Terrace Towers, 3 Island Ave #08G

$669K3%
$649,000
1
Beds
1
Baths
859
SqFt
Status
Sold - Jun 20, 2025
Parking
1
Size
859 SqFt (80 m2)
Price
$756/SqFt ($8,133/m2)
Type
Condo
Built
1962
HOA
$1,292/MO
MLS Number
A11773379
View
Bay, City, Intercoastal, Water
On Site
534 Days
Updated
19 Days ago
Page Views
0
Priced to sell! This tastefully renovated 1-bed/1-bath offers stunning skyline views along with both sunrise and sunset panoramas over the bay. Located just steps from Sunset Harbour, Lincoln Road, and The Standard Hotel, this residence sits in an iconic Morris Lapidus-designed building—an architectural masterpiece. Move-in ready and turnkey, the full-service building features a concierge, resort-style pool, BBQ area, and community lounge. Includes one assigned parking space. A rare opportunity in an unbeatable location—easy to show!

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, EnclosedPorch, Porch, Patio
  • View: Bay, City, Intercoastal, Water
Interior, Heating and Cooling
  • Interior Features: Bidet, BuiltInFeatures, BedroomOnMainLevel, EatInKitchen, Other, Pantry, ShowerOnly, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator, SelfCleaningOven
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: Other,Terrazzo
  • Windows/Treatment: ImpactGlass
  • Year Built: 1962
  • Year Built Description: Resale
  • Style: HighRise,Other
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: North Beach
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2025-03-30T12:11:58.000-00:00
  • Pets Allowed: CatsOk,Yes
Taxes, Fees & More
  • Maintenance Includes: Amenities, CommonAreas, CableTv, Internet, Pools, Sewer, Trash, Water
  • Taxes: 9312
  • Security Information: DoorMan,LobbySecured
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 16

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Price History

Current
$649K
High
$669K
Low
$649K
Total Change
-3%
$671K$659K$647KMar 25Apr 25Apr 25Jun 25
Date
Event
Price
Change
Price Per
06/20/2025
Sold
$649K
0%
$756 ft2
$8,133 m2
04/23/2025
Price Reduced
$649K
-1.52%
$756 ft2
$8,133 m2
04/23/2025
Price Reduced
$659K
-1.49%
$767 ft2
$8,258 m2
03/29/2025
Listed
$669K
 
$779 ft2
$8,383 m2
06/20/2025
$649K
Event
Sold
Change
0%
Price Per
$756 ft2
$8,133 m2
04/23/2025
$649K
Event
Price Reduced
Change
-1.52%
Price Per
$756 ft2
$8,133 m2
04/23/2025
$659K
Event
Price Reduced
Change
-1.49%
Price Per
$767 ft2
$8,258 m2
03/29/2025
$669K
Event
Listed
Price Per
$779 ft2
$8,383 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Chase CursonColdwell 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