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2800 SW 16th Ter, Miami, FL, 33145

3beds
3baths
1,535sqft
$725,000
$472price/sqft
$5,388/moest. monthly cost
$215,520/yrincome needed

About This Home

Redevelopment play with built-in income. T3O zoning permits modern multi-unit or townhome construction. Three existing units could bring in roughly $60,000/year gross, estimated, enough to carry the property through entitlement. Sold as-is; the land drives the deal, the rent is the cushion. Sized and positioned for a builder who wants the lot working before the first permit is pulled.

Getting Around

85
WalkingVery Walkable
43
TransitSome Transit
66
BikeBikeable

Schools

10/10
5/10
6/10

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Shingle
  • Construction materials: Frame With Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Ceramic Tile,Other

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,813
  • Total interior livable area: 1,535 sqft

Property

Details

  • Parcel number: 0141100022450
  • Zoning: 5700

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 5

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 $3,665$43,980
Home Insurance *$134$1,608
Property Taxes $1,392$16,704
Electricity $197$2,366
Total$5,388$64,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,731/yr
40% on housing$161,640/yr
45% on housing$143,680/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

$472This listing

vs Other Active Listings

Avg $/sqft

ZIP 33145$494
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
2026-04-28Listed for sale$750,000
2026-03-24Listing removed$750,000
2026-02-03Price change$750,000
2026-01-06Price change$795,000
2025-11-13Price change$825,000
2025-09-15Listed for sale$850,000
2022-06-23Listing removed--
2022-06-22Listed for sale$625,000
2022-04-12Pending sale$625,000
2021-11-09Listed for sale$625,000
2021-08-31Listing removed--
2021-04-06Listed for sale$585,000
2019-04-03Sold$339,000
2019-02-04Pending sale$359,000
2019-01-08Price change$359,000
2018-12-11Listed for sale$379,000
2018-07-17Listing removed$3,000
2018-06-24Listed for rent$3,000
2017-11-14Listing removed$375,000
2017-10-17Price change$375,000
2017-09-26Listed for sale$425,000
2015-03-24Sold$170,000
2015-01-02Sold$150,100
2014-12-05Listed for sale$289,800
2006-01-27Sold$360,000
2005-11-01Sold$360,000
2004-09-15Sold$260,000
2003-06-24Sold$276,000

For Sale by Agent

AgentGerardo Gonzalez
BrokerageCompass Florida, LLC

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