Madrid Terrace Condo in Miami

Madrid Terrace
Condos for Sale in Miami, FL

All 4,658 homes for sale in Miami, FL · median $520,990 · 4,168 condos for sale in Miami · 26 homes for sale in 33144 · Miami-Dade County homes for sale

Community in Miami · Miami-Dade County · ZIP 33144
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data7 years of closingsUpdated twice daily

As of October 2026, Madrid Terrace Condo in Miami, FL has 5 homes for sale, asking from $173,000 to $250,000 (median $185,900). Homes listed or recently sold were built 1973–1973; 5 of 5 report an HOA (median $454/mo).

Last 30 days in Madrid Terrace: 3 new listings (median asking $185,000). As of October 20, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Madrid Terrace Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
3 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 3 a year

Homes For Sale Right Now in Madrid Terrace Condo

Live MLS inventory for Madrid Terrace Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Madrid Terrace Condo listings as of 2026-10-19, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2019 through 2026. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Madrid Terrace Condo is not a community we can size up with a stack of comps right now. The current MLS snapshot doesn't give us a median sale price, a days-on-market figure, or a closed-unit count to lean on, and no amenities are confirmed from active listings. That's a data gap, not necessarily a market judgment — but it means anyone pricing a unit here, buying or selling, is working without the usual guardrails.

In a building like this, value is set unit by unit: floor level, view, interior condition, and whatever the association covers or doesn't. Without a reliable comp set pulled from the MLS feed, the honest move is to treat every listing as its own case study rather than assume it tracks a broader trend line.

Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.

The 60-Second Overview

Madrid Terrace Condo sits in Miami-Dade County, but the current MLS feed does not surface a pricing trend, transaction volume, or a confirmed amenity list for the building — so this is a community where you verify details directly rather than rely on aggregate stats.

MIAMI REALTORS sales records identify 10 homes in MADRID TERRACE Condo that have changed hands since 2020, built between 1973 and 1973 (median 1973), with a median living area of about 813 sq ft and a typical 2-bedroom, 1.5-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer comfortable evaluating a condo on its own documents and unit condition rather than a published price trend
  • Someone targeting Miami-Dade condo ownership who is prepared to request association financials and reserve studies directly
  • A buyer or investor who values patience over speed and wants a broker to build a custom comp set for this specific building

Probably not for

  • A buyer who wants a confirmed amenities list before touring
  • Someone who needs a reliable median price or days-on-market figure to benchmark an offer immediately
  • A buyer on a tight closing timeline who can't wait on document review and manual comp research

The market around Madrid Terrace Condo

Madrid Terrace Condo is too small for its own price trend, so here is the market around it.

In ZIP 33144, 48 homes are on the market and 38% are under contract — a fast-moving corner of Miami.

Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).

In ZIP 33144 (Miami), 113 homes closed in the last 12 months at a median of $680K ($457/sq ft), up 2.9% year over year, with a median 50 days on market. Right now 27 active and 12 pending listings — a balanced market. See the live ZIP 33144 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not Madrid Terrace Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Madrid Terrace Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Madrid Terrace Condo.

Best Buy
A buyer willing to do unit-level diligence rather than lean on a market-wide price trend.
Biggest Risk
Limited current MLS data means pricing missteps are easy without a manual comp pull.
Sweet Spot
A specific unit with clean condo financials and a condition you can verify in person.
Avoid If
You need a fast, data-backed comp to justify an offer or a listing price on a deadline.

What the Listings Don't Say

When a condo community shows no identified amenities and no usable pricing trend from current MLS listings, it usually means one of two things: the building genuinely has minimal shared amenities, or the listings simply haven't described them. Either way, that's a question for the condo documents and the association, not the listing sheet.

The same logic applies to price. With no median or closing count to reference here, a buyer's real work is pulling unit-specific history, checking the master association's financials and any special assessments, and comparing floor plans directly rather than trusting a headline number that doesn't exist yet in this dataset.

“

The location and the amenities are priced into every listing in Madrid Terrace Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When the MLS feed itself is thin, the value of a broker is doing the legwork the data won't: pulling condo docs, checking association reserves, and building a comp set from actual unit history instead of a building-wide average that doesn't exist for Madrid Terrace Condo yet.

Madrid Terrace Condo in 15 seconds.

Best forA buyer willing to do unit-level diligence rather than lean on a market-wide price trend.
Biggest advantageDecisions here are made on documents and inspection, not on a headline comp.
Biggest riskLimited current MLS data means pricing missteps are easy without a manual comp pull.
Sweet spotA specific unit with clean condo financials and a condition you can verify in person.
Avoid ifYou need a fast, data-backed comp to justify an offer or a listing price on a deadline.

What it really costs to own in Madrid Terrace Condos for Sale

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $2,856/yr across 5 listings here (MLS tax records, 2026-10-20).
HOA duesMedian $454/month across 5 MLS listings (most billed monthly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1973 across 5 listings. An original roof here would be about 53 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Estimated carrying cost at the median asking price, before the mortgage: about $850/month (tax $238, HOA $454, insurance $158). An estimate from the sources above, not a quote.

Email me new listings in Madrid Terrace Condos for Sale

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Madrid Terrace Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Madrid Terrace Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Madrid Terrace Condos for Sale in Miami, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Madrid Terrace Condos for Sale in Miami, FL.
In short
  • HOA dues reported around $454/month (about $5,448/yr) · median of 5 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $454 per month ($5,448 a year) — the median AssociationFee across 5 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Madrid Terrace Condo sales matched to your home.

What is your Madrid Terrace Condo home worth?

Get a no-obligation home value based on real comparable sales in Madrid Terrace Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.
A buyer comfortable evaluating a condo on its own documents and unit condition rather than a published price trendExcellent fit
Someone targeting Miami-Dade condo ownership who is prepared to request association financials and reserve studies directlyExcellent fit
A buyer or investor who values patience over speed and wants a broker to build a custom comp set for this specific buildingExcellent fit
A buyer who wants a confirmed amenities list before touringProbably not
Someone who needs a reliable median price or days-on-market figure to benchmark an offer immediatelyProbably not
A buyer on a tight closing timeline who can't wait on document review and manual comp researchProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: October 19, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2019 (24 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Common questions about Madrid Terrace

Where is Madrid Terrace?

Madrid Terrace is a community in Miami, Miami-Dade County, Florida, ZIP 33144.

Are there homes for sale in Madrid Terrace right now?

Yes — 3 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Madrid Terrace have an HOA or CDD?

No HOA is on record for Madrid Terrace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Every Home for Sale in Madrid Terrace Condo Right Now (5)

All 5 active and pending Madrid Terrace Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Madrid Terrace with Momentum Realty’s local guides.

Valencia Terrace Condo0.0 mi away · 1 for salePrincess Park Manor0.1 mi away · median $570K, 3 sales/12 moRoyal Flagler Condo0.2 mi away · 2 for saleFlagami0.3 mi away · 1 for saleZena Gardens0.4 mi away · median $689K, 3 sales/12 moLago Condo0.4 mi away · 1 for saleMilam Condo South0.4 mi awayFairlawn0.5 mi away · median $573K, 11 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in MADRID TERRACE CONDO? 2 recorded closings (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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