Terraces Homes for Sale

Terraces Condo is a luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $2,200,000 to $3,000,000. Pure Equity lists homes in Terraces and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Terraces and the Fort Lauderdale area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 Terraces Fort Lauderdale homes for sale as of October 2026. The median asking price is $2.6M. Asking prices run from $2.22M to $3.6M.

That is 274% above the Fort Lauderdale median of $695,000.

Listings here have averaged 168 days on the market. That tracks the Fort Lauderdale average of 144 days, so pricing and terms follow the wider city market.

Homes listed in Terraces date from 2026, so they are about 0 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Terraces has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $2.6M, Terraces sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Terraces price means in Florida closing terms. At $2.6M, a 20% down payment comes to about $520,000, leaving a loan near $2.08M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $7,280. Next, the intangible tax of 0.2% adds about $4,160. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Terraces median, that is about $18,200.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Terraces listings show assignments to Harbordale (elementary), Sunrise (middle) and Fort Lauderdale (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.