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  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 900 Sq Ft
  • Area Size
Active Residential
10801 SW 109th Ct # D305, Miami FL 33176 | Miami-Dade County | A12106275
  • $245,000

Description

FANNIE MAE–APPROVED CONDOMINIUM! FINANCING WITH AS LITTLE AS 5% DOWN! Excellent opportunity for homeowners! This spacious 2-bedroom, 2-bathroom condo features a functional open layout with tile flooring throughout, updated bathrooms, and two oversized balconies offering additional outdoor living space. Enjoy community amenities including a swimming pool, tennis court, clubhouse, and playground. One assigned parking space plus ample guest parking. Convenient laundry facilities on every floor. The association fee includes water, sewer, trash, and exterior insurance. No current special assessments and 10% reserves. Ideally located directly across from Miami Dade College and within walking distance of public transportation, restaurants, convenience stores, and everyday essentials. No rental restrictions, offering excellent flexibility for investors too! MOTIVATED SELLER, will CONTRIBUTE $5,000 toward buyer’s closing costs or use for interest rate buydown. Unit is vacant and easy to show. Don’t miss this opportunity!

Property Overview

This 2-bedroom, 2-bath condo at The Terraces offers 900 square feet of living space with tile flooring and two updated bathrooms. The unit features an open layout and includes two oversized balconies for outdoor access. Located in a building constructed in 1971, the property comes with one assigned parking space and access to on-site amenities such as a swimming pool, tennis court, clubhouse, and playground. Laundry facilities are available on every floor, and the monthly HOA fee of $477 covers water, sewer, trash, and exterior insurance. Priced at $245,000, this unit is Fannie Mae-approved, allowing financing options with as little as 5% down. The location is across from Miami Dade College and within walking distance of public transportation, restaurants, and convenience stores. The association has no rental restrictions, providing flexibility for owner-occupants or investors. The unit is currently vacant. For specific details regarding the seller’s proposed contribution toward closing costs or interest rate buydown, please call 305-859-4733.

Frequently Asked Questions

What are the basic details of this condo?

This is a 2-bedroom, 2-bathroom condo located at 10801 SW 109th Ct # D305, Miami, FL 33176. The unit features 900 square feet of living space, tile flooring throughout, updated bathrooms, and two oversized balconies. The building was built in 1971.

What amenities and parking options are available?

Residents have access to a swimming pool, tennis court, clubhouse, and playground. The unit includes one assigned parking space, and the property offers ample guest parking. Laundry facilities are located on every floor.

Are there any financing advantages or buyer concessions?

The condominium is Fannie Mae-approved, allowing financing with as little as 5% down. The seller will contribute $5,000 toward the buyer’s closing costs or use the funds for an interest rate buydown.

What is the rental policy for this building?

There are no rental restrictions, which offers flexibility for both owner-occupants and investors.

How convenient is the location for daily needs?

The property is located directly across from Miami Dade College and within walking distance of public transportation, restaurants, and convenience stores.

Monthly Fees & Carrying Costs

Association Fee $477 / month
Total Monthly Fees $477 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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This listing is courtesy of Fortune Christie's Intl R.E..

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Address

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  • Address: 109th Ct
  • City: Miami
  • Zip/Postal Code: 33176

Details

Updated on October 19, 2026 at 7:37 pm
  • Property ID A12106275
  • Price $245,000
  • Property Size 900 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Year Built 1971
  • Property Status Active, Residential

Additional details

  • View Garden View, None
  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Tile
  • Unit Floor 3
  • High School Miami Killian
  • Unit Number D305
  • Building The Terraces
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional
  • Area The Terraces Condo Ph Ii
  • Total Stories 4
  • Waterfront No
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 1-4 Stories
  • Private Pool No
  • Structure Type Condo 1-4 Stories, Condo
  • Association Fee 477
  • Parking 1 Space, Additional Spaces Available, No Rv/Boats
  • Subdivision THE TERRACES CONDO PH II
  • Annual Tax 637
  • Year Built Details Resale
  • Building Area 900
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Attached Yes
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Amenities Laundry, Elevator(s), Exterior Lighting, Pool, Tennis Court(s)
  • Restrictions Okay To Lease 1st Year
  • Middle School Arvida
  • Construction CBS Construction
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Membership Purchase Required No

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