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4000 Towerside Ter, Unit 1712
+59 more
$350K

The Towers of Quayside Co Unit 1712

4000 Towerside Ter, Unit 1712 • Miami, FL 33138

at The Towers of Quayside Co

Beds
2
Baths
2
Living Area
1,469 SF
Price / SF
$238
HOA / Monthly
$1,899
Days on Market
56
Insider Price
$331,345

About This Unit

2BR/2BA condo offered at $350,000, with the option to purchase assigned boat slip #9 for an additional $50,000. Enjoy a beautiful wrap-around porch with sweeping views of Biscayne Bay—perfect for morning coffee or sunset evenings. The unit features hurricane impact shutters for added peace of mind, 2 Assigned Parking Spaces! Whether you’re boating, relaxing, or entertaining, this property delivers the South Florida lifestyle at its best. Resort-Style Amenities, Full-service spa and state-of-the-art fitness center with adult & children’s classes, 7 tennis courts, 2 pickleball courts, and 2 racquetball courts, Marina, direct bay access, Residents-only waterfront restaurant & bar, Café at the spa, playground & dog park, Golf just ½ mile away at Miami Shores Country Club. Unbeatable Location, centrally located with easy access to MIA Airport, beaches, Design District, Wynwood, South Beach, Bal Harbour, and Aventura—all just minutes away. This is more than a home—it’s a lifestyle of waterfront living, privacy, and world-class amenities in the heart of Miami.

Pricing at The Towers of Quayside Co — $238/sqft
At $238/sqft, The Towers of Quayside Co Unit 1712 is priced at the low end of the building — only 13% of active 2BRs ask less per sqft.
The Towers of Quayside Co Unit 1712 vs Active Listings at The Towers of Quayside Co: This condo is -12.7% lower ($35/less per sqft) than the building's active 2BR median of $273/sqft, based on 16 active 2BRs.
The Towers of Quayside Co Unit 1712 vs Recent Sold Listings at The Towers of Quayside Co: This unit is -2.8% lower ($7/less per sqft) than recent 2BR sales (median $245/sqft, based on 11 sales over 9 months).
Rank: This unit's $/sqft is higher than 13% of currently-active 2BR units at The Towers of Quayside Co (sample of 16).
Insider Negotiation Strategy: 2BR units at The Towers of Quayside Co typically close at 94.7% of asking. At that ratio, this unit could plausibly trade around $331,345.
Based on live MIAMIRE active & closed listings at The Towers of Quayside Co.
Time on Market — 56 days
The Towers of Quayside Co Unit 1712 is around the building's typical pace.
This unit's 56 days on the market is 1 day shorter than the active 2BR median of 57 days (-1.8%).
Inventory position: 44th percentile for 2BRs currently active at this building.
Price History
Originally listed at $400,000. Reduced to $350,000 on Mar 31, 2026 (after 40 days on market) — -12.5% (−$50,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,901
HOA
$1,899
Property Tax
$469
Total / mo
$4,269
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.61%. HOA $1.29/sqft · All-in $2.91/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at The Towers of Quayside Co

UnitListSqft$/sqftDOM
#— — 1,268 $390 177
#— — 1,456 $258 91
#— — 1,469 $326 161
#— — 1,474 $224 49
#— — 1,268 $425 49

Recent Closed 2BR Sales

ClosedUnitSold$/sqftvs List
2025-08-12 #— $410,000 $279 —
2025-08-20 #— $285,000 $245 —
2025-08-28 #— $355,000 $280 —
2025-10-15 #— $284,000 $224 —
2025-11-18 #— $350,000 $276 —
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1982 (44 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Apr 1982 for $272,000 — held 44 years. They’re now asking $350,000 — +28.7% (+$78,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Apr 1982 $272,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.3909% of the building’s common elements. County living area: 1,469 sqft.
Unit: 1712
Year Built: 1982
Stories: 25
City: Miami
Postal Code: 33138
HOA Fee: $1,899 / Monthly
View: Bay
Waterfront: Yes
Private Pool: No
Heating: None
Cooling: Central Air
Days on Market: 56
Listed: February 20, 2026
MLS #: A11968777

Location

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Email About This Unit
Listing courtesy of: Keller Williams Eagle Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11968777 • Updated Apr 17, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at The Towers of Quayside Co. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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