6895 SW 16th St, Miami, FL, 33155 | $650,000

For the buyer who recognizes potential, this is more than a home—it’s a canvas for what comes next. Whether you envision creating your dream space or settling into a property with room to grow, opportunities like this are rare. Situated on an expansive 10, 700 sq ft corner lot in the heart of Miami, this 3-bedroom, 2-bath home offers a unique blend of comfort, character, and possibility. Lovingly maintained, it features a functional, light-filled layout ready to be personalized. A standout feature is the separate-entry suite (bonus bedroom + bath), perfect for hosting guests, accommodating extended family, creating a private space that adapts to your lifestyle or income-producing rental—adding flexibility and long-term value. Step outside to a covered, tiled patio with outdoor kitchen—an inviting setting for gatherings, quiet mornings, or fun evenings. The oversized lot offers ample space to expand, add a pool, ADU, or design a private backyard retreat—making this property as versatile as it is valuable. Additional highlights include a new roof, 2024 A/C, Flood Zone X, and no HOA. A convenient location in the unincorporated Miami-Dade offers easier permitting, fewer restrictions, and lower renovation costs. Centrally nestled between major highways, Miami airport, shopping and dining, this is a pleasant place to commute from, a consistently desirable rental and a great value add resale. A home with space, flexibility, and the potential that allows you to truly make it your own.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Style: Detached,Ranch,One Story
  • Year Built: 1954
  • Garage: Circular Driveway,Driveway,Other
  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Approx Sq. Feet: 1,425
  • Est. Taxes: $2,156
  • Lot Desc: 1/4 to 1/2 Acre Lot
  • View: Garden,Other
  • Elem. School: Sylvania Heights
  • Middle School: West Miami
  • High School: South Miami
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Electric Range,Microwave,Refrigerator,Washer
  • MLS#: A12001965
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/A12001965/6895sw16thst_miami_fl?source=qrflyer
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Listing courtesy of Keller Williams Capital Realty   Phone: 305-662-7325

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

6895 SW 16th St, Miami, FL, 33155

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.887% 6.078%
Monthly Tax Payment $180 $180 $180
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,202 $3,330 $4,353
Total Monthly Payment $3,474 $3,602 $4,625

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.