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 · 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
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