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5870 SW 45th Terrace, Miami, FL 33155
Under Contract
21 Days on Market
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$1,000,000

5870 SW 45th Terrace

Miami, FL 33155

MALAGA HEIGHTS SEC I

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$1,000,000
Price per sq ft
$622
Vs. nearby sales
12.5% above
Days on market
21

This 3-bedroom single-family home in ZIP 33155 went under contract with an asking price of $1,000,000, or $622 per square foot. It spent 21 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $553 per square foot, so the asking price was 12.5% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,609
Living Sq Ft
1973
Year Built

Estimated monthly payment

$5,255 /mo

Principal and interest only, based on $200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$1,000,000
Days on Site
21 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,609 sqft
Total Sq Ft
2,475 sqft
Lot Size
0.26 Acres
Year Built
1973
Property Type
Single Family
MLS #
A12080525
Property Tax
$3,394 (2025)
Subdivision
MALAGA HEIGHTS SEC I
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Large corner lot with fruit trees just North of the City Of South Miami and West of Coral Gables. In a high demand area.

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1973
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Circular Driveway
Direction Faces
North
Lot Size (Acres)
0.26
Living Sq Ft
1,609
Total Sq Ft
2,475
Sewer
Public Sewer
Water Source
Public
Zoning
0100

Interior Features

Appliances
Electric Water Heater
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Main Level Primary
Total Rooms
1

Exterior Features

Construction
Block
Roof
Barrel
Lot Features
Quarter To Half Acre Lot

Community & HOA

55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
2400

Schools

Elementary School
David Fairchild
Middle School
South Miami
High School
South Miami

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
9,439
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$508
Avg Days on Market
143
View all 9,439 homes for sale in Miami →
How do I schedule a tour of 5870 SW 45th Terrace, Miami, FL 33155?
Use the Tour button on this listing to request a showing of 5870 SW 45th Terrace, Miami, FL 33155. 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 5870 SW 45th Terrace, Miami, FL 33155 still available?
5870 SW 45th Terrace, Miami, FL 33155 is currently listed as Under Contract, and has been on the market 21 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 5870 SW 45th Terrace, Miami, FL 33155?
With 20% down ($200,000) on the $1,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5870 SW 45th Terrace, Miami, FL 33155 is about $5,255/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 5870 SW 45th Terrace, Miami, FL 33155?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5870 SW 45th Terrace, Miami, FL 33155. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5870 SW 45th Terrace, Miami, FL 33155?
5870 SW 45th Terrace, Miami, FL 33155 is zoned for David Fairchild (elementary), South Miami (middle), South Miami (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 5870 SW 45th Terrace, Miami, FL 33155?
Often, yes. The right offer on 5870 SW 45th Terrace, Miami, FL 33155 depends on how it's priced against comparable single family 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 Pena Realty, 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 September 1, 2026.

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Listed by Ralph Pena, Pena Realty, Inc.

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