The Terrace
Condos for Sale in Miami Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of September 2026, the Terrace Condo in FL has 1 home for sale. As of September 2026, the MLS records 3 closed sales in the Terrace Condo in FL since 2021, the most recent in April 2024.
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.
Who The Terrace Condo is best for.
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, 1,060 homes are on the market and 14% are under contract — a slower corner of Miami Beach.
Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).
In ZIP 33139, 697 homes closed in the last 12 months at a median of $800K ($765/sq ft), up 2.1% year over year, with a median 95 days on market. Right now 495 active and 79 pending listings — a buyer's market. See the live ZIP 33139 housing market and the Miami-Dade County market.
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 2026-09-18, 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.
Every Home for Sale in The Terrace Condo Right Now (1)
All 1 active and pending The Terrace Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 945 Michigan Ave 5 · $599,000 · 2 bd / 2 ba · listed Jul 1, 2026 · listed by VantaSure Realty LLC
The The Terrace Condo buying strategy.
If we were buying in The Terrace Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a The Terrace Condo buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Terrace Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Terrace Condo home worth?
Get a no-obligation home value based on real comparable sales in The 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.
See homes for sale in The Terrace Condo on the map →
Should you buy in The Terrace Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 18, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-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 local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how THE TERRACE CONDO fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about The Terrace
Where is The Terrace?
The Terrace is a community in Miami-Dade County, Florida, ZIP 33139.
Are there homes for sale in The Terrace right now?
Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does The Terrace have an HOA or CDD?
No HOA is on record for The 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.
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