Closed

Terrace Towers, 3 Island Ave #09F, Miami Beach, FL 33139

1Beds
1Baths
873SqFt

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Details

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Status:
Sold - Oct 14, 2022
Parking: 1
Size: 873 SqFt (81 m2)
Price: $721/SqFt ($7,756/m2)
Type: Condo
Built: 1962
HOA: N/A
MLS Number: A11270012
View: Bay,City,Pool
On Site: 1067 Days
Updated: 1031 Days ago
Page Views: 0
The views don’t get any better than these wide, direct bay, downtown miami and year-round sunset views from this oversized one bedroom unit. Updated several years ago, this unit has impact windows and doors and is ready completely livable or ready for your imagination. this building recently converted from coop to condo and has good financials and reserves. The 50-year recertification is currently underway and expected to be completed in early 2023. The project is fully funded and there are no special assessments owed by this unit. charming, quiet, smaller morris lapidus designed mimo building with amazing location right across front the standard hotel and spa. Best price for direct bay and skyline views on belle isle.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,City,Pool
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, FirstFloorEntry, LivingDiningRoom
  • Equipment / Appliances: ElectricRange, Refrigerator
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Other,Tile
  • 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: 2022-09-08T15:29:45.300-00:00
    • Directions: West
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTV, HotWater, Insurance, Internet, Laundry, MaintenanceStructure, Parking, PestControl, Pools, ReserveFund, Roof, Sewer, Security, Trash, Water
    • Taxes: 4963
    • Security Information: SmokeDetectors
    • Parking Description: Assigned, Covered, OneSpace
    • Total Floors in Building: 16

    Price History

    10/13/2022

    Date

    Sold

    Event

    $629K

    Price

    0%

    Change Rate

    $721 ft2 / $7,756 m2

    Price Per

    09/08/2022

    Date

    Listed

    Event

    $629K

    Price

    $721 ft2 / $7,756 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Scott DiffenderferCompass Florida, LLC. • Buyer Agency Compensation .

    Instant Comps

    $400/ft²
    $500/ft²
    $800/ft²
    $1,100/ft²

    Unit #09F – Asking

    $721/ft²

    (-26%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $979/ft²
    Community $/Price Range (Closed) $510/ft² – $979/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 5F1/1873$979WestBay, City, Intercoastal$855,0002/26/2025
    Unit: # 5F
    Bed/Bath: 1/1Size SqFt: 873$/SqFt: $979Exposure: WestView: Bay, City, IntercoastalSold: $855,000Closed Date: 2/26/2025
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