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+26 photosGated community home — 460 NE 50th Terrace · Bayshore Plaza · Miami
South Florida Luxury Living
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Open property magazine$4,500,000
460 NE 50th Terrace, Miami, FL 33137
Miami, FL, 33137
4 bd · 5 ba · 3,033 sqft
Listed by Fortune International Realty
460 NE 50th Terrace, Miami, FL 33137
Listed by Fortune International Realty
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Estimated monthly payment
$31,850/mo
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 $31,850/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesBeautifully remodeled 3,307 sf MIMO gem located on an elevated double lot (17,500 sq ft lot (no flooding ever) in gated Morningside. Designed for those who appreciate architecture, craftsmanship, and serenity, this single-story estate blends timeless elegance with modern upgrades throughout. Property surrounding by 10 foot high hedges making it very private from street with spectacular views from indoors. Home has four(4) bedrooms each ensuite with custom California closets/storage, central courtyard pool (salt water system) with outdoor shower and half bath for entertainment, large covered outdoor kitchen fully stocked with refrigerator, sink, high end BBQ, pool side storage room, double car garage w/ storage loft. Additional features include: new large extra wide impact glass panels, windows & doors, 8 year old barrel tile roof with lifetime warranty, exquisite new custom chefs kitchen w/ an island & picture windows w/ panoramic views of the east garden as well as a very large butlers’ pantry (with additional extra refrigerator and dishwasher), solid light colored oak & travertine floors in kitchen and pantry, volume ceilings, recessed lighting throughout, refinished walls, oversized solid wood baseboards, custom high wooden doors throughout, modern sleek AC vents with 2 central AC systems divided between bedrooms and common areas, indoor/outdoor surround sound system, fireplace, all new electrical, all new plumbing, , home water filtration system, inground well for property wide irrigation system, outdoor garden lighting, large east & west yards w/ tropical gardens (mango trees, staghorn ferns, mature Poinciana trees), covered parking, large space for 5 vehicles. Garage has two washing machines, two dryers and a third freezer (in addition to 2 full refrigerators in kitchen/pantry) Exterior walls of home were all newly resurfaced. Secure property fully walled and gated for backyard access. Property sits on elevated plain so never floods and no insurance required!Located minutes from Miami’s premier private schools — including Cushman School, Miami Country Day, St. Stephen’s Episcopal, and Ransom Everglades Lower School — this home offers unmatched convenience for families seeking top-tier education within a secure, historic neighborhood.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
96 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $31,850/mo
460 NE 50th Terrace, Miami, FL 33137 · Miami
Location
460 NE 50th Terrace, Miami, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 460 NE 50th Terrace, Miami, FL 33137?+
Property tax (after sale): $7,495/month est.; homeowners insurance: $1,005/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $8,500/month est. Principal and interest: $23,350/month; PMI: $0/month. Total for the payment scenario shown: $31,850/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 460 NE 50th Terrace, Miami, FL 33137?+
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 460 NE 50th Terrace, Miami, FL 33137 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 460 NE 50th Terrace, Miami, FL 33137?+
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.
What extra costs come with the pool at 460 NE 50th Terrace, Miami, FL 33137?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 460 NE 50th Terrace, Miami, FL 33137?+
This listing has been on the market 96 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
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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?
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