Terrace Towers, 3 Island Ave #12C

$995K22.1%
$775,000
2
Beds
2
Baths
1,283
SqFt
Status
Sold - Nov 30, 2022
Parking
1
Size
1,283 SqFt (119 m2)
Price
$604/SqFt ($6,502/m2)
Type
Condo
Built
1962
HOA
$1,044/MO
MLS Number
A11237382
View
Bay, Intercoastal, Ocean
On Site
1530 Days
Updated
19 Days ago
Page Views
0
Panoramic views of Biscayne Bay and Miami Beach. This is a blank canvas for buyers looking to renovate and live in Miami Beach's desirable Belle Island community. This two bedroom 2 bathroom unit has a north east facing view from the 12th floor of Island Terrace. Building is undergoing 50 year certification which is almost complete. Current assessment has been paid by the owner, New Impact Windows, New Electrical Panel and AC unit is 3 years old. Terrace Towers was designed by Famed Architect Morris Lapidus and features a waterfront pool, parking garage and restored original lobby. Located just steps from shops and dining on Lincoln Road and Sunset Harbor, Terrace Towers is a boutique condo experience with a highly desirable location.

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay, Intercoastal, Ocean
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, TubShower
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Concrete
  • Windows/Treatment: Blinds
  • Year Built: 1962
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Feinberg-Fisher K8
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2022-07-08T16:39:38.000-00:00
  • Directions: Northeast
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, CommonAreas, Insurance, MaintenanceGrounds, Parking, PestControl, Pools, Sewer, Security, Trash, Water
  • Taxes: 5198
  • Security Information: ClosedCircuitCameras, DoorMan, KeyCardEntry, LobbySecured
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 15
  • Total Units in Complex: 144

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Price History

Current
$775K
High
$995K
Low
$775K
Total Change
-22.1%
$1M$885K$749KJul 22Oct 22Nov 22
Date
Event
Price
Change
Price Per
11/29/2022
Sold
$775K
-13.41%
$604 ft2
$6,502 m2
10/10/2022
Price Reduced
$895K
-10.05%
$698 ft2
$7,509 m2
07/07/2022
Listed
$995K
 
$776 ft2
$8,348 m2
11/29/2022
$775K
Event
Sold
Change
-13.41%
Price Per
$604 ft2
$6,502 m2
10/10/2022
$895K
Event
Price Reduced
Change
-10.05%
Price Per
$698 ft2
$7,509 m2
07/07/2022
$995K
Event
Listed
Price Per
$776 ft2
$8,348 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
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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