Terrace Towers, 3 Island Ave #12J

$490K7.1%
$455,000
1
Beds
1
Baths
863
SqFt
Status
Sold - Nov 07, 2025
Parking
1
Size
863 SqFt (80 m2)
Price
$527/SqFt ($5,675/m2)
Type
Condo
Built
1962
HOA
$1,292/MO
MLS Number
A11817755
View
Bay, Garden, Intercoastal
On Site
466 Days
Updated
19 Days ago
Page Views
0
Experience timeless elegance in this spacious 1BR on exclusive Belle Isle. Located in a historic Morris Lapidus-designed building, this light-filled residence features large windows framing stunning views of Biscayne Bay and Sunset Harbour. The airy layout offers a perfect blend of classic charm and modern comfort, ideal for relaxed coastal living. The building has completed its 60-year recertification, with all future improvements fully funded through 2032, offering peace of mind and lasting value. Rare, secure indoor assigned parking adds convenience in this coveted Miami Beach location. A true gem in a landmark setting.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay, Garden, Intercoastal
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom, ShowerOnly, Elevator
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator, SelfCleaningOven
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • 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: 2025-06-06T21:04:01.000-00:00
  • Directions: East
  • Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Insurance, Internet, MaintenanceGrounds, Parking, PestControl, Pools, ReserveFund, Sewer, Trash, Water
  • Taxes: 7064
  • Security Information: DoorMan, KeyCardEntry, LobbySecured, SmokeDetectors
  • Parking Description: Assigned, Detached, Garage, OneSpace, OnStreet
  • Total Floors in Building: 15
  • Total Units in Complex: 144

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Price History

Current
$455K
High
$490K
Low
$455K
Total Change
-7.1%
$494K$473K$451KJun 25Jul 25Aug 25Aug 25Nov 25
Date
Event
Price
Change
Price Per
11/07/2025
Sold
$455K
0%
$527 ft2
$5,675 m2
08/14/2025
Price Reduced
$455K
-3.37%
$527 ft2
$5,675 m2
08/14/2025
Price Increased
$471K
0.19%
$546 ft2
$5,873 m2
07/09/2025
Price Reduced
$470K
-4.08%
$545 ft2
$5,862 m2
06/06/2025
Listed
$490K
 
$568 ft2
$6,112 m2
11/07/2025
$455K
Event
Sold
Change
0%
Price Per
$527 ft2
$5,675 m2
08/14/2025
$455K
Event
Price Reduced
Change
-3.37%
Price Per
$527 ft2
$5,675 m2
08/14/2025
$471K
Event
Price Increased
Change
0.19%
Price Per
$546 ft2
$5,873 m2
07/09/2025
$470K
Event
Price Reduced
Change
-4.08%
Price Per
$545 ft2
$5,862 m2
06/06/2025
$490K
Event
Listed
Price Per
$568 ft2
$6,112 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 .

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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