2744 SW 16th Terrace, Miami, FL 33145 (MLS# A12022653)

2744 SW 16th Terrace, Miami, FL 33145

$799,999

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https://www.propertypanorama.com/instaview/mia/A12022653

Property Type: Residential Income Square Footage: 1,563 Status: Active

Current Price: $799,999 List Date: 5/20/2026 Last Modified: 7/26/2026

Overview

Description

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.

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Listing Details MLS# A12022653

General Property Information

Number Of Units Total: Yes
Property Sub Type: Duplex
Building Area Main: 1563
Living Area Main: 1563
Adjusted Area Main: 1081
Year Built: 1925
Parking Total: 2
Lot Size Dimensions: 7,050
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: None Flooring: Wood Special Listing Conditions: Real Estate Owned Structure Type: Duplex Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 849999

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 2744
Street Direction Prefix: SW
Street Name: 16th
Street Suffix: Terrace
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33145
Postal Code +4: 1954
Postal Zip: 33145
Subdivision Name: GRAPELAND
Area: 2410
Elementary School: Coral Gables Preparatory Academy
High School: Coral Gables
Parcel Number: 0141100022420
Subdivision Number: 2
Zoning: 5700
Flood Zone: X

Financial Information

Tax Annual Amount: 6000
Tax Year: 2026
Tax Legal Description: 9 10 54 41 GRAPELAND SUB REV PB 3-196 LOT 9 LESS N10FT BLK 12 LOT SIZE 50.000 X 141 73R-295869
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-10T14:38:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-10T14:38:58Z
Status Change Date: 2026-05-20

More Information

Income and Expenses

Gross Income: 2400

Unit 1 Details

Actual Rent: 2400
Baths Full: Yes
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 900

Unit 1 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 511.83

Section Details

Parcel Number MLX: 2420

Originating Details

Originating System Key: 485595243
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Wood: Yes

Special Listing Conditions

Real Estate Owned: Yes

Documents Available

None: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Roof

Other: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

City/County: Yes

Unit 1 Parking Features

Open Parking: Yes

Listing Office: One Sotheby's International Realty

Last Updated: July - 26 - 2026

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