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All stats are year over year

Updated August 17, 2026 12:01PM EST

Echo Video

Days on MarketDOM

41Days | -11%
Echo Video

Active InventoryAI

4,590 Homes | -23%
Echo Video

Median Sales PriceMSP

$660,090 | 8%
Echo Video

New ListingsNL

1,433 Homes | -5%
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Closed SalesCS

1,336 Homes | 13%
Echo Video

Dollar VolumeDV

$1.7B | 42%
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Months of InventoryMOI

3.7 Months | -33%
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Pending SalesCS

1,264 Homes | 5%
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Greenwood Terrace

A subdivision of Virginia Gardens.

Total Homes : 26

Gated : No

Club Membership : No

No-Fee Community : No

Greenwood Terrace, Miami, FL Homes for Sale

LOCATION PRICE BEDS BATHS $/SQFT
LOCATION PRICE BEDS BATHS $/SQFT
6001 NW 40th St | Barcelona $790,000 3 2 $506 -
6040 NW 40th St | Greenwood Terr A $753,000 3 2 $494 -
6120 NW 40th St | Greenwood Terr A $650,000 3 1 $669 -

6001 NW 40th St | Barcelona

$790,000

3 beds, 2 baths, 1,583sqft, $506/sqft

6040 NW 40th St | Greenwood Terr A

$753,000

3 beds, 2 baths, 1,572sqft, $494/sqft

6120 NW 40th St | Greenwood Terr A

$650,000

3 beds, 1 baths, 962sqft, $669/sqft

Greenwood Terrace Map

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Discover the Lifestyle of Greenwood Terrace Homes

Greenwood Terrace is a small residential community in Miami, Florida, offering a quiet neighborhood setting with the convenience of living close to the city’s shopping, dining, schools, and entertainment. With just 26 homes, the community has an intimate feel where neighbors can enjoy a more peaceful atmosphere while remaining within easy reach of major roadways and everyday essentials.

Residents appreciate the accessibility to parks, local restaurants, retail centers, and employment hubs throughout Miami-Dade County. Whether you’re commuting to downtown Miami, heading to nearby beaches, or exploring the area’s cultural attractions, Greenwood Terrace provides a location that makes it easy to enjoy everything South Florida has to offer.

About Greenwood Terrace

Greenwood Terrace is a non-gated residential community located in Virginia Gardens, Miami, Florida. Comprising only 26 homes, the neighborhood offers a close-knit environment with limited through traffic, making it an appealing choice for buyers seeking a smaller community rather than a large master-planned development.

Homes in Greenwood Terrace typically feature private yards, off-street parking, and floor plans designed for comfortable everyday living. Buyers are often drawn to the neighborhood because it combines residential tranquility with convenient access to schools, shopping centers, healthcare facilities, and recreational destinations throughout Miami.

History of Greenwood Terrace

Greenwood Terrace developed as one of Miami’s smaller residential neighborhoods, contributing to the city’s diverse collection of established communities. Like many neighborhoods throughout Miami-Dade County, the area reflects the region’s steady residential growth as demand increased for conveniently located homes near major employment centers and transportation corridors.

Today, Greenwood Terrace continues to offer homeowners the benefits of an established neighborhood while remaining close to the ongoing development, business opportunities, and lifestyle amenities that make Miami one of South Florida’s most dynamic cities.

Amenities

Although Greenwood Terrace does not offer private gated amenities, residents enjoy convenient access to many nearby public attractions and services, including:

  • Non-gated residential community
  • 26-home neighborhood
  • Nearby neighborhood parks
  • Shopping centers and grocery stores
  • Local restaurants and cafés
  • Public and private schools
  • Healthcare facilities and medical centers
  • Easy access to major highways and commuter routes
  • Short drive to downtown Miami
  • Nearby cultural attractions, entertainment venues, and beaches

Key Details

Amenities

  • Non-gated community
  • Approximately 26 homes
  • Residential neighborhood streets
  • Nearby parks and recreation
  • Shopping and dining nearby
  • Convenient commuter location

Community Fees

  • HOA information may vary by property.
  • Buyers should verify current association fees, rules, and assessments during the purchase process.

Membership Information

  • No mandatory club or country club membership.
  • No private membership requirements associated with the community.

Nearby Communities

Westchester – A well-established Miami neighborhood offering a variety of single-family homes, parks, schools, and convenient shopping.

Coral Terrace – Located nearby, Coral Terrace features diverse residential options with excellent access to major roads, dining, and local amenities.

West Miami – A neighboring city known for its central location, community parks, local businesses, and easy access to downtown Miami and Coral Gables.

Work with Echo Fine Properties

If you’re interested in Greenwood Terrace, Miami, Florida homes for sale, the local experts at Echo Fine Properties are here to help. Whether you’re buying your first home, relocating, or searching for your next investment property, our knowledgeable team can guide you through every step of the process.

We can provide the latest Greenwood Terrace listings, arrange private showings, explain current market trends, and help you compare nearby communities to find the home that best fits your needs. Contact Echo Fine Properties today to begin your search for Greenwood Terrace homes for sale in Miami, Florida.

Greenwood Terrace Homes for Sale FAQs

What types of Greenwood Terrace homes for sale are available? 

Greenwood Terrace homes for sale primarily consist of single-family residences. Home styles, sizes, and features may vary, offering options for buyers seeking comfortable homes in an established Miami neighborhood. 

Is Greenwood Terrace a gated community? 

No. Greenwood Terrace is a non-gated community, providing an open neighborhood setting with residential streets and convenient access to surrounding areas. 

How large is Greenwood Terrace? 

Greenwood Terrace is a small community with approximately 26 homes. Its limited number of residences creates a more intimate neighborhood atmosphere compared to larger developments. 

What amenities are near Greenwood Terrace homes for sale? 

Residents have easy access to shopping centers, restaurants, parks, schools, healthcare facilities, and entertainment throughout Miami. Major highways also make commuting to other parts of Miami-Dade County convenient. 

Is Greenwood Terrace a good location for commuters? 

Yes. Greenwood Terrace benefits from its Miami location, providing convenient access to major roadways that connect residents to downtown Miami, Miami International Airport, employment centers, and surrounding communities. 

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