Terrace Towers, 3 Island Ave #12C

$1.1M7.1%
$975,000
2
Beds
2
Baths
1,283
SqFt
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
581 Days
Updated
18 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

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Price History

Current
$975K
High
$1.1M
Low
$975K
Total Change
-7.1%
$1.1M$1M$966KFeb 25Mar 25
Date
Event
Price
Change
Price Per
03/31/2025
Sold
$975K
-7.14%
$760 ft2
$8,180 m2
02/11/2025
Listed
$1.1M
 
$818 ft2
$8,809 m2
03/31/2025
$975K
Event
Sold
Change
-7.14%
Price Per
$760 ft2
$8,180 m2
02/11/2025
$1.1M
Event
Listed
Price Per
$818 ft2
$8,809 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