Closed

Terrace Towers, 3 Island Ave #12C, Miami Beach, FL 33139

1,050,000(-7.14% )

$975,000Price

2Beds

2Baths

1,283SqFt

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Details

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Status:

Sold - Mar 31, 2025

Parking: 1

Size: 1,283 SqFt (119 m²)

Price: $760/SqFt ($8,180/m²)

Type: Condo

Built: 1962

HOA: $1,815/MO

MLS Number: A11742935

View: Bay, City, Intercoastal

On Site: 173 Days

Updated: 58 Days ago

Page Views: 0

This high floor, corner unit, two bedroom, two-bathroom condo at 3 island avenue, offers stunning panoramic views of biscayne bay and miami beach. A perfect blank slate for renovation, it’s located in the desirable belle island community. The building’s 50/60 year certification has been completed with no upcoming assessments. Upgrades include new impact windows, a new electrical panel, and a 5-year-old ac unit. Designed by famed architect morris lapidus, 3 island avenue features a waterfront pool, parking garage, and restored lobby. Just steps from lincoln road and sunset harbour’s shops and dining, this boutique condo offers an unbeatable miami beach lifestyle.

Features

Bedrooms

Bedrooms: 2

Bathrooms

Bathrooms: 2
Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony
View: Bay, City, Intercoastal

Interior, Heating and Cooling

Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, TubShower
Heating Description: Central
Cooling Description: CentralAir

Building and Construction

Floor Description: Concrete
Windows/Treatment: Blinds
Year Built: 1962
Year Built Description: Resale
Style: HighRise

Waterfront and Water Access

Waterfront Frontage: Yes

School Information

Elementary School: Feinberg-Fisher K8
Middle School: Nautilus
Senior High School: Miami Beach

Other Property Info

Garage: 1
Listing Date: 2025-02-11T10:55:20.000-00:00
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

Price History

03/31/2025

Date

Sold

Event

$975K

Price

-7.14%

Change Rate

$760 ft² / $8,180 m²

Price Per

02/11/2025

Date

Listed

Event

$1.1M

Price

$818 ft² / $8,809 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

Closed

Active

$400/ft²

$500/ft²

$800/ft²

$1,100/ft²

Unit #12C – Asking

$760/ft²

(-2%) from Closed Medium $/ft²

Closed Medium $/ft²

$778/ft²

Community $/Price Range (Closed) $510/ft² – $979/ft²

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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