South Florida
Closed
Terrace Towers, 3 Island Ave #12C, Miami Beach, FL 33139
895,000(-13.41% )
Details
Save
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: 1127 Days
Updated: 982 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
- 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: 2022-07-08T16:39:38.543-00:00
- Directions: Northeast
- Pets Allowed: Conditional,Yes
Taxes, Fees & More
- Maintenance Includes: AssociationManagement, CommonAreas, Insurance, MaintenanceGrounds, Parking, PestControl, Pools, Sewer, Security, Trash, Water
- Taxes: 5198
- Parking Description: Assigned,OneSpace
- Total Floors in Building: 15
- Total Units in Complex: 144
Price History
11/29/2022
Date
Sold
Event
$775K
Price
-13.41%
Change Rate
$604 ft2 / $6,502 m2
Price Per
10/10/2022
Date
Price Reduced
Event
$895K
Price
-10.05%
Change Rate
$698 ft2 / $7,509 m2
Price Per
07/07/2022
Date
Listed
Event
$995K
Price
$776 ft2 / $8,348 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by William Hahne • Coldwell Banker Realty • Buyer Agency Compensation .
Instant Comps
$400/ft²
$500/ft²
$800/ft²
$1,100/ft²
Unit #12C – Asking
$604/ft²
(-22%) from Closed Medium $/ft²
Closed Medium $/ft²
$778/ft²
Community $/Price Range (Closed) $510/ft² – $979/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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