
3431 SW 16th Terrace Miami, FL 33145
Coral Way NeighborhoodEstimated payment $6,514/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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 |
About the Listing Agent

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
Julian's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11880192

APN: 01-4109-074-0040
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