Tropical Terrace Condo in North Miami

Tropical Terrace Condo
Homes for Sale in North Miami, FL

Community in North Miami · Miami-Dade County · ZIP 33161
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data12 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tropical Terrace Condo does not have enough active MLS detail right now to point to a specific price trend, so any read on value has to come from a direct comparison of current listings and recent closings rather than a headline number.

For a building with this little public market data, the posture for both buyers and sellers is the same: pricing gets set listing by listing, condition by condition, and a firm offer or list price should be backed by a fresh look at what else is actually on the market in the building right now.

The 60-Second Overview

Tropical Terrace Condo sits in Miami-Dade County, and current MLS records do not list specific community amenities, so buyers should confirm building features directly rather than assume a standard amenity package.

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.

Best for

  • Buyers willing to review condo association documents and recent unit-level sales directly rather than relying on aggregate market stats
  • Buyers focused on Miami-Dade County location who are open to a building with a lower public sales volume
  • Sellers prepared to price based on direct comparison to current and recent listings in the building rather than a published median

Probably not for

  • Buyers who want a documented amenity package confirmed before touring
  • Buyers who rely primarily on median price and trend data to guide an offer
  • Anyone unwilling to request and review HOA and condo association documents directly

The market around Tropical Terrace Condo

Tropical Terrace Condo is too small for its own price trend, so here is the market around it.

In ZIP 33161, 2 homes are on the market and 50% are under contract — a fast-moving corner of North Miami.

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 Tropical Terrace Condo specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Tropical Terrace Condo

Live MLS inventory for Tropical 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 Tropical Terrace Condo listings as of 2026-09-02, 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 2014 through 2022. Tap any home to ask about it.

Recent Developments in Tropical Terrace Condo

Development, infrastructure, retail, and school activity affecting Tropical Terrace Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum85/100 · High
  1. July 2026
    Development

    Two-tower Gwen Cherry Residences slated for 170 NE 67th Street

    Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.

    What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The site is less than a mile east of Tropical Terrace Condo.

    Source: Florida YIMBY
  2. July 2026
    Development

    Construction permits filed for two-tower Biscayne 18 in Edgewater

    Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.

    What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The project is about 3 miles south of Tropical Terrace Condo, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  3. July 2026
    Development

    OKO Lilli condo tower nabs Miami review board approval in Edgewater

    The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.

    What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The project is about 3 miles south of Tropical Terrace Condo, elsewhere in Miami-Dade County.

    Source: The Real Deal
  4. July 2026
    Development

    619 Brickell by Nobu condo tower wins review board approval

    The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.

    What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The project is about 5 miles south of Tropical Terrace Condo, elsewhere in Miami-Dade County.

    Source: The Real Deal
  5. July 2026
    Development

    Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences

    Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.

    What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The project is about 3 miles south of Tropical Terrace Condo, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  6. May 2026
    Development

    Miami Beach board approves Terra's 106-unit luxury condo tower at 1250 West Avenue

    Miami Beach's Design Review Board granted unanimous approval for a 330-foot condo tower with 106 units at 1250 West Avenue, developed by Terra Group with RG Development Group and GV Development. The building would replace a 15-story, 238-unit condo constructed in 1964 and include two penthouses with rooftop pools and ground-floor commercial space.

    What it may mean for the marketAdds a new luxury condo tower to the West Avenue corridor, replacing an aging mid-century building with a taller structure and ground-floor retail space, reshaping the bayfront skyline and local housing stock. The project is about 5 miles southeast of Tropical Terrace Condo, elsewhere in Miami-Dade County.

    Source: The Real Deal

Development alerts for Tropical Terrace CondoGet a short monthly email when something new is approved, funded, or opens near Tropical Terrace Condo.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Tropical Terrace Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Tropical Terrace Condo.

Best Buy
Buyers comfortable doing direct diligence in a building without a robust public sales history.
Biggest Risk
Thin MLS history makes it harder to benchmark price or condition against recent comparable sales.
Sweet Spot
Buyers or sellers who verify amenities, condition, and HOA details directly rather than relying on listing summaries.
Avoid If
You need a clear, data-backed price trend before making a decision.

What the data gap actually tells you

When a condo community shows no identified amenities and no median price in the current feed, it usually means one of two things: the building is small enough that listings are infrequent, or recent activity simply has not generated the data points that larger, more frequently traded communities produce. Either way, it changes how you should shop it.

Practically, that means leaning on the condo documents, HOA disclosures, and a direct walk-through of the building rather than on market averages. Ask what the association covers, what the reserve situation looks like, and what recent sales in the building actually closed for. That homework matters more here than in a community with a thick sales history to lean on.

The location and the amenities are priced into every listing in Tropical Terrace Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a building where MLS data is thin, the value of an agent shifts from reciting stats to doing manual diligence: pulling comparable unit sales one at a time, reviewing association documents line by line, and confirming condition claims in person before a number gets attached to an offer.

Tropical Terrace Condo in 15 seconds.

Best forBuyers comfortable doing direct diligence in a building without a robust public sales history.
Biggest advantageLimited competing data means a well-researched offer can carry more weight than in a heavily-tracked community.
Biggest riskThin MLS history makes it harder to benchmark price or condition against recent comparable sales.
Sweet spotBuyers or sellers who verify amenities, condition, and HOA details directly rather than relying on listing summaries.
Avoid ifYou need a clear, data-backed price trend before making a decision.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tropical Terrace Condo sales matched to your home.

What is your Tropical Terrace Condo home worth?

Get a no-obligation home value based on real comparable sales in Tropical 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 Tropical Terrace Condo on the map →

Real comps, not an automated estimate.
Buyers willing to review condo association documents and recent unit-level sales directly rather than relying on aggregate market statsExcellent fit
Buyers focused on Miami-Dade County location who are open to a building with a lower public sales volumeExcellent fit
Sellers prepared to price based on direct comparison to current and recent listings in the building rather than a published medianExcellent fit
Buyers who want a documented amenity package confirmed before touringProbably not
Buyers who rely primarily on median price and trend data to guide an offerProbably not
Anyone unwilling to request and review HOA and condo association documents directlyProbably not

Data sources & freshness

Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (8 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 your area comps.

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