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Terrace East Condo

Terrace East Condo

Terrace East Condo
Condominium Building
1400 Pennsylvania Ave
Miami Beach, FL 33139
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

53 Units
4 Stories
1965 Year Built
$143K - $570K Value Range

Available Units

For Sale
For Rent

Highlights

  • Intercom to Front Desk
  • Gated Community
  • Clubhouse
  • Bike Room
  • Views
  • Card or Code Access

A mid-century gem in the heart of South Beach

Terrace East Condo, completed in 1965, stands as a testament to Miami Beach's enduring mid-century charm. This 4-story condominium complex houses 53 units, offering a blend of studios, one-bedroom, and two-bedroom layouts. Situated in the vibrant Flamingo neighborhood, Terrace East provides residents with a prime location to experience the best of South Beach living. The building's modest exterior belies the comfortable and well-appointed units within, each designed to maximize space and natural light. With its central location and variety of floor plans, Terrace East Condo caters to a diverse range of residents seeking an authentic South Beach lifestyle.

Versatile layouts with modern touches

Terrace East Condo offers a range of floor plans to suit various lifestyles. Studios, starting at approximately 400 square feet, provide an efficient living space with sale prices ranging from $266,077 to $275,072.50. These compact units often feature updated kitchens with black granite counters and white cabinets, creating a sleek, modern aesthetic. One-bedroom units span from 435 to 650 square feet, offering more space for residents. These apartments, with sale prices around $190,000, typically include a single bathroom and may feature wood-style floors throughout. Many one-bedroom units have been thoughtfully renovated to maximize space and functionality. For those requiring more room, two-bedroom units range from 650 to 1,300 square feet, with one or two bathrooms. These larger apartments are priced between $266,599.75 and $267,789.25, offering excellent value for the space provided. Select units boast floor-to-ceiling windows, flooding the interiors with natural light and providing expansive views of the surrounding area. A standout feature in many units is the presence of private balconies or terraces, allowing residents to enjoy the warm Miami Beach climate from the comfort of their homes. These outdoor spaces often overlook the building's courtyard or provide city views, enhancing the overall living experience. Recent renovations in many units have introduced modern amenities such as updated kitchen finishes, bathroom fixtures, and custom solar shades. Some apartments feature pocket doors between living areas and bedrooms, allowing for flexible use of space. The combination of these contemporary updates with the building's mid-century bones creates a unique and appealing living environment.

Practical amenities for comfortable living

Terrace East Condo offers a selection of amenities designed to enhance the daily lives of its residents. The building is maintained as a gated community, adding an extra layer of security and exclusivity. An elevator serves all four floors, ensuring easy access for residents and their guests. One of the most valuable amenities at Terrace East is the covered parking area. In a neighborhood where parking can be challenging, this feature is particularly appreciated by residents. The building also offers dedicated bike storage, catering to those who prefer two-wheeled transportation in the bike-friendly South Beach area. Laundry facilities are available on-site, saving residents the hassle of finding off-site laundromats. The building's courtyard provides a pleasant outdoor space for relaxation or socializing with neighbors. This green area adds a touch of nature to the urban setting and serves as a focal point for the community. Terrace East is a pet-friendly building, allowing animals up to 20 pounds. This policy enables residents to enjoy the companionship of small pets while maintaining a comfortable environment for all occupants. The building's modest size of 53 units fosters a sense of intimacy and community among residents. While Terrace East may not offer luxury amenities like pools or fitness centers, its practical and well-maintained facilities cater effectively to the needs of its residents. The focus on essential amenities keeps maintenance costs reasonable while providing a comfortable living environment in one of Miami Beach's most desirable neighborhoods.

