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Community · Miami, FL
Cleveland Terrace is a community in Miami, Miami-Dade County, Florida. There are 2 homes for sale in Cleveland Terrace right now, updated from the MLS.
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Market Overview
There are 2 active listings for sale in Cleveland Terrace right now. The median list price is $2,224,500, or about $935 per square foot. Listings span $949,000 to $3,500,000, so there is inventory across most budgets. Homes are averaging 37 days on market. These figures update from the MLS as the market moves.
Cleveland Terrace Market Stats
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About Cleveland Terrace
Cleveland Terrace is a community in Miami, Miami-Dade County, Florida. There are 2 homes for sale in Cleveland Terrace right now, updated from the MLS.
Homes & Architecture
Homes for sale in Cleveland Terrace offer 5 bedrooms and 4.5 baths. Living areas run from about 2,320 to 2,628 square feet. The mix here includes multi-family and single family homes. Current prices run from $949,000 to $3,500,000. The homes on the market were built between 1924 and 1935.
Amenities & Lifestyle
Cleveland Terrace is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Cleveland Terrace is located in Miami, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Miami area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Cleveland Terrace
Buying in Cleveland Terrace follows the same path as the rest of Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami means you see new listings in Cleveland Terrace the day they reach the market.
Selling in Cleveland Terrace
A successful sale in Cleveland Terrace comes down to pricing, presentation, and marketing. List prices in Cleveland Terrace currently center around $2,224,500, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Cleveland Terrace owners in Miami, so you can see what your property could sell for before you commit to listing.
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