The Terraces
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 · 129 homes for sale in 33176 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, the Terraces Condo Ph Ii in Miami, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 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).
Last 30 days in The Terraces: 1 new listing (median asking $245,000), 1 under contract right now. 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.
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.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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 20. Confidence: Low (3 and 6 sales in the two windows).
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· Updated October 20, 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 20, 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).
In ZIP 33176 (Miami), 405 homes closed in the last 12 months at a median of $540K ($384/sq ft), up 3.0% year over year, with a median 44 days on market. Right now 102 active and 42 pending listings — a balanced market. See the live ZIP 33176 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 16 homes in THE TERRACES Condo that have changed hands since 2006, built between 1971 and 1971 (median 1971), with a median living area of about 930 sq ft and a typical 2-bedroom, 2-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.
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 20 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.
29% of homes for sale in ZIP 33176 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
The Terraces Condo Market Scorecard
The Terraces Condo is currently a balanced market., a median asking price of $239,000, and homes go under contract in about 0 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. 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 2026-10-19, 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 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.
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. 2 on record.
- 10500 SW 108th Ave B210 · off market
- 10801 SW 109th Ct D203 · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33176 |
|---|---|
| Sale prices, last 12 months | $244,900 median across 3 closed sales · $258 per sq ft · +0.2% vs the prior 12 months |
| Days on market (closed sales) | 215 median |
| For sale right now | 3 active, 0 pending · median asking $239,000 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “The Terraces key facts,” movewithmomentum.com/neighborhoods/the-terraces-condo-ph-ii, data as of September 20, 2026.
Every Home for Sale in The Terraces Condo Ph Ii Right Now (2)
All 2 active and pending The Terraces Condo Ph Ii listings with a detail page, newest first, refreshed twice a day from the MLS.
- 10500 SW 108th Ave B211 · $190,000 · 1 bd / 2 ba · pending · listed Sep 19, 2026 · listed by The Lab Realty Group, LLC
- 10801 SW 109th Ct D305 · $245,000 · 2 bd / 2 ba · listed Aug 10, 2026 · listed by Fortune Christie's Intl R.E.
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Frequently Asked Questions
What is the median home price in The Terraces Condo?
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Should you buy in The Terraces 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: October 19, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| 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.
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See how THE TERRACES CONDO PH II fits the bigger picture — live prices, inventory, and Momentum Scores:
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