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+4 photosLuxury estate — 415 NE 35th Terrace
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Open property magazine$7,000,000
415 NE 35th Terrace, FL 33137
FL, 33137
— bd · — ba · 2,350,000 sqft
Listed by Proxy Realty Group LLC
415 NE 35th Terrace, FL 33137
Listed by Proxy Realty Group LLC
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Estimated monthly payment
$547,556/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 $547,556/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: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesPrime Restaurant Opportunity | ±7,660 SF | High-End Condo-Hotel | Edgewater, MiamiRare opportunity to acquire a large-scale, vanilla-ready commercial restaurant space within The Edgewater Hotel, a premier condo-hotel development located at 415-435 NE 35th Terrace, Miami, FL 33137.This ±7,660 SF ground-level space is perfectly positioned for a high-end restaurant, lounge, and bar concept. The layout includes:Dedicated full-service kitchen areaBar-ready zone with ideal service flowSpacious dining and lounge seating areasStrong street visibility and direct access from the hotel lobby and porte-cochereThe space is delivered vanilla-ready, offering maximum flexibility for a new operator to customize finishes while benefiting from existing infrastructure designed for food & beverage use. Strategic adjacency to the hotel lobby, lounge, and retail components creates built-in foot traffic and synergy with hotel guests and condo-hotel residents.This is a turnkey platform for an established operator or investor seeking a flagship location in one of Miami’s hottest corridors — steps from the Design District, Wynwood, Midtown, and the waterfront.For more information, floor plans, or private showing, contact listing agent.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
115 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.)
≈ $547,556/mo
415 NE 35th Terrace, FL 33137 ·
Location
415 NE 35th Terrace, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 415 NE 35th Terrace, FL 33137?+
Property tax (after sale): $11,660/month est.; homeowners insurance: $499,575/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $511,235/month est. Principal and interest: $36,321/month; PMI: $0/month. Total for the payment scenario shown: $547,556/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 415 NE 35th Terrace, 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 415 NE 35th Terrace, FL 33137 need flood insurance, and what drives the premium?+
Most of South Florida 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 415 NE 35th Terrace, 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, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 415 NE 35th Terrace, FL 33137?+
This listing has been on the market 115 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
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
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$7,000,000 · MLS A12057549
$7,000,000
415 NE 35th Terrace