1 / 44
+39 photosLuxury home — 1150 NE 205TH Terrace · Lucky Star Estates · Miami
South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 1150 NE 205TH Terrace, Miami, FL 33179
Dedicated to you and your family.
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance. Sign in or create a free account and the same edition is rewritten around your household — the schools your children would attend, the boat you keep, the routes you actually drive.
Open property magazine$549,700
1150 NE 205TH Terrace, Miami, FL 33179
Miami, FL, 33179
Listed by Home Sold Realty LLC
1150 NE 205TH Terrace, Miami, FL 33179
Listed by Home Sold Realty LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Conforming loan
Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $2,852/mo
- Property tax (after sale) est.
- $784/mo
- Homeowners insurance est.
- $254/mo
- HOA
- $0/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
1150 NE 205TH Terrace, Miami, FL 33179
Estimated cash to close est.
$124,781.15
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $439,760.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$124,781.15
- Down payment est.
- $109,940.00
- Mortgage note documentary stamps est.
- $1,539.30
- Mortgage intangible tax est.
- $879.52
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Owner’s title insurance est.
- $2,824.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $1,567.33
- Insurance escrow (2 months) est.
- $508.00
- First-year insurance premium est.
- $3,048.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $254 / month
Source: FEMA National Flood Hazard Layer · Date checked: Oct 26, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Oct 26, 2026
- Roof type
- Shingle
- Roof year
- Not provided —
- Impact windows / doors
- Not provided —
- Shutters
- Accordion Shutters (Partial), Storm Shutters
- Window features
- Accordion Shutters (Partial), Storm Shutters
- Year built
- 1963
Homeowners insurance: $254 / month est.
- Annual premium est.
- $2,743
- Fees & taxes est.
- $305
- Annual total est.
- $3,048
- Likely range est.
- $2,591–$3,657
- Dwelling coverage est.
- $317,460
- Other structures est.
- $6,349
- Personal property est.
- $63,492
- Loss of use est.
- $31,746
- Hurricane deductible (2%) est.
- $6,349
Based on the listing: 1,221 sq ft · built 1963 · one story · impact windows / shutters.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · inland rating band · roof 6–15 years old · gable roof · standard finish · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homes• Spacious 3-Bedroom, 2-Bath Split Floor Plan • Fresh Interior & Exterior Paint • Luxury Vinyl Plank Flooring • New Stainless Steel Appliances • Private Screened Lanai & Beautiful Backyard • Excellent, Convenient Location Your Florida sunshine story starts here! Welcome to this inviting 3-bedroom, 2-bath Ranch, freshly painted inside and out and conveniently located just minutes from Aventura, with easy access to shopping, dining, I-95 and US 441. Offering comfortable living spaces, thoughtful updates and a beautiful private backyard, this home is ready for you to enjoy! Step inside to discover a spacious, open split-bedroom floor plan designed for everyday comfort and entertaining. Luxury vinyl plank flooring flows throughout the main living and wet areas, complemented by hand-troweled ceilings, new lighting and ceiling fans. Central air conditioning provides year-round comfort, while the kitchen features new stainless steel appliances. Every square foot is functional and inviting! The primary suite offers a relaxing retreat with a walk-in closet and private bathroom featuring an updated shower with glass doors. Two generously sized guest bedrooms are thoughtfully situated on the opposite side of the home, along with two linen closets and a guest bathroom featuring a tub/shower combination. Soft carpeting adds comfort to all three bedrooms. Outdoor living is where this home truly shines! Step through the sliding glass doors onto your screened lanai, perfect for morning coffee, relaxing afternoons or gathering with family and friends. Beyond the lanai, mature trees and beautiful landscaping combine with privacy fencing along the rear and left side of the yard to create a wonderfully secluded backyard setting. It's the perfect place to soak up the Florida sunshine! Additional features include installed hurricane shutters, window treatments in the living room and on the sliding doors leading to the lanai, a convenient side-entry garage, and an included washer and dryer. With its fresh updates, comfortable layout, private outdoor living and excellent location minutes from Aventura, this home offers a wonderful opportunity to enjoy the best of South Florida living. Come see it, picture yourself here and start your next chapter in the sunshine! *Some photos have been virtually staged*
Property Details
Dogs
Welcome per listing rules
Cats
Welcome per listing rules
1150 NE 205TH Terrace, Miami, FL 33179 · Miami
Location
1150 NE 205TH Terrace, Miami, FL 33179
What buyers ask about this home
What are the estimated monthly carrying costs at 1150 NE 205TH Terrace, Miami, FL 33179?+
Property tax (after sale): $784/month est.; homeowners insurance: $254/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,038/month est. Principal and interest: $2,852/month; PMI: $0/month. Total for the payment scenario shown: $3,890/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1150 NE 205TH Terrace, Miami, FL 33179?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1150 NE 205TH Terrace, Miami, FL 33179 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1150 NE 205TH Terrace, Miami, FL 33179?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1150 NE 205TH Terrace, Miami, FL 33179?+
This listing has been on the market 5 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Madie Ives K-8 Preparatory Academy
Elementary · 0.3 mi from this home · 20770 Ne 14Th Ave, North Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Bridgeprep Academy Of North Miami Beach
Elementary · Charter · Grades PK–8 · North Miami Beach
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Yeshiva Toras Chaim Toras Emes Rohr Middle School
Middle school · Private · Jewish · Grades 6–8 · North Miami Beach
Sports Leadership And Management (Slam) Middle School - Nor
Middle school · Charter · Grades 6–8 · North Miami Beach
Sports Leadership Arts Management Charter High School (Nort
High school · Charter · Grades 9–12 · North Miami Beach
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Closed sales in the last 12 months, newest first — single-family homes only. Tap a home for its photos and sale facts.
Loading nearby sales…
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$549,700 · MLS B26090966
$549,700
1150 NE 205TH Terrace
20431 NE 14th Court, Miami, FL 33179
Listed by Elite Realty Partners, Inc.
MALVINA PARK
3 bd · 2 ba · 1,765 sq ft
$560,900
View details250 NE 212th Street, Miami, FL 33179
Listed by LPT Realty, LLC
SAN SIMEON HOMES
3 bd · 4 ba · 2,161 sq ft
$509,999
View details808 NE 191st Street, Miami, FL 33179
Listed by K & A Realty
CHAMPION LAKES
4 bd · 3 ba · 2,361 sq ft
$850,000
View details1930 NE 197th Terrace, Miami, FL 33179
Listed by Compass Florida, LLC
HIGHLAND WOODS SEC 4
6 bd · 7 ba
$1,800,000
View details862 NE 82nd Street, Miami, FL 33138
Listed by Canvas Real Estate
SHORECREST
5 bd · 4 ba · 2,530 sq ft
$1,300,000
View details5635 SW 5th Terrace, Miami, FL 33134
Listed by Moyal Capital Investments LLC
TAMIAMI HIGHLANDS
4 bd · 2 ba · 1,443 sq ft
$819,000
View details