The Terraces
Condos for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, the Terraces Condo Ph Ii in Miami, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $244,900, $258 per square foot, a median 215 days on market, sellers accepting 90% of original asking (+0% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,310 ($3,590 with the full homestead exemption).
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 Terraces Condo right now
🟡 Still climbing. The trailing-12-month median ($245K) is up 0.2% from the prior 12 months ($244K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 6 sales in the two windows).
What's unique here: the median sale price is about 56% below the typical Miami-Dade County sale ($245K vs $555K, trailing 12 months, MIAMI MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
The Terraces Condo market snapshot (as of September 12, 2026): the median sale price is about $245K ($258 per sq ft over the trailing 12 months of closed sales), and a median 215 days on market for closed sales. The trailing-12-month median is up 0% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
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.
Who The Terraces Condo 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($245K) IS the median in the snapshot above, and the move from 2025 ($244K) IS the +0.2% one-year change.
Windows contain 0 to 13 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
THE TERRACES CONDO PH II Market Scorecard
THE TERRACES CONDO PH II is currently a thin data market. Limited supply, a median asking price of $249,500, and homes go under contract in about 43 days.
Typical home value in the 33176 ZIP is $630,508, about 57.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in The Terraces Condo
Live MLS inventory for The Terraces 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 Terraces Condo listings as of 2026-09-12, 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 buying strategy.
If we were buying in The Terraces 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 Terraces Condo.
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. 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 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 Terraces 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 Terraces 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 Terraces 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 Terraces Condo home worth?
Get a no-obligation home value based on real comparable sales in The Terraces 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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Recently off market in THE TERRACES CONDO PH II
Homes in THE TERRACES CONDO PH II that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 10500 SW 108th Ave B210 · off market
Frequently Asked Questions
What is the median home price in The Terraces Condo?
How long do homes in The Terraces Condo take to sell?
Who is the best real estate agent for The Terraces Condo?
How do I find a top Miami real estate agent who knows The Terraces Condo?
Can Momentum Realty connect me with an agent for The Terraces Condo?
Should you buy in The Terraces Condo?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near The Terraces Condo with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2017 (59 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?
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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 MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how THE TERRACES CONDO PH II fits the bigger picture — live prices, inventory, and Momentum Scores: