Terrace Towers, 3 Island Ave #15C

$990K19.2%
$800,000
2
Beds
2
Baths
1,283
SqFt
Status
Sold - Apr 09, 2026
Parking
1
Size
1,283 SqFt (119 m2)
Price
$624/SqFt ($6,712/m2)
Type
Condo
Built
1962
HOA
N/A
MLS Number
A11882579
View
Bay,Garden,Water
On Site
358 Days
Updated
18 Days ago
Page Views
0
Top floor 2 bedroom corner apartment in the cool and prestigious Morris Lapidus building and former residence in Belle Isle. Enjoy the spectacular sunrises and soothing park and bay views from this spacious unit. This Penthouse corner has the potential for the ceilings to be raised over 2 feet for additional comfort and style. 3 Island has a spectacular pool on the bay with an enormous deck to appreciate unobstructed sunsets all year long. Storm windows and sliding doors and HVAC less than 2 years old. Fantastic location in the Venetian Causeway right across the Standard Hotel and within walking distance to Lincoln Road and the trendy Sunset Harbor area's lifestyle. Condo completed its 50 year recertification. Seller can offer some finance to a qualified buyer. Easy to show!

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, Barbecue, Deck, SecurityHighImpactDoors
  • View: Bay,Garden,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, LivingDiningRoom, SeparateShower, WalkInClosets
  • Equipment / Appliances: BuiltInOven, Dishwasher, ElectricRange, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile,Laminate
  • Windows/Treatment: ImpactGlass
  • Year Built: 1962
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-09-22T14:23:27.000-00:00
    • Directions: Northeast
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CableTv, Insurance, Internet, Laundry, MaintenanceStructure, Pools, ReserveFund, Sewer, Security, Trash, Water
    • Taxes: 10849
    • Security Information: ClosedCircuitCameras, DoorMan, KeyCardEntry, FireSprinklerSystem, SmokeDetectors
    • Parking Description: OneSpace
    • Total Floors in Building: 15

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    Price History

    Current
    $800K
    High
    $990K
    Low
    $800K
    Total Change
    -19.2%
    $1M$895K$777KSep 25Oct 25Dec 25Feb 26Feb 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/09/2026
    Sold
    $800K
    0%
    $624 ft2
    $6,712 m2
    02/02/2026
    Price Reduced
    $800K
    -3.03%
    $624 ft2
    $6,712 m2
    02/02/2026
    Price Reduced
    $825K
    -7.3%
    $643 ft2
    $6,922 m2
    12/07/2025
    Price Reduced
    $890K
    -5.32%
    $694 ft2
    $7,467 m2
    10/29/2025
    Price Reduced
    $940K
    -5.05%
    $733 ft2
    $7,886 m2
    09/22/2025
    Listed
    $990K
     
    $772 ft2
    $8,306 m2
    04/09/2026
    $800K
    Event
    Sold
    Change
    0%
    Price Per
    $624 ft2
    $6,712 m2
    02/02/2026
    $800K
    Event
    Price Reduced
    Change
    -3.03%
    Price Per
    $624 ft2
    $6,712 m2
    02/02/2026
    $825K
    Event
    Price Reduced
    Change
    -7.3%
    Price Per
    $643 ft2
    $6,922 m2
    12/07/2025
    $890K
    Event
    Price Reduced
    Change
    -5.32%
    Price Per
    $694 ft2
    $7,467 m2
    10/29/2025
    $940K
    Event
    Price Reduced
    Change
    -5.05%
    Price Per
    $733 ft2
    $7,886 m2
    09/22/2025
    $990K
    Event
    Listed
    Price Per
    $772 ft2
    $8,306 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Juan Carlos GonzalezCompass Florida, LLC • 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