$1,089,000
NEW CONSTRUCTION

3431 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated payment $6,514/month

Total Views 18,649
3 Beds
2.5 Baths
1,852 Sq Ft
$588 Price per Sq Ft

Highlights

  • Hot Property
  • New Construction
  • Garden View
  • Coral Gables Preparatory Academy Rated A-
  • Deck
  • High Impact Door

About This Home

Discover elevated living at 3431 SW 16th Terrace, Miami. This newly built townhome, moments from Coral Gables, merges sleek architecture with timeless sophistication. It offers 3 generous bedrooms, 2.5 refined baths, and a versatile garage that transforms seamlessly into a fourth bedroom, private office, or gym. The chef’s kitchen stands out with Samsung appliances, bespoke European cabinetry, and waterfall quartz counters. Distinctive finishes include 7 ft. imported Turkish doors, Italian-crafted closets, and a dramatic wood staircase with a custom California-style railing. Hurricane-impact windows and doors provide security, while a serene covered deck overlooks landscaped grounds for outdoor retreat. A rare chance to own new construction in one of Miami’s most sought-after neighborhoods

Listing Agent

Julian Acosta

Compass Florida, LLC License #3135208 Listed on: 09/17/2025

Compass Florida, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 2024 | New Construction

Lot Details

  • South Facing Home
  • Fenced

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Twin Home
  • Entry on the 1st floor

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Deck
  • Patio

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-09-074-0040

Community Details

Overview

  • Garlick Sub Condos
  • Garlick Sub Subdivision

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,961

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Condominium
  • Architectural Style: Twin Home
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: GARLICK SUB
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1852
  • Stories: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Garden View
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GARLICK SUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 100
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-09-074-0040

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7961

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,961 $1,437,026 $386,928 $1,050,098
2024 $8,978 $355,944 -- --
2023 $8,978 $399,798 $322,440 $77,358
2022 $7,563 $329,979 $252,578 $77,401
2021 $6,164 $244,674 $0 $0
2020 $5,943 $284,966 $198,838 $86,128
2019 $5,704 $289,981 $188,090 $101,891
2018 $5,183 $268,894 $161,220 $107,674
2017 $4,721 $167,117 $0 $0
2016 $4,354 $151,925 $0 $0
2015 $4,071 $138,114 $0 $0
2014 $3,608 $125,559 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $1,089,000 0.0% $588 / Sq Ft
07/31/2025 07/31/25 For Rent $6,250 +9.6% --
12/10/2024 12/10/24 Rented $5,700 -4.9% --
12/09/2024 12/09/24 Under Contract -- -- --
10/16/2024 10/16/24 For Rent $5,995 0.0% --
01/27/2021 01/27/21 Sold $365,000 -7.6% $304 / Sq Ft
07/27/2020 07/27/20 For Sale $395,000 -- $329 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Title Team
Warranty Deed $430,000 Title Team
Warranty Deed $430,000 Title Team
Warranty Deed $365,000 Title Quest Investments Llc
Quit Claim Deed -- None Available
Trustee Deed $138,200 None Available
Quit Claim Deed -- All Legal Title Co
Quit Claim Deed -- None Available
Warranty Deed $400,000 --
Warranty Deed $350,000 --
Quit Claim Deed -- --
Warranty Deed $147,500 --
Warranty Deed $110,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $817,000 Construction
Closed $817,000 Balloon
Previous Owner $292,000 Seller Take Back
Previous Owner $320,000 Fannie Mae Freddie Mac
Previous Owner $280,000 Fannie Mae Freddie Mac
Previous Owner $110,021 FHA
Previous Owner $76,518 FHA
Closed $70,000 No Value Available
Source: Public Records

About the Listing Agent

Julian Acosta

Compass Florida, LLC

(786) 891-2198

Section Image

Julian Acosta is a powerhouse in Miami's luxury real estate market, renowned for capturing the attention of sophisticated buyers and skillfully securing top offers for sellers.
His negotiation skills are unmatched, consistently closing deals by allowing all parties to feel like they’ve won. With a real estate career that began in 2005 and a dedicated focus on Miami since 2011, Julian blends global insight with local expertise to deliver exceptional results.
Whether helping sellers

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Source: MIAMI REALTORS® MLS

MLS Number: A11880192

MIAMI REALTORS® MLS

APN: 01-4109-074-0040