1475 Terra Towers Homes for Sale

1475 Terra Towers is a residential community in North Miami, Florida.

Pure Equity Realty covers 1475 Terra Towers and the North Miami 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 a single listing for 1475 Terra Towers North Miami homes for sale as of October 2026. The median asking price is $200,000.

That is 47% below the North Miami median of $375,000. On a per-foot basis, homes here ask about $183 per square foot, compared with $281 across North Miami. So the median price buys roughly 1,100 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 146 days on the market. That tracks the North Miami average of 148 days, so pricing and terms follow the wider city market.

Homes listed in 1475 Terra Towers date from 1968, so they are about 58 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

1475 Terra Towers is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in 1475 Terra Towers have a median asking rent of $1,622 per month, across 2 active rental listings. For comparison, the North Miami median is $2,400, so rents here run 32% lower.

You can browse current North Miami rentals or ask us for a rent estimate on a specific 1475 Terra Towers home.

Here is what the median 1475 Terra Towers price means in Florida closing terms. At $200,000, a 20% down payment comes to about $40,000, leaving a loan near $160,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $560. Next, the intangible tax of 0.2% adds about $320. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $1,199 at this price. Condos and other property types pay a higher rate.

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 1475 Terra Towers listings show assignments to David Lawrence Jr. K-8 (elementary), North Miami (middle) and Alonzo and Tracy Mourning (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.