Terrace Towers, 3 Island Ave #06H

$635K5.5%
$600,000
1
Beds
1
Baths
859
SqFt
Status
Sold - Apr 09, 2026
Parking
1
Size
859 SqFt (80 m2)
Price
$698/SqFt ($7,519/m2)
Type
Condo
Built
1962
HOA
$1,211/MO
MLS Number
A11943791
View
Bay,City,Water
On Site
246 Days
Updated
18 Days ago
Page Views
0
A Morris Lapidus–designed icon, 3 Island Avenue embodies timeless sophistication and enduring architectural elegance. This premier one-bedroom residence offers sweeping, cinematic views of Biscayne Bay, Government Cut, and the glittering Miami skyline. Spanning approximately 900 square feet, the fully renovated home is offered turnkey with curated designer furnishings, featuring a brand-new kitchen, spa-inspired bath, and refined flooring throughout. The boutique waterfront building provides 24-hour doorman service, a bayfront pool, BBQ and entertaining areas, and a stunning sunset deck. Located just steps from the marina, cafés, gourmet markets, fitness studios, Lincoln Road, South Beach, and the Venetian Islands—this is elevated Miami living at its finest.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, StormSecurityShutters
  • View: Bay,City,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, TubShower
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Vinyl
  • Windows/Treatment: Blinds,Sliding
  • Year Built: 1962
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Fairchild; David
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2026-01-12T14:04:02.000-00:00
  • Directions: West
  • Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Internet, MaintenanceGrounds, Parking, PestControl, Pools, ReserveFund, Sewer, Trash, Water
  • Taxes: 7462
  • Security Information: ClosedCircuitCameras, DoorMan, KeyCardEntry, SmokeDetectors
  • Parking Description: Detached, Garage, TwoOrMoreSpaces
  • Total Floors in Building: 15
  • Total Units in Complex: 144

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Price History

Current
$600K
High
$635K
Low
$600K
Total Change
-5.5%
$639K$617K$596KJan 26Jan 26Apr 26
Date
Event
Price
Change
Price Per
04/09/2026
Sold
$600K
0%
$698 ft2
$7,519 m2
01/12/2026
Price Reduced
$600K
-5.5%
$698 ft2
$7,519 m2
01/12/2026
Listed
$635K
 
$739 ft2
$7,956 m2
04/09/2026
$600K
Event
Sold
Change
0%
Price Per
$698 ft2
$7,519 m2
01/12/2026
$600K
Event
Price Reduced
Change
-5.5%
Price Per
$698 ft2
$7,519 m2
01/12/2026
$635K
Event
Listed
Price Per
$739 ft2
$7,956 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by William HahneColdwell Banker Realty • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
68

100
Transit Score®
Some Transit. A few nearby public transportation options
35

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
76

100
Sound Score®
Very loud
72

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
Studio – 1 BR
Bedrooms
$350K – $850K
Price Tier
544 - 11,381
SqFt Range
1962
Year Build
15
Total Floors
140
Total Units

Subdivision Amenities

Barbecue
Bike Storage
Clubhouse
Elevators
Hobby Room
Laundry
Management
Pool
Trash

Miami Beach
High-End
High-End Homes & Condos