The Terraces
Condos for Sale in Miami, FL
All 5,147 homes for sale in Miami, FL · median $525,000 · 4,620 condos for sale in Miami · 161 homes for sale in 33176 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, the MLS records 2 closed sales in the Terraces Condo Ph Ii in Miami, FL since 2026, the most recent in November 2026. Across Miami as a whole, 1,547 homes closed in the last 12 months at a median of $550,000, 67 median days on market. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,680 ($8,960 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.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
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.
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 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
The Terraces Condo is too small for its own price trend, so here is the market around it.
In ZIP 33176, 169 homes are on the market and 19% are under contract — a steady corner of Miami.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
In ZIP 33176 (Miami), 63 homes closed in the last 12 months at a median of $534K ($402/sq ft), with a median 37 days on market. Right now 36 active and 12 pending listings put supply at about 6.9 months — a balanced market. See the live ZIP 33176 housing market and the Miami-Dade County market.
ZIP and county figures describe the wider market, not The Terraces Condo specifically. Momentum Research analysis of MLS records.
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 2026-11-12, 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 2026 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.
See all homes for sale in Miami →
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: November 12, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (2 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. A Momentum agent can 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 TERRACES CONDO PH II fits the bigger picture — live prices, inventory, and Momentum Scores: