Closed

Terrace Towers, 3 Island Ave #11L, Miami Beach, FL 33139

537,000(-5.03% )
1Beds
1Baths
858SqFt

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Details

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Status:
Sold - Dec 15, 2022
Parking: 1
Size: 858 SqFt (80 m2)
Price: $594/SqFt ($6,398/m2)
Type: Condo
Built: 1962
HOA: $750/MO
MLS Number: A11292301
View: Bay,Garden
On Site: 1023 Days
Updated: 969 Days ago
Page Views: 0
Fabulous turn-key one bedroom "l" line at terrace towers with special assessment paid in full. Live right across from the standard spa! The building is a few months away from completing the most thorough renovation it has ever had. Excellent structural reports. The association is excellent financially. Great building with great owners & staff. 24 hour doorman. This unit has been recently renovated and kept in pristine condition. The balcony has just been redone, re-tiled, and will be finished with white paint any day now. Spacious balcony to enjoy on cool nights with a beautiful park/bay view. Natural light galore. The bedroom has a spacious walk-in closet and two more closets for linens/ Storage. Come take your piece of paradise! Please reach out to the listing agent with any questions.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Garden
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, FamilyDiningRoom, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Blinds, Drapes, ImpactGlass
  • Year Built: 1962
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2022-10-22T13:50:23.000-00:00
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: CableTV, Internet, Pools, Sewer, Security, Trash, Water
    • Taxes: 4180
    • Parking Description: OneSpace
    • Total Floors in Building: 14

    Price History

    12/14/2022

    Date

    Sold

    Event

    $510K

    Price

    -5.03%

    Change Rate

    $594 ft2 / $6,398 m2

    Price Per

    10/23/2022

    Date

    Price Increased

    Event

    $537K

    Price

    0.37%

    Change Rate

    $626 ft2 / $6,737 m2

    Price Per

    10/22/2022

    Date

    Listed

    Event

    $535K

    Price

    $624 ft2 / $6,712 m2

    Price Per

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

    Listed by Hayden LowreyLondon Foster Realty • Buyer Agency Compensation .

    Instant Comps

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

    Unit #11L – Asking

    $594/ft²

    (-20%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $747/ft²
    Community $/Price Range (Closed) $510/ft² – $979/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 8G1/1859$756West, EastBay, City, Intercoastal, Water$649,0006/20/2025
    # 07J1/1863$510EastBay, City$440,0005/27/2025
    # 06G1/1859$974West, EastBay$837,00012/20/2024
    Unit: # 8G
    Bed/Bath: 1/1Size SqFt: 859$/SqFt: $756Exposure: West, EastView: Bay, City, Intercoastal, WaterSold: $649,000Closed Date: 6/20/2025
    Unit: # 07J
    Bed/Bath: 1/1Size SqFt: 863$/SqFt: $510Exposure: EastView: Bay, CitySold: $440,000Closed Date: 5/27/2025
    Unit: # 06G
    Bed/Bath: 1/1Size SqFt: 859$/SqFt: $974Exposure: West, EastView: BaySold: $837,000Closed Date: 12/20/2024
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