841 NW 116th Terrace, Miami FL 33168, Miami
$615,000
Miami, FL, 33168
Property details
- Bedrooms
- 4
- Bathrooms
- 2.5
- Living area
- 1,544 sqft
- Year built
- 1954
- Type
- Single Family Residence
- Days on market
- 8
- MLS #
- B26035672
Listing courtesy of Time Realty Corp · 305-605-8463. Listing agent: Sherlie Danmervil. MLS data last updated 2026-06-02.
Description
Fully renovated 4-bedroom, 2.5-bath home in a desirable Miami neighborhood. Can be used as a spacious single-family home or as a 3-bedroom, 1.5-bath main residence with a separate 1-bedroom, 1-bath in-law suite for guests, extended family, or rental income. Features include modern finishes, updated kitchen and bathrooms, ample living space, and a functional layout. Conveniently located near schools, shopping, dining, parks, and major highways. A great option for a primary residence, multi-generational living, or investment opportunity. All financed offers must contain a pre-qualification letter and a DU less than 30 days old including proof of funds.
841 NW 116th Terrace, Miami FL 33168, Miami — for sale, listed for $615,000 (4 bed, 2.5 bath, 1,544 sqft).
$398/sqft · 38% percentile · based on 1,117 4-bed listings for sale in miami (median $446/sqft).
Price-reduction climate
40% of 1,176 active 4-bed listings for sale in miami are listed below their original asking price.
n=1,176 · 2026-07-26 · Methodology
How is this priced?
At $398 per square foot, this listing sits at the 38% percentile of the 1,117 comparable 4-bed listings for sale in miami on the market right now.
The current median for that group is $446/sqft, so this asking price is below the middle of its market.
n=1,117 · 2026-07-26 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Browse this price segment
n=2,620 · 2026-07-26 · Methodology
Current market segment
Right now: 1,176 active 4-bed listings for sale in miami, median asking price $898,500, median $446/sqft.
n=1,176 · 2026-07-26 · Methodology
Run the numbers
Time on market
This listing has been on the market 8 days; the median across 1,176 4-bed listings for sale in miami is 51 days.
n=1,176 · 2026-07-26 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-26 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.