Own South Beach

Bayview Terrace

1228 West Ave · Built 1971 · 14 floors · 195 residences

8 for sale
For sale
8
2 pending · 10.7 mo supply
Median asking
$370K
from $299K
Median $/sqft
$485/sqft
$505/sqft sold, 12 mo
Days on market
123
45 to sell · 9 in 12 mo

1 of 8 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Bayview Terrace
Listing photo · courtesy of Beachfront Realty Inc · MLS #A11794412

Located in the heart of South Beach along the West Avenue corridor, Bayview Terrace is a recently renovated waterfront tower. The building offers a blend of serenity and sophistication, providing residents with expansive views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline.

The property features a variety of full-service amenities, including a 24-hour concierge, a bayfront fitness center, and a heated pool situated along the water. Additional building features include a boat dock, storage rooms, a bike room, and a laundry facility.

Live near more of Miami

What surrounds Bayview Terrace: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
59
/ 100
B
own.miami Score

A data-grounded score for Bayview Terrace from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value68
$485/sqft — vs. South Beach condos, then all of Miami
Momentum3
-27.4% $/sqft over 6 months
Liquidity43
10.7 months of supply · 123 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age20
Built 1971 — vs. South Beach buildings
own.miami Condo Index
78Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#541 of 698 tracked Miami condos
Top 78% by price per sq ft
#116 of 121 in South Beach
Momentum
↓ Cooling
$485/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

11 lines · modeled from 41 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Bayview Terrace’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -07 line.

LineLayoutSizeView$/sqftSales
-032 bd · 2 ba940 sqftBayWaterfront$611/sqft5
-041 bd · 1.5 ba750 sqftBayWaterfront$529/sqft4
-051 bd · 1.5 ba750 sqftBayWaterfront$483/sqft4
-061 bd · 1.5 ba750 sqftBayWaterfront$453/sqft2
-07Best value1 bd · 1.5 ba750 sqftBayWaterfront$420/sqft4
-081 bd · 1.5 ba750 sqftBayWaterfront$443/sqft3
-091 bd · 1.5 ba930 sqftBayWaterfront$483/sqft3
-111 bd · 1.5 ba750 sqftBayWaterfront$436/sqft3
-121 bd · 1.5 ba750 sqftBayWaterfront$500/sqft3
-131 bd · 1.5 ba750 sqftBayWaterfront$440/sqft1
-152 bd · 1.5 ba940 sqftBayWaterfront$531/sqft4

Modeled from Bayview Terrace’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Bayview Terrace’s own sales history.

Estimated value
$314,000
$295,000–$333,000 · $418/sqft
Moderate confidence · 4 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Bayview Terrace?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Bayview Terrace; bars are closings per month.

$313$493$673Aug 2024Jan 2025Jun 2025Nov 2025Mar 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1228 West Ave
Year built
1971
Floors
14
Residences
195
Waterfront
Yes

Amenities

  • · 24-hour attendant
  • · 24-hour concierge
  • · Fitness center
  • · Heated pool
  • · Boat dock
  • · Storage
  • · Bike room
  • · Laundry facility

Building rules

Parking
The building offers assigned covered garage parking.

Special assessments & recertification outlook

Watch

Public records checked Oct 26, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 4 purchase or refinance loans on this building in the last 12 months, financing 44% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 67/100.

    Source: Miami-Dade Clerk official records

  • InfoSpecial assessment reported as paid — noted on 2 listingsFeb 3, 2026

    Source: MLS listing remarks

  • Positive40-year recertification completedFeb 3, 2026

    Source: MLS listing remarks

  • Listings report the 40-year recertification completed
  • Listings note no special assessment currently
  • Built 1971 — a recurring structural milestone inspection is due around 2026

Estimated from Bayview Terrace’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Bayview Terrace: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

67Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
4
4 from banks and credit unions · purchases and refinances
Sales bank-financed
44%
9 recorded sales, 12 months · Resales only
Average down payment
25%
Lowest down payment accepted
20%
Loan programmes, 24 months:Conventional 4

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
8.6 ft
Lowest nearby street
1.8 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 0.8 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Bayview Terrace cost?+

There are 8 condos for sale at Bayview Terrace, from $299,000, with a median asking price of $370,000 ($485/sqft).

How much are the HOA fees at Bayview Terrace?+

HOA / maintenance fees at Bayview Terrace run around $832 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Bayview Terrace a waterfront building?+

Yes — Bayview Terrace is a waterfront building (South Beach).

When was Bayview Terrace built?+

Bayview Terrace was built in 1971, 14 stories, 195 residences.

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