Tropical Terrace Condos for Sale: 1 Listing

Tropical Terrace
Condos for Sale in North Miami, FL

Community in North Miami · Miami-Dade County · ZIP 33161
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data12 years of closingsUpdated twice daily

As of October 2026, Tropical Terrace Condo in FL has 1 home for sale. As of October 2026, the MLS records 8 closed sales in Tropical Terrace Condo in FL since 2014, the most recent in August 2022.

Live · Tropical Terrace Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
1 · 0
For sale · pending
live counts, refreshed 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.

MIAMI REALTORS sales records identify 6 homes in TROPICAL TERRACE Condo that have changed hands since 2014, built between 1971 and 1971 (median 1971), with a median living area of about 683 sq ft and a typical 1-bedroom, 1-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.

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, 234 homes are on the market and 18% are under contract — a steady corner of North Miami.

Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).

In ZIP 33161, 239 homes closed in the last 12 months at a median of $582K ($395/sq ft), down 6.7% year over year, with a median 52 days on market. Right now 126 active and 28 pending listings — a buyer's market. See the live ZIP 33161 housing market and the Miami-Dade County market.

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 2026-10-09, 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.

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.

What it really costs to own in Tropical TerraceCondos for Sale

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $557/month across 14 MLS listings (most billed monthly; 2026-10-13). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.

Ask an agent about Tropical TerraceCondos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Tropical TerraceCondos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tropical Terrace Condos for Sale in North Miami, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Tropical Terrace Condos for Sale in North Miami, FL.
In short
  • HOA dues reported around $557/month (about $6,684/yr) · median of 14 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $557 per month ($6,684 a year) — the median AssociationFee across 14 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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

Live listingsMIAMI MLS, refreshed twice daily (last: October 9, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-09-20
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.

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 October 2026.

  1. October 2026
    Development

    Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami

    Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.

    What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 4 miles south of Tropical Terrace Condo.

    Source: Florida YIMBY
  2. October 2026
    Development

    Tula Residences tops out at 7918 West Drive in North Bay Village

    The 21-story, 54-unit condominium building developed by Pacific & Orient Properties reached its full height. Bayshore Grove Capital oversees development and construction. Completion is anticipated in the third quarter of 2027.

    What it may mean for the marketAdds 54 homes to the North Bay Village inventory on the Biscayne Bay islands between Miami and Miami Beach. The site is about 3 miles east of Tropical Terrace Condo.

    Source: Florida YIMBY
  3. October 2026
    Development

    Sweetbird North breaks ground at 95 NE 40th Street in the Miami Design District

    Miami Design District Associates and Raycliff Capital began an eight-story, 120,500 square foot building with more than 92,000 square feet of office and about 22,500 square feet of retail. Atria Health and Research Institute leased about 55,000 square feet and 26North will also join. Completion is expected in early 2028.

    What it may mean for the marketAdds office space and ground-floor retail in the Design District, increasing nearby daytime employment and shopping options. The site is about 2 miles south of Tropical Terrace Condo.

    Source: Florida YIMBY
  4. September 2026
    Civic

    Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate

    County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.

    What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 5 miles south of Tropical Terrace Condo.

    Source: Local 10 News
  5. August 2026
    Market

    Lakeview at NoMi opens pre-leasing with 342 units in North Miami

    Integra Investments' seven-story project at 13855 NW 17th Avenue includes 342 units, 34 income-restricted and 308 workforce-priced, plus a 528-foot public linear park and about 3,160 square feet of ground-floor commercial space. The roughly $100 million build has a $65 million construction loan, with initial move-ins expected as soon as November.

    What it may mean for the marketAdds 342 rental units and a public park to North Miami, expanding rental inventory at workforce price points. The site is about 5 miles north of Tropical Terrace Condo.

    Source: Hoodline
  6. 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

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.

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Common questions about Tropical Terrace

Where is Tropical Terrace?

Tropical Terrace is a community in Miami-Dade County, Florida, ZIP 33161.

Are there homes for sale in Tropical Terrace right now?

Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Tropical Terrace have an HOA or CDD?

No HOA is on record for Tropical Terrace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Every Home for Sale in Tropical Terrace Condo Right Now (1)

All 1 active and pending Tropical Terrace Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near Tropical Terrace with Momentum Realty’s local guides.

The White House Condo0.0 mi away · 4 for saleSMSmallwood Manor0.1 mi awayAllocca0.2 mi awayZurich Condo0.2 mi away · 1 for saleMountclair Villas Condo0.2 mi away · 1 for saleIrons Manor High Pines Ad0.2 mi away · 1 for saleRucks Park0.2 mi away · 1 for saleKerwood Manor0.2 mi away

Browse all neighborhood guides →

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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.

$3,210/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

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.