1051 SW 1st St · Miami, FL 33130 · Downtown

Miramar Terrace

4-story low-rise, completed 1974, 59 residences in Downtown. 1 for sale on Nov 2, 2026.

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At a glance Miramar Terrace (1051 SW 1st St, Downtown) is a 4-story, 59-unit building completed in 1974. As of Nov 2, 2026, 1 unit is for sale and none for rent; the median closed price was $285 per square foot over 4 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
1
For rent
0
Median $/SF
$2854 sales · 12 mo
Sold
4last 12 months
Built
1974
Floors
4
Residences
59county
Flood zone
AEFEMA
Owner-occupied
31%
Avg. unit
728sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Miramar Terrace.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33130

The read on Miramar Terrace.

Activity as of Nov 2, 2026
  • Resale -16%. The median closed price moved from $339/SF in 2025 (3 sales) to $285/SF in 2026 (4 sales), the first and last years with three or more recorded sales.
  • Sells in a median 89 days. Days on market across the 4 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #94 of 584 · highest sales turnover11.9% of units sold in 24 months · n 7 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 11 facts, every figure from the MLS and county record

Miramar Terrace is a low-rise condominium of four floors at 1051 SW 1st St in Downtown, built in 1974. County folio records count 59 residences, averaging 728 SF of living area.

One unit was for sale on November 2, 2026, asking $215K (that is $305/SF). Four sales closed between November 2, 2025 and November 2, 2026, from $139K to $228K, a median $285/SF, after a median 89 days on the market. In the 12 months before that, three sales closed at a median $339/SF, so the median fell 16%. That 12-month median ranks 46th of the 47 Downtown buildings with at least three sales in the same window. Two-bedrooms made up four of the 7 sales in the last 24 months, at a median $234,000.

Two leases were signed over the same 12 months, at $1,750 and $2,000 a month.

County records show 31% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1051 SW 1st St, Miami 33130
Neighborhood
Downtown
Year built
1974
Floors
4
Residences (county-verified)
59
Owner-occupied
31% of residences
Avg. unit size
728 sq ft
Total living area
42,955 sq ft
County condo folios
59
Recorded MLS listings
29
Also recorded as
30 SW 11th Ave

The numbers at Miramar Terrace.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2021 to 2026. Count in the tooltip.

$178$356$2392021$1942022$3562023$3392025$2852026$178$356$2392021$1942022$3562023$3392025$2852026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)4$2852$1,875/mo*
20253$3395$1,950/mo
2024––2$2,025/mo*
20232$356*––
20222$194*––
20212$239*3$1,500/mo
2020––2$1,475/mo*
2019––1$1,300/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 13 sales · 15 leases on record since 2021

Closed sales Nov 2, 2024 to Nov 2, 2026 · 7

UnitBDBASFAskedClosed$/SFClose dateDOM
40121.5706$232,000$228,000$323Jul 24, 202641
411.5723$181,000$181,000$250Apr 30, 2026192
11011707$137,750$138,500$196Mar 16, 202690
30321.5706$239,000$225,000$319Jan 22, 202688
21121.5706$269,900$255,000$361May 16, 202578
20521.5707$260,000$240,000$339Feb 5, 20251
911.5723$199,000$229,000$317Jan 29, 2025186

Leases signed Nov 2, 2025 to Nov 2, 2026 · 2

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
20721766$2,000/mo$2,000/mo$2.61May 1, 202659
21211708$1,750/mo$1,750/mo$2.47Apr 30, 202634

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Miramar Terrace.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 9 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2004

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1974 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Miramar Terrace

5 more nearby

Compare with the two nearest →Every Downtown building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Miramar Terrace's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Miramar Terrace lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group