What is the asking price and what does it include?

The list price for 261 NW 73rd Ter, Miami FL 33150 is $1,290,000. The property is a property with 3 bedrooms, 2 bathrooms, approximately 1228 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 261 NW 73rd Ter, Miami FL 33150 in Miami, 33150. Coordinates are approximately 25.8428348, -80.2021501. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,290,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 261 NW 73rd Ter, Miami FL 33150.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

261 NW 73rd Ter, Miami FL 33150 | Miami-Dade County

Active

261 NW 73rd Ter, Miami FL 33150 | Miami-Dade County | A12023087

$1,290,000

Description

Prime opportunity for redevelopment in Miami’s urban core. Located within the first Transit -Oriented Development (TOD) Node designated under Miami’s TNSD ordinance-a landmark zoning milestone unlocking significant density bonuses for qualifying sites. This 7.500 SF lot zoned T5-R features existing 3 BD/2BA single family home with a new roof ready to hold while the surrondings corridor matures . Positioned at the forefront of Miami’s next wave of transit-driven growth .

Address

Open on Google Maps

Address: 73rd Ter
City: Miami
Zip/Postal Code: 33150

Details

Updated on June 8, 2026 at 6:11 am

Property ID A12023087
Price $1,290,000
Property Size 1228 Sq Ft
Bedrooms 3
Room 0
Bathrooms 2
Year Built 1955
Property Status Active

Additional details

StreetDirPrefix NW
LivingAreaUnits Square Feet
Flooring Terrazzo
PhotosCount 3
MIAMIRE_SubdivisionNumber 19
RoomBedroomFeatures Entry Level
ViewYN No
Cooling Central Air
MIAMIRE_NARRulesYN Yes
MIAMIRE_TypeofAssociation None
TaxExemptions Tax Reflects No Homestead Exemption
BuildingName LE BOCAGE REV PL
HeatingYN Yes
ListingKeyNumeric 486674097
MLSAreaMajor Le Bocage Rev Pl
TaxAnnualAmount 9494
BathroomsTotalDecimal 2
AssociationYN No
MlsStatus Active
StreetNumber 261
ListingKey 4654321b748ec2c5aa30dc0d0b40c240
MIAMIRE_PoolYN No
ElementarySchool Jesse J McCrary Jr.
MIAMIRE_AddressInternetDisplay 261 NW 73rd Ter
Roof Shingle
PoolPrivateYN No
ListingTerms All Cash
Possession Funding
WaterfrontYN No
BathroomsFull 2
SubdivisionName LE BOCAGE REV PL
Fencing Fenced
InternetAddressDisplayYN Yes
WaterSource Municipal Water
MIAMIRE_Restrictions No Restrictions, Ok To Lease
StreetNumberNumeric 261
MIAMIRE_MunicipalCode 1
ParkingFeatures Driveway, Paver Block
PostalCodePlus4 3432
Heating Central
MIAMIRE_Area 31
StructureType R30-No Pool/No Water, House
ListingAgreement Exclusive Agency
ListingId A12023087
CommunityFeatures Paved Road
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
TaxYear 2025
DirectionFaces North
ConstructionMaterials CBS Construction
MIAMIRE_SubdivisionInformation Paved Road
InternetConsumerCommentYN Yes
BuildingAreaTotal 1264
CoolingYN Yes
CarportSpaces 0
LotSizeUnits Square Feet
GarageYN No
MIAMIRE_AdjustedAreaSF 1225
ListingContractDate 2026-05-21
Zoning 4600
StateOrProvince FL
CoveredSpaces 0
MiddleOrJuniorSchool Horace Mann
View None
SignOnPropertyYN No
YearBuiltDetails Resale
HighSchool Miami Edison
IDXParticipationYN Yes
MIAMIRE_ForLeaseYN No
HorseYN No
OpenParkingYN Yes
LeasableAreaUnits Square Feet
BathroomsHalf 0
RoomLivingRoomFeatures Other
Sewer Public Sewer
SyndicationRemarks Prime opportunity for redevelopment in Miami's urban core. Located within the first Transit -Oriented Development (TOD) Node designated under Miami's TNSD ordinance-a landmark zoning milestone unlocking significant density bonuses for qualifying sites. This 7.500 SF lot zoned T5-R features existing 3 BD/2BA single family home with a new roof ready to hold while the surrondings corridor matures . Positioned at the forefront of Miami's next wave of transit-driven growth .
MIAMIRE_LPAmtSqFt 1050.4886
MIAMIRE_FloodZone X
NewConstructionYN No
GarageSpaces 0
LotFeatures Less Than 1/4 Acre Lot
MIAMIRE_OkToAdvertiseList Yes - Attribution Required (Agent and Office)
MIAMIRE_Style R30-No Pool/No Water
LotSizeSquareFeet 7500
Electric Circuit Breakers
ArchitecturalStyle Attached, One Story
MIAMIRE_MembershipPurchRqdYN No
UnparsedAddress 261 NW 73rd Ter, Miami FL 33150
MIAMIRE_Blogging Yes
FeedTypes IDX