Terrace Towers, 3 Island Ave #08I

$1.5M5%
$1,449,888
2
Beds
2
Baths
1,494
SqFt
Status
OFF MARKETExpired
Parking
1
Size
1,494 SqFt (139 m2)
Price
$970/SqFt ($10,446/m2)
Type
Condo
Built
1962
HOA
$1,695/MO
MLS Number
A11884623
View
Bay,City
On Site
355 Days
Updated
323 Days ago
Page Views
0
Live in the most desirable line at 3 Island Avenue. This beautiful corner unit redefines luxury with its breathtaking views of Biscayne Bay and the Miami skyline. Immerse yourself in a world of contemporary design and lavish renovations. The open-concept living area seamlessly integrates sleek finishes, creating a space that complements the panoramic bay and skyline views from the corner balcony. The master bedroom offers breathtaking views, & a modern Bathroom with a walk in closet. The kitchen features top-of-the-line appliances, & custom Scavolini cabinetry. Located on beautiful Belle Isle, this address grants easy access to South Beach, fine dining, high-end shopping, & cultural experiences. The unobstructed bay and skyline views make this unit a rare gem in the luxury market.

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,City
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, ClosetCabinetry, DualSinks, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, TubShower, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, IceMaker, Microwave, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood,Other,Wood
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 1962
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Feinberg-Fisher K8
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2025-09-25T13:50:21.000-00:00
  • Directions: West
  • Pets Allowed: DogsOk,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Internet, MaintenanceGrounds, Parking, PestControl, Pools, Sewer, Security, Trash, Water
  • Taxes: 13715
  • Security Information: DoorMan, KeyCardEntry, LobbySecured
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 15
  • Total Units in Complex: 142

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Miami Beach, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-5%
$1.5M$1.5M$1.4MSep 25Oct 25
Date
Event
Price
Change
Price Per
10/27/2025
Price Reduced
$1.4M
-4.98%
$970 ft2
$10,446 m2
09/25/2025
Listed
$1.5M
 
$1,021 ft2
$10,994 m2
10/27/2025
$1.4M
Event
Price Reduced
Change
-4.98%
Price Per
$970 ft2
$10,446 m2
09/25/2025
$1.5M
Event
Listed
Price Per
$1,021 ft2
$10,994 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
MapStreet View

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear

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