Terrace Towers, 3 Island Ave #07E

$899K5.6%
$849,000
1
Beds
1
Baths
851
SqFt
Status
OFF MARKETExpired
Parking
1
Size
851 SqFt (79 m2)
Price
$998/SqFt ($10,739/m2)
Type
Condo
Built
1962
HOA
$1,279/MO
MLS Number
A11744236
View
Bay, Intercoastal, Water
On Site
578 Days
Updated
379 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
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, Elevator
  • Equipment / Appliances: ElectricRange, Microwave, Refrigerator
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: Hardwood,Wood
  • Windows/Treatment: ImpactGlass
  • Year Built: 1962
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-02-14T16:53:23.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, CableTv, HotWater, Insurance, Internet, MaintenanceStructure, Parking, Pools, ReserveFund, Sewer, Security, Trash, Water
    • Taxes: 7458
    • Security Information: DoorMan, ElevatorSecured
    • Parking Description: OneSpace
    • Total Floors in Building: 15

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    Price History

    Current
    $849K
    High
    $899K
    Low
    $849K
    Total Change
    -5.6%
    $905K$874K$843KFeb 25Mar 25
    Date
    Event
    Price
    Change
    Price Per
    03/07/2025
    Price Reduced
    $849K
    -5.56%
    $998 ft2
    $10,739 m2
    02/12/2025
    Listed
    $899K
     
    $1,056 ft2
    $11,371 m2
    03/07/2025
    $849K
    Event
    Price Reduced
    Change
    -5.56%
    Price Per
    $998 ft2
    $10,739 m2
    02/12/2025
    $899K
    Event
    Listed
    Price Per
    $1,056 ft2
    $11,371 m2
    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 .

    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