Terra Lake Villas is a townhouse-style condominium community built in 1988 in the Kendale Lakes area of Miami, near the 6100-6400 blocks of SW 129th Place and SW 130th Avenue, with 231 units in one- and two-story configurations. Units range from about 1,100 to 1,355 square feet in two- and three-bedroom layouts. The community offers a clubhouse, pool, and tennis courts. Recent resales have spanned from roughly $50,000 to $390,000, with limited turnover of about two sales in the past year and typical time on market around 121 days.
This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.
Get the full Intelligence Report — $9.99Publicly reported association fees at Terra Lake Villas are approximately $333/mo, covering common area maintenance, grounds maintenance, building maintenance, roof repair/replacement, community pool, security, property insurance, trash removal, sewer, parking, recreation facilities. Buyers should verify the current fee schedule for the specific unit with the association.
Recent listings at Terra Lake Villas range around $50,000-$390,000, with about 2 units actively for sale as of the last research date.
Publicly reported pet policy: pets allowed for owners and tenants, size/breed limits may apply. Confirm current rules with the association before purchasing.
Terra Lake Villas was built in approximately 1988 with 231 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Miami: Star Lakes Estates · Point East One · Jockey Club I · Ocean Point Condominium · The Presidential · All Miami condos