3640 SW 16th St, Miami FL 33145
About this home
Welcome to this charming and beautifully maintained 3-bedroom, 2-bath home located in the desirable Coral Gate neighborhood of Miami, 33145. Built in 1953 and situated on a rare oversized 8,325 sq. ft. lot, this inviting residence offers 1,540 sq. ft. of comfortable living space with classic character and thoughtful updates. The home features a remodeled kitchen completed approximately five years ago, crown molding, ceramic tile flooring throughout, and a convenient accessible layout. Major improvements include roof, electrical, and plumbing updates completed between 1991-1995. Two front windows are impact glass, while the remaining windows are protected with accordion shutters. Enjoy a spacious backyard with room for a pool, boat, RV or future expansion. Located in Flood Zone X with no HOA, this property offers flexibility and peace of mind. Zoned 5700 – Duplexes General, the property provides additional potential for future development or investment opportunities. Ideally located near Coral Gables, Coconut Grove, Brickell, and Downtown Miami, with convenient access to shopping, dining, parks, and major roadways. Zoned for Sunset Elementary, Ponce de Leon Middle, and Coral Gables Senior High. A wonderful opportunity to own a well-cared-for home in one of Miami’s most desirable central neighborhoods.
Features
- First Floor Entry
- Other
- Family Room
- No Additional Rooms
- Utility Room/Laundry
- Lighting
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,500
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.