$403,000
Sold · March 25, 2026
1020 NW 197th Terrace
Miami Gardens, FL 33169
Explore the area: Miami Gardens homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $403,000
- Vs. list price
- 3.8% under
- Days on market
- 15
- Price per sq ft
- $317
This 3-bedroom single-family home in Norwood 4th Addn sold for $403,000 on March 25, 2026. That was 3.8% below its final list price of $419,000. It first came on the market at $435,000, so the price was adjusted before it sold. It spent 15 days on the market. At $317 per square foot, it closed 6.2% below the $338 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $403,000
- Sold On
- March 25, 2026
- Days on Site
- 15 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,273 sqft
- Total Sq Ft
- 1,688 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1957
- Property Type
- Single Family
- MLS #
- A11971225
- Property Tax
- $7,953 (2026)
- Subdivision
- NORWOOD 4TH ADDN
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Investor Special!This 3-bedroom, 2-bathroom home sits on a large 7,500 sq ft lot and presents a prime opportunity for investors or first-time homebuyers seeking a well-maintained property ready for personal touches and modern updates. The property also features covered parking with an aluminum carport and a spacious backyard with room for a pool, expansion, or future enhancements.The roof, electrical panel, and central A/C system—were installed in 2018 and in excellent condition.Ideally located just minutes from Hard Rock Stadium and with convenient access to the Florida’s Turnpike, this home offers comfort, convenience, and strong upside potential. Opportunities like this are rare—don’t miss your chance.Please Call/Text listing agent for more information.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1957
- Property Condition
- Fixer
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Covered / Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 1,273
- Total Sq Ft
- 1,688
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Electric Water Heater
- Cooling
- Central Air / Other
- Heating
- Other
- Flooring
- Other / Terrazzo / Tile
- Interior Features
- Other
- Laundry
- Washer Hookup / Dryer Hookup
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area / Other
- Architectural Style
- Other
- Patio & Porch
- Patio
- Lot Features
- Oversized Lot
- View
- Other
Community & HOA
- Association Amenities
- Other
- Financing Terms
- Cash
- Restrictions
- No Restrictions / See Remarks
- MLS Area
- 2210
Schools
- Elementary School
- Norwood
- Middle School
- Norland
- High School
- Miami Norland
About the Community
Norwood 4th Addn is a community in Miami Gardens, Miami-Dade County, Florida. Active listings are priced from $579,900 to $629,000. Homes were built starting 1957. Pure Equity lists homes in Norwood 4th and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 0
Frequently Asked Questions
- How do I schedule a tour of 1020 NW 197th Terrace, Miami Gardens, FL 33169?
- Use the Tour button on this listing to request a showing of 1020 NW 197th Terrace, Miami Gardens, FL 33169. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1020 NW 197th Terrace, Miami Gardens, FL 33169 still available?
- 1020 NW 197th Terrace, Miami Gardens, FL 33169 is currently listed as Sold, and has been on the market 15 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1020 NW 197th Terrace, Miami Gardens, FL 33169?
- With 20% down ($83,800) on the $419,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1020 NW 197th Terrace, Miami Gardens, FL 33169 is about $2,202/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1020 NW 197th Terrace, Miami Gardens, FL 33169?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1020 NW 197th Terrace, Miami Gardens, FL 33169. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1020 NW 197th Terrace, Miami Gardens, FL 33169?
- 1020 NW 197th Terrace, Miami Gardens, FL 33169 is zoned for Norwood (elementary), Norland (middle), Miami Norland (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1020 NW 197th Terrace, Miami Gardens, FL 33169?
- Often, yes. The right offer on 1020 NW 197th Terrace, Miami Gardens, FL 33169 depends on how it's priced against comparable single family sales in Miami Gardens, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Lokation
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$403,000
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Listed by Jonathan Salgado, Lokation
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Recent Sales
Recently sold homes in Norwood 4th Addn
These are the last 6 recorded closings in Norwood 4th Addn, with the price each home actually sold for rather than what it was listed at. They closed at a median of $392 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$565,000
Sold · October 13, 2026
1000 NW 198th Street
3 bed · 2 bath · 1,442 sqft · $392/sqft
Sold$580,000
Sold · August 14, 2026
1020 NW 197th Terrace
3 bed · 2 bath · 1,273 sqft · $456/sqft
$100 over the asking price
Sold$599,000
Sold · July 27, 2026
1081 NW 198th Street
4 bed · 2.5 bath · 2,110 sqft · $284/sqft
Sold$525,000
Sold · April 27, 2026
811 NW 196th Terrace
3 bed · 2 bath · 2,640 sqft · $199/sqft
Sold$542,000
Sold · April 20, 2026
1090 NW 197th Terrace
3 bed · 2 bath · 1,262 sqft · $429/sqft
$12,100 over the asking price
Sold$500,000
Sold · March 3, 2026
1011 NW 195th Street
5 bed · 2 bath · 2,995 sqft · $167/sqft
$25,000 under the asking price
See every recorded sale in Norwood 4th Addn or find out what your Norwood 4th Addn home is worth.
