2023-10-23Listing removed--
2023-10-20Listed for sale$625,000
2021-03-24Listing removed--
2016-10-11Sold$220,000
2016-08-19Listed for sale$279,900
2016-06-14Listing removed$375,000
2016-03-14Listed for sale$375,000

For Sale by Agent

AgentDaniel Vera
BrokerageOne Sotheby's International Realty

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