Terrace Towers, 3 Island Ave #08A

$305K6.6%
$285,000
Studio
Beds
1
Baths
544
SqFt
Status
Sold - May 28, 2026
Parking
1
Size
544 SqFt (51 m2)
Price
$524/SqFt ($5,639/m2)
Type
Condo
Built
1962
HOA
$779/MO
MLS Number
A11931600
View
Bay,Other
On Site
272 Days
Updated
61 Days ago
Page Views
0
Amazing studio apartment featuring brand new high-quality vinyl flooring, abundant natural light, central A/C, and an assigned parking space. The open layout offers flexibility and comfort, with large windows that fill the space with sunshine throughout the day. The building offers convenient amenities including a pool, 24/7 security, and much more. Located across the street from the iconic Standard Hotel, this property is in the heart of Venetian Island, just steps from trendy restaurants, cafes, boutiques, and the beach. Enjoy the best of both worlds: a peaceful retreat with easy access to Miami Beach’s vibrant nightlife and cultural hotspots. Ideal for first-time buyers, investors, or those looking for a stylish getaway with easy access to all Miami Beach has to offer.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Other
  • View: Bay,Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel
  • Equipment / Appliances: ElectricRange, Refrigerator
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Vinyl
  • Year Built: 1962
  • Year Built Description: Effective Year Built
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-12-16T21:36:26.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Insurance, Internet, Parking, Pools, ReserveFund, Roof, Sewer, Security, Trash, Water
    • Taxes: 4175
    • Security Information: DoorMan, ElevatorSecured, SmokeDetectors
    • Parking Description: OneSpace
    • Total Floors in Building: 15

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    Price History

    Current
    $285K
    High
    $305K
    Low
    $285K
    Total Change
    -6.6%
    $307K$295K$283KDec 25Dec 25May 26
    Date
    Event
    Price
    Change
    Price Per
    05/28/2026
    Sold
    $285K
    0%
    $524 ft2
    $5,639 m2
    12/16/2025
    Price Reduced
    $285K
    -6.56%
    $524 ft2
    $5,639 m2
    12/16/2025
    Listed
    $305K
     
    $561 ft2
    $6,035 m2
    05/28/2026
    $285K
    Event
    Sold
    Change
    0%
    Price Per
    $524 ft2
    $5,639 m2
    12/16/2025
    $285K
    Event
    Price Reduced
    Change
    -6.56%
    Price Per
    $524 ft2
    $5,639 m2
    12/16/2025
    $305K
    Event
    Listed
    Price Per
    $561 ft2
    $6,035 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Marcelo NotarobertoNEXXOS REALTY LLC • 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