Own South Beach

The Terrace

945 Michigan Ave · Built 2007 · 4 floors · 8 residences

1 for sale
For sale
1
0 pending
Median asking
$599K
from $599K
Median $/sqft
$614/sqft
Days on market
81
0 sold in 12 months
The Terrace
Listing photo · courtesy of VantaSure Realty LLC · MLS #A12029487

Live near more of Miami

What surrounds The 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
Want the inside track on The Terrace?

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Inventory

Sold $/sqft trend

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

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
945 Michigan Ave
Year built
2007
Floors
4
Residences
8
Waterfront
No

Amenities

Amenity list coming soon.

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Watch
  • Built 2007 — its first 25-year structural milestone inspection is due around 2032

Estimated from The 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.

Frequently asked

How much do condos at The Terrace cost?+

There are 1 condos for sale at The Terrace, from $599,000, with a median asking price of $599,000 ($614/sqft).

How much are the HOA fees at The Terrace?+

HOA / maintenance fees at The Terrace run around $1,456 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 The Terrace a waterfront building?+

The Terrace is not directly on the water.

When was The Terrace built?+

The Terrace was built in 2007, 4 stories, 8 residences.

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