The vibrant heart of South Beach at your doorstep

Terrace East Condo is ideally situated in the Flamingo neighborhood, a vibrant area that captures the essence of South Beach living. This location offers residents easy access to an array of attractions, dining options, and recreational facilities that define the Miami Beach lifestyle. Just a short walk from the building, residents can explore the iconic Española Way. This historic street, with its charming Mediterranean revival architecture, hosts a variety of restaurants, boutiques, and cafes. It's an excellent spot for al fresco dining or simply soaking in the lively South Beach atmosphere. Flamingo Park, a mere five-minute walk from Terrace East, serves as the neighborhood's green heart. This 36-acre public space offers an impressive array of recreational facilities, including tennis courts, a swimming pool, basketball courts, and a dog park. The park's expansive fields and jogging paths provide ample space for outdoor activities and exercise. Lincoln Road, one of South Beach's premier shopping and dining destinations, is within easy walking distance. This pedestrian mall stretches for several blocks and features a mix of national retailers, local boutiques, art galleries, and a wide variety of restaurants. It's an ideal spot for people-watching, enjoying a meal, or indulging in some retail therapy. Beach enthusiasts will appreciate the proximity to the famous South Beach shoreline, just a few blocks east of Terrace East. The white sands and turquoise waters of the Atlantic Ocean offer a perfect escape for sunbathing, swimming, or water sports. For daily necessities, residents have several options nearby. Whole Foods Market is about a 15-minute walk away, offering a wide selection of organic and gourmet items. For more budget-friendly options, there's a Publix Super Market within a mile of the building. Smaller local markets like Washington Food Plaza and Flamingo Supermarket are even closer, providing convenient options for quick grocery runs. The neighborhood also boasts a diverse dining scene. From the French-inspired sandwiches at La Sandwicherie to the classic American fare at 11th Street Diner, there's something to satisfy every palate. For those seeking international flavors, options like Alma Mexicana and Miami Mediterranean offer authentic cuisine within walking distance. Fitness enthusiasts have several gyms in the vicinity, including Crunch Fitness and PAL GYM Miami Beach, both within a 10-minute walk. These facilities provide ample opportunities for maintaining an active lifestyle beyond the outdoor activities available at nearby parks and beaches. Cultural attractions are also within reach. The Art Deco Historic District along Ocean Drive offers insights into the area's rich architectural heritage. These venues showcase the unique character and history of this world-famous beach destination. The Flamingo neighborhood's central location in South Beach means that residents of Terrace East Condo are never far from the action, whether it's nightlife, cultural events, or simply enjoying the unique ambiance of this vibrant coastal community.

Well-connected for car-free living

Terrace East Condo's location in South Beach offers residents excellent transportation options, making it easy to navigate the area with or without a car. The neighborhood's high walkability means that many daily errands and activities can be accomplished on foot, reducing the need for frequent transportation. For those who prefer public transit, several bus stops are conveniently located within a five-minute walk of the building. The Washington Av & 14 St stop, served by the City of Miami Beach Trolley - SoBeach line, is just steps away. A short distance further, the Washington Av & 13 St stop offers access to additional routes, including the Beach Max: Downtown-Aventura Mall line, the Miami Beach Airport Flyer, and the South Beach Loop. These bus lines provide connections to various parts of Miami Beach and beyond, making it easy to explore the wider Miami area. Cycling is a popular and practical option in South Beach, with its flat terrain and numerous bike lanes. Terrace East Condo's on-site bike storage facility makes it convenient for residents to own and use bicycles for transportation. For longer journeys or trips to the mainland, ride-sharing services and taxis are readily available in the area. The building's central location means wait times for these services are typically short. While many residents find they can manage without a car, those who do drive will appreciate the covered parking provided by Terrace East Condo. This amenity is particularly valuable in South Beach, where street parking can be challenging. Major roads like Collins Avenue and Washington Avenue provide easy access to other parts of Miami Beach, while the MacArthur Causeway connects to downtown Miami, about a 15-minute drive away. For air travel, Miami International Airport is approximately 16 miles away, typically a 30-minute drive depending on traffic. The Miami Beach Airport Flyer bus service provides a direct connection to the airport, making it possible to reach flight connections without a car. The combination of walkability, public transit options, and bicycle-friendly infrastructure makes Terrace East Condo an excellent choice for those seeking a car-optional lifestyle in the heart of South Beach. Whether commuting to work, running errands, or exploring the vibrant surroundings, residents have multiple convenient transportation options at their disposal.

Available Condos

Building Details

Amenities

  • Views
  • Clubhouse
  • Laundry Facilities
  • Bike Room
  • Card or Code Access
  • Gated Community
  • Complex Is Fenced

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • 1 Garage Space Per Unit
  • Assigned Parking
  • Unassigned Parking

Pet Policy

  • Breed Restrictions

Condo Association

  • $470 Monthly HOA Fees
  • Monthly HOA Fees Range from $438 - $667
  • Terrace East Condo
  • Terrace East Condo Subdivision

Building Design

  • Low-Rise Condominium
  • Trash Chute
  • Intercom to Front Desk
  • Elevator

Activity

Views

8

Unit Information

Unit
50
Beds
--
Baths
1 Bath
Sq Ft
435
Price
$310,000
Price / Sq Ft
$713 / Sq Ft
List Date
07/15/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
435
Est. Values
$142,841 - $228,446
1 Bedroom Units
Sq Ft Range
435 - 650
Est. Values
$196,675 - $346,008
2 Bedroom Units
Sq Ft Range
650 - 1,300
Est. Values
$256,006 - $569,582
All Units
Sq Ft Range
435 - 1,300
Est. Values
$142,841 - $569,582

Map

Area Factors

Very Bikeable

Bike Score®

79 / 100

Walker's Paradise

Walk Score®

97 / 100

Good Transit

Transit Score®

58 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

76 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$42.2K - $289K
Range of Taxes in Building
$276 - $4,321
Range of Taxes per Sq Ft
$0.42 - $6.56

Property Tax History

Source: Public Records

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