
The Terrace Condos Inc Unit 5 For Sale























Property Details
| Asking Price | $599,000 |
|---|---|
| Price per SqFt | $614 |
| Maintenance Fee | $1,456 Monthly |
| Property Taxes | $6,685 2025 |
| Interior Space | 976 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2007 |
| MLS # | A12029487 |
Location
From the listing
This condo it is rented till August 2027. Amazing Opportunity in Miami Beach!Why should I buy this condo? Rare chance to own one of the best values currently available in the area. Built in 2007, this newer boutique building offers features that are difficult to find at this price point.Association requirements are buyer-friendly with no minimum credit score requirement, no income verification requirement, and no minimum down payment requirement imposed by the association. Unlike many buildings in the area, you don't need a large down payment to buy. Qualified buyers may finance with as little as 3%-5% down, potentially saving tens of thousands of dollars compared to condos requiring 20%-25% or more down. Many condos in the same price range are located in much older buildings dating back to the 1950s, while this property combines modern construction with extensive recent building improvements.The building features assigned indoor parking, two beautiful rooftop terraces, impact windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting.Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.
Listed by VantaSure Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,456 a month; taxes $6,685 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · The Terrace Condos Inc Unit 5
Sales history is unavailable for this property

Listed by VantaSure Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
945 Michigan Avenue 5, Miami Beach · MLS A12029487 · $599,000
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

