The Terrace Condo in Miami Beach

The Terrace Condo
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data5 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is not enough active listing detail in the current MLS feed for The Terrace Condo to build a pricing narrative, and we are not going to manufacture one. No median, no unit count, no amenity list has surfaced in recent data, which by itself tells you this is a thin-inventory building right now rather than one with a defined price posture.

For a buyer or seller, that means the usual comparables approach does not apply until more units come to market or trade. Anyone serious about this address should expect a more manual, listing-by-listing evaluation rather than a market-level read.

The 60-Second Overview

The Terrace Condo sits in Miami-Dade County, but current MLS activity does not provide the listing volume needed to characterize its market beyond the name and location.

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 specific unit and its condo documents without a market-level price comparison
  • Someone already targeting this specific address for location reasons who can do direct diligence
  • A seller willing to list and let the market establish pricing given the current lack of comparable data

Probably not for

  • A buyer who wants confirmed building amenities before considering an offer
  • Someone relying on median-price or trend data to negotiate, since none currently exists for this building
  • A buyer wanting a fast, data-supported comparison against nearby condos

The market around The Terrace Condo

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

In ZIP 33139, 2 homes are on the market and 0% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

Homes here are condominium.

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

Homes For Sale Right Now in The Terrace Condo

Live MLS inventory for The 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 The Terrace Condo listings as of 2026-09-02, 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 2021 through 2024. Tap any home to ask about it.

If we were buying in The 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 The Terrace Condo.

Best Buy
Buyers or sellers who want a direct, document-level look at this specific building rather than a market-trend pitch.
Biggest Risk
The lack of current MLS data means pricing and amenity claims cannot be benchmarked until more listings surface.
Sweet Spot
Working directly from condo documents and individual listings rather than aggregate statistics.
Avoid If
You need market comparables or amenity confirmation before making a decision, since neither is available yet.

A building with no current data trail

Community amenities show as none identified from current MLS listings, which usually means either the listings on record did not include an amenities section, or the building's marketing has not emphasized shared features in recent submissions. It does not necessarily mean the building lacks amenities, only that we cannot confirm them from what is currently filed.

Given the absence of pricing and unit-level facts, the responsible move is direct due diligence: pulling condo documents, association details, and any recently closed comparables directly rather than relying on aggregate figures that do not yet exist for this address.

The location and the amenities are priced into every listing in The 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 a building has this little public listing data, the value of a broker is in doing the manual work: requesting association documents, checking recent closed sales directly, and verifying condition and terms unit by unit instead of leaning on a market snapshot that does not exist yet for The Terrace Condo.

The Terrace Condo in 15 seconds.

Best forBuyers or sellers who want a direct, document-level look at this specific building rather than a market-trend pitch.
Biggest advantageLocation within Miami-Dade County is confirmed; everything else requires direct verification.
Biggest riskThe lack of current MLS data means pricing and amenity claims cannot be benchmarked until more listings surface.
Sweet spotWorking directly from condo documents and individual listings rather than aggregate statistics.
Avoid ifYou need market comparables or amenity confirmation before making a decision, since neither is available yet.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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 The Terrace Condo sales matched to your home.

What is your The Terrace Condo home worth?

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Real comps, not an automated estimate.
A buyer comfortable evaluating a specific unit and its condo documents without a market-level price comparisonExcellent fit
Someone already targeting this specific address for location reasons who can do direct diligenceExcellent fit
A seller willing to list and let the market establish pricing given the current lack of comparable dataExcellent fit
A buyer who wants confirmed building amenities before considering an offerProbably not
Someone relying on median-price or trend data to negotiate, since none currently exists for this buildingProbably not
A buyer wanting a fast, data-supported comparison against nearby condosProbably not

Data sources & freshness

Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2021 (3 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 your area comps.

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