Terrace Towers, 3 Island Ave #08I

$1.5M9.7%
$1,350,000
2
Beds
2
Baths
1,381
SqFt
Status
Sold - Sep 04, 2026
Parking
1
Size
1,381 SqFt (128 m2)
Price
$978/SqFt ($10,522/m2)
Type
Condo
Built
1962
HOA
$1,830/MO
MLS Number
A12016502
View
Bay,City,Water
On Site
127 Days
Updated
10 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,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, DualSinks, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, TubShower, Elevator
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • 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: 2026-05-11T11:25:00.000-00:00
  • Directions: West
  • Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Trash, Water
  • Taxes: 18000
  • Security Information: ClosedCircuitCameras, DoorMan, LobbySecured, SmokeDetectors
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 15
  • Total Units in Complex: 144

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Price History

Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-9.7%
$1.5M$1.4M$1.3MMay 26May 26Sep 26
Date
Event
Price
Change
Price Per
09/04/2026
Sold
$1.4M
0%
$978 ft2
$10,522 m2
05/11/2026
Price Reduced
$1.4M
-9.7%
$978 ft2
$10,522 m2
05/11/2026
Listed
$1.5M
 
$1,083 ft2
$11,653 m2
09/04/2026
$1.4M
Event
Sold
Change
0%
Price Per
$978 ft2
$10,522 m2
05/11/2026
$1.4M
Event
Price Reduced
Change
-9.7%
Price Per
$978 ft2
$10,522 m2
05/11/2026
$1.5M
Event
Listed
Price Per
$1,083 ft2
$11,653 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jeremy VasquezColdwell 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