THE TERRACES CONDO PH II
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
The Terraces Condo Ph II shows a very thin trading record right now, with just two closings in the recent window we track. That kind of volume means any single sale can swing the read on value more than it would in a deeper market, so pricing here has to be built listing by listing rather than off a clean trend line.
For a buyer or seller, that translates to more legwork and less certainty from the numbers alone. A seller should expect the comparable set to be small and should lean on unit condition and recent activity rather than assuming a pattern. A buyer has room to negotiate on specifics, but should not expect much market data to lean on for reassurance.
The 60-Second Overview
THE TERRACES CONDO PH II is a Miami-Dade condominium community with limited recent MLS closing activity, which means current pricing has to be assessed unit by unit rather than through broad trend data.
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 TERRACES CONDO PH II is best for.
Best for
- A buyer targeting a specific unit in this building rather than shopping the broader condo market.
- Someone comfortable doing independent diligence on association details and building condition given the limited MLS record.
- A seller prepared to price based on unit-specific condition rather than a market trend.
Probably not for
- A buyer who wants to rely on recent comparable sales before making a decision.
- Someone who needs a documented amenity list before considering a building.
- A seller expecting a fast, trend-driven sale process based on high recent turnover.
The market around THE TERRACES CONDO PH II
THE TERRACES CONDO PH II is too small for its own price trend, so here is the market around it.
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 TERRACES CONDO PH II specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in THE TERRACES CONDO PH II
Live MLS inventory for THE TERRACES CONDO PH II. 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 TERRACES CONDO PH II listings as of 2026-08-21, 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 2017 through 2026. Tap any home to ask about it.
The THE TERRACES CONDO PH II buying strategy.
If we were buying in THE TERRACES CONDO PH II 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 TERRACES CONDO PH II.
A market with little to measure
With only two closings in the tracked window, this is not a community where you can point to a trend and call it a market. Whatever pricing pattern exists is being set by a small number of transactions, and that means each closing carries outsized weight in any read of value here.
The current MLS data also does not identify community amenities for this building. That does not mean none exist, only that the listing record itself is not the place to confirm them. Anyone evaluating a unit here should verify building features, association details, and any amenity space directly rather than relying on what shows up in the listing feed.
The location and the amenities are priced into every listing in THE TERRACES CONDO PH II. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with this little recent transaction history, the value of a broker is verifying what the MLS record cannot tell you: building condition, association standing, and how a specific unit compares to whatever limited activity has occurred. We do that legwork before you make an offer, not after.
THE TERRACES CONDO PH II in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- 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 TERRACES CONDO PH II 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 TERRACES CONDO PH II sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in THE TERRACES CONDO PH II, 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 TERRACES CONDO PH II home worth?
Get a no-obligation home value based on real comparable sales in THE TERRACES CONDO PH II, 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 TERRACES CONDO PH II on the map →
Frequently Asked Questions
Do cash buyers compete in THE TERRACES CONDO PH II?
Who is the best real estate agent for THE TERRACES CONDO PH II?
How do I find a top Miami real estate agent who knows THE TERRACES CONDO PH II?
Can Momentum Realty connect me with an agent for THE TERRACES CONDO PH II?
Should you buy in THE TERRACES CONDO PH II?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2017 (58 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 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.
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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 member average and 8 days faster, and we’ll price yours against live your area comps.
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