$525,000
Sold · March 30, 2026
14973 SW 8th Terrace
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $525,000
- Vs. list price
- At list
- Days on market
- 42
- Price per sq ft
- $296
This 3-bedroom townhouse in Grand Lakes Phase I sold for $525,000 on March 30, 2026. That was exactly its final list price of $525,000. It first came on the market at $535,000, so the price was adjusted before it sold. It spent 42 days on the market. At $296 per square foot, it closed 4.2% above the $284 median of the 4 other townhouse sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $525,000
- Sold On
- March 30, 2026
- Days on Site
- 42 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,775 sqft
- Total Sq Ft
- 2,067 sqft
- Year Built
- 2004
- Property Type
- Townhouse
- MLS #
- A11940771
- Property Tax
- $7,107 (2025)
- HOA Fees
- $181 / Monthly
- Subdivision
- GRAND LAKES PHASE I
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Beautiful and spacious 3/3 townhouse with lakeview!! 1 bedroom & 1 full bath on first floor, car garage and patio fenced. Tiles floor on the first floor and vinyl on the second, community pool, fitness center, tennis and basketball court. The property is located close to FIU and easy access to main roadways.
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Sold
- Year Built
- 2004
- Property Condition
- Resale
- Number of Stories
- 0
- Garage Spaces
- 1
- Living Sq Ft
- 1,775
- Total Sq Ft
- 2,067
- Structure Type
- Townhouse
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile / Vinyl
- Interior Features
- Main Level Primary / Tub Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Pool Features
- Association
- Patio & Porch
- Open / Patio / Balcony
- View
- Lake
Community & HOA
- HOA Fee
- $181 / Monthly
- Association Amenities
- Basketball Court / Clubhouse / Pool
- Community Features
- Home Owners Association
- Security
- Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Other Restrictions
- MLS Area
- 2490
Schools
- Elementary School
- Zora Neale Hurston
- Middle School
- W. R. Thomas
- High School
- G. Holmes Braddock
About the Community
Grand Lakes Phase I is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $499,999 to $559,000. Homes were built between 2003 and 2004. Pure Equity lists homes in Grand Lakes 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
- 4
- Under Contract
- 2
- Median List Price
- $1,148,500
- Median Sale Price (September)
- $521,500
- Median $/Sq Ft
- $402
- Avg Days on Market
- 72
Frequently Asked Questions
- How do I schedule a tour of 14973 SW 8th Terrace, Miami, FL 33194?
- Use the Tour button on this listing to request a showing of 14973 SW 8th Terrace, Miami, FL 33194. 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 14973 SW 8th Terrace, Miami, FL 33194 still available?
- 14973 SW 8th Terrace, Miami, FL 33194 is currently listed as Sold, and has been on the market 42 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 14973 SW 8th Terrace, Miami, FL 33194?
- With 20% down ($105,000) on the $525,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 14973 SW 8th Terrace, Miami, FL 33194 is about $2,759/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 14973 SW 8th Terrace, Miami, FL 33194?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 14973 SW 8th Terrace, Miami, FL 33194. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 14973 SW 8th Terrace, Miami, FL 33194 have an HOA fee?
- Yes: 14973 SW 8th Terrace, Miami, FL 33194 carries an HOA fee of about $181 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 14973 SW 8th Terrace, Miami, FL 33194?
- 14973 SW 8th Terrace, Miami, FL 33194 is zoned for Zora Neale Hurston (elementary), W. R. Thomas (middle), G. Holmes Braddock (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 14973 SW 8th Terrace, Miami, FL 33194?
- Often, yes. The right offer on 14973 SW 8th Terrace, Miami, FL 33194 depends on how it's priced against comparable townhouse sales in Miami, 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 Miami Realty Dreams Inc.
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.
$525,000
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Listed by Nora Guifarro, Miami Realty Dreams Inc.
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Recent Sales
Recently sold homes in Grand Lakes Phase I
These are the last 6 recorded closings in Grand Lakes Phase I, with the price each home actually sold for rather than what it was listed at. They closed at a median of $299 per square foot. The most recent closed on October 5, 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$810,000
Sold · October 5, 2026
1458 SW 150th Avenue
4 bed · 3 bath · 2,223 sqft · $364/sqft
$55,900 under the asking price
Sold$530,000
Sold · September 30, 2026
14946 SW 9th Way
3 bed · 2.5 bath · 1,899 sqft · $279/sqft
$10,000 under the asking price
Sold$513,000
Sold · September 18, 2026
14970 SW 9th Terrace
3 bed · 3 bath · 1,775 sqft · $289/sqft
$6,000 under the asking price
Sold$710,000
Sold · September 8, 2026
15125 SW 12th Terrace
3 bed · 2.5 bath · 2,039 sqft · $348/sqft
$29,900 under the asking price
Sold$475,000
Sold · September 1, 2026
14964 SW 8 Lane
3 bed · 3 bath · 1,775 sqft · $268/sqft
$24,999 under the asking price
Sold$530,000
Sold · August 10, 2026
14909 SW 8th Terrace
4 bed · 3 bath · 1,775 sqft · $299/sqft
See every recorded sale in Grand Lakes Phase I or find out what your Grand Lakes Phase I home is worth.
