Terrace Towers, 3 Island Ave #07E, Miami Beach, FL 33139

899,000(-5.56% )
$849,000Price
1Beds
1Baths
851SqFt

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Details

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Status:
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Parking: 1
Size: 851 ft2 / 79 m2
Price: $998 ft2 / $10,739 m2
Built: 1962
HOA: $1,279/MO
MLS Number: A11744236
View: Bay, Intercoastal, Water
On Site: 49 Days
Updated: 6 Days ago
Page Views: 0
Don't miss this exceptional opportunity! Fully renovated, this spacious one-bedroom condo offers unobstructed water views of biscayne bay and the stunning miami skyline. Located in the heart of south beach on sought-after belle isle, the unit features modern designer touches, tile floors, a walk-in shower, ample closet space, and a flood of natural light throughout the day. Enjoy breathtaking sunsets from your expansive balcony or relax by the pool overlooking the bay. Just a short walk from sunset harbour’s boutiques, restaurants, and lincoln road. This luxury waterfront building, designed by famed architect morris lapidus, includes 24-hour concierge service, covered reserved parking, a bbq area, and more. Available turnkey furnished making it an ideal investment or vacation home.

Features

Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony,Courtyard
View: Bay, Intercoastal, Water

Price History

03/07/2025

Date

Price Reduced

Event

$849K

Price

-5.56%

Change Rate

$998 ft2 / $10,739 m2

Price Per

02/12/2025

Date

Listed

Event

$899K

Price

$1,056 ft2 / $11,371 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Juan LealAlux Properties • Buyer Agency Compensation .

Instant Comparative Market Analysis

$400/ft²
$600/ft²
$900/ft²
$1,100/ft²

Unit #07E – Asking

$998/ft²

(+38%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$721/ft²
Community $/Price Range (Closed) $524/ft² – $979/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 06G1/1859$974WestBay$837,00012/20/2024
# 03L1/1858$524WestGarden$450,0006/7/2024
# 071/1859$664WestBay, City$570,0009/5/2023
Unit: # 06G
Bed/Bath: 1/1Size SqFt: 859$/SqFt: $974Exposure: WestView: BaySold: $837,000Closed Date: 12/20/2024
Unit: # 03L
Bed/Bath: 1/1Size SqFt: 858$/SqFt: $524Exposure: WestView: GardenSold: $450,000Closed Date: 6/7/2024
Unit: # 07
Bed/Bath: 1/1Size SqFt: 859$/SqFt: $664Exposure: WestView: Bay, CitySold: $570,000Closed Date: 9/5/2023
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