Terrace Towers, 3 Island Ave #09L

$445K8.3%
$408,000
1
Beds
1
Baths
858
SqFt
Status
Sold - Apr 27, 2026
Parking
1
Size
858 SqFt (80 m2)
Price
$476/SqFt ($5,119/m2)
Type
Condo
Built
1962
HOA
$1,228/MO
MLS Number
A11974559
View
Bay, City, Garden, Intercoastal
On Site
194 Days
Updated
19 Days ago
Page Views
0
Welcome to Island Terrace on Belle Isle in the Venetian Isles, offering wide open eastern park and Biscayne Bay views from this high-floor residence ideally positioned between the Venetian Islands and the vibrant Sunset Harbour neighborhood. Designed by renowned architect Morris Lapidus, this distinctive waterfront building is located directly across from The Standard Hotel and within walking distance to parks, the marina, restaurants, markets, shopping, and Lincoln Road. Amenities include a bayfront pool, attended lobby, and security, all just moments from Sunset Harbour and two beautiful waterfront parks-an exceptional opportunity to enjoy the very best of Miami Beach living.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony,Deck,Patio
  • View: Bay, City, Garden, Intercoastal
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, Bathtub, ClosetCabinetry, Other, Pantry, WalkInClosets
  • Equipment / Appliances: Dishwasher
  • Heating Description: Central
  • Cooling Description: CentralAir,Other
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Windows/Treatment: ImpactGlass
  • 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: 2026-03-05T13:50:50.000-00:00
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, CableTv, Insurance, Laundry, MaintenanceGrounds, PestControl, Pools, Security
    • Taxes: 4800
    • Security Information: ClosedCircuitCameras, ComplexFenced, DoorMan, SecuredGarageParking, LobbySecured, PhoneEntry
    • Parking Description: Covered,OneSpace
    • Total Floors in Building: 15

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    Price History

    Current
    $408K
    High
    $445K
    Low
    $408K
    Total Change
    -8.3%
    $449K$427K$404KMar 26Mar 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/27/2026
    Sold
    $408K
    0%
    $476 ft2
    $5,119 m2
    03/02/2026
    Price Reduced
    $408K
    -8.31%
    $476 ft2
    $5,119 m2
    03/02/2026
    Listed
    $445K
     
    $519 ft2
    $5,583 m2
    04/27/2026
    $408K
    Event
    Sold
    Change
    0%
    Price Per
    $476 ft2
    $5,119 m2
    03/02/2026
    $408K
    Event
    Price Reduced
    Change
    -8.31%
    Price Per
    $476 ft2
    $5,119 m2
    03/02/2026
    $445K
    Event
    Listed
    Price Per
    $519 ft2
    $5,583 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Fabio MoscoloniGary Hennes Realtors • 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