# Monad Terrace

As of 2026-10-28, Monad Terrace in South Beach has 3 units for sale at a median asking price of $4.3M ($2,150/sqft); 6 units sold in the last 12 months.

Monad Terrace is a 15-floor, 60-residence waterfront condominium at 1300 Monad Ter in South Beach, developed by JDS Development Group and completed in 2021.

## Key facts

| | |
|---|---|
| Address | 1300 Monad Ter |
| Neighborhood | South Beach |
| Year built | 2021 |
| Floors | 15 |
| Units | 60 |
| Waterfront | yes |
| Developer | JDS Development Group |
| For sale | 3 |
| Pending | 1 |
| Median asking price | $4,299,000 |
| Median asking $/sqft | $2,150/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $1,982/sqft |
| Months of inventory | 6.0 |
| Median HOA | $6,229/mo |
| Parking | The building features a porte cochère with valet. |

## Own Miami measures

- **own.miami Building Score: 71 (A−)**
  - Value: 24 — $2,150/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 95 — +35.3% $/sqft over 6 months
  - Liquidity: 77 — 6.0 months of supply · 26 days on market
  - Health: 72 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 91 — Built 2021 — vs. South Beach buildings
- **Own Miami Condo Index: 236** (premium; 100 = the market-median building, 200 = twice its $/sqft; rank 40 of 698 tracked Miami condos)
- **Financeability Index: 51** (good; 12-month window, 3 recorded mortgages, 29% of sales bank-financed, lowest down payment 15%, as of 2026-10-31)
- Special-assessment outlook: clear (next structural milestone inspection due 2046)

## Building health (verified public records)

- Public records checked 2026-10-29
- positive: Bank financing — Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 29% of its recorded sales, and accepted a down payment as low as 15%. 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 51/100. (2026-10-31)
- Legal & regulatory: 1 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-22)

## Frequently asked questions

**How much do condos at Monad Terrace cost?**

There are 3 condos for sale at Monad Terrace, from $4,125,000, with a median asking price of $4,299,000 ($2,150/sqft).

**How much are the HOA fees at Monad Terrace?**

HOA / maintenance fees at Monad Terrace run around $6,229 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 Monad Terrace a waterfront building?**

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

**When was Monad Terrace built?**

Monad Terrace was built in 2021, 15 stories, 60 residences.

**Who developed Monad Terrace?**

Monad Terrace was developed by JDS Development Group.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Monad Terrace](https://own.miami/buildings/monad-terrace/for-sale)
- [Five Park](https://own.miami/buildings/five-park)
- [Villa Sofia](https://own.miami/buildings/villa-sofia)
- [Milano Boutique](https://own.miami/buildings/milano-boutique)
- [300 Collins](https://own.miami/buildings/300-collins)

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Source: Own.Miami — https://own.miami · data as of 2026-10-28
Canonical page: https://own.miami/buildings/monad-terrace
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