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841 NW 116th Terrace, Miami FL 33168, Miami

$615,000

Miami, FL, 33168

841 NW 116th Terrace, Miami FL 33168 — photo 1
841 NW 116th Terrace, Miami FL 33168 — photo 2841 NW 116th Terrace, Miami FL 33168 — photo 3841 NW 116th Terrace, Miami FL 33168 — photo 4841 NW 116th Terrace, Miami FL 33168 — photo 5841 NW 116th Terrace, Miami FL 33168 — photo 6841 NW 116th Terrace, Miami FL 33168 — photo 7841 NW 116th Terrace, Miami FL 33168 — photo 8841 NW 116th Terrace, Miami FL 33168 — photo 9841 NW 116th Terrace, Miami FL 33168 — photo 10841 NW 116th Terrace, Miami FL 33168 — photo 11841 NW 116th Terrace, Miami FL 33168 — photo 12

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, Miamifor sale, listed for $615,000 (4 bed, 2.5 bath, 1,544 sqft).

$398/sqft · 55% percentile · based on 19 4-bed listings for sale in 33168 (median $387/sqft).

ZIP vs city price level

Active listings like this in ZIP 33168 show a median asking $387/sqft — 12.9% below the Miami median asking of $444/sqft.

n=19 · 2026-07-28 · Methodology

Run the numbers

Time on market

Against 19 comparable 4-bed listings for sale in 33168, this listing's 8 days on market compares with a 34-day median (34% percentile).

n=19 · 2026-07-28 · Methodology

How is this priced?

At $398 per square foot, this listing sits at the 55% percentile of the 19 comparable 4-bed listings for sale in 33168 on the market right now.

The current median for that group is $387/sqft, so this asking price is near the middle of its market.

n=19 · 2026-07-28 · Methodology

Local market report

Price-reduction climate

37% of 19 active 4-bed listings for sale in 33168 are listed below their original asking price.

n=19 · 2026-07-28 · Methodology

Browse this price segment

n=2,618 · 2026-07-28 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · 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.