Terrace Towers, 3 Island Ave #PHA, Miami Beach, FL 33139

429,000(-5.59% )
$405,000Price
StudioBeds
1Baths
544SqFt

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Details

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Status:
Active
Parking: 1
Size: 544 SqFt (51 m2)
Price: $744/SqFