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Single Family Residence
$720,000$209 / sqft
155 SW 16th Ter, Homestead FL 33030
Listed
6
Bedrooms
3
Bathrooms
3,450 sqft
Interior
1974
Year built
None
HOA
Single Family Residence
Type
About this home
Located at 155 SW 16th Terrace in Homestead, this spacious single-family residence offers an excellent combination of size, flexibility, and long-term potential. The home provides approximately 3,450 square feet of living area with six bedrooms and three full bathrooms, creating an ideal layout for a large household, multigenerational living, or buyers who need additional space for guests, a home office, entertainment, or storage. Situated on an approximately 0.28-acre lot, the property features a generous yard with room for outdoor living, recreation, gardening, or future improvements. The residence’s one-story design provides convenient accessibility and a practical flow throughout the home. Its substantial interior footprint allows for multiple living areas and flexible room configurations that can be adapted to meet a variety of needs. The property also offers value-add potential for a buyer interested in updating finishes, improving the exterior, or enhancing the landscaping to maximize its appeal and value. Conveniently located near Downtown Homestead, schools, shopping, restaurants, parks, and major roadways, the home provides easy access throughout South Miami-Dade, the Florida Keys, and nearby recreational destinations. With its large living area, multiple bedrooms, oversized lot, and established residential location, 155 SW 16th Terrace represents an opportunity for an owner-occupant or investor seeking space, versatility,
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 59 active listings; the middle half ask $10,000–$42,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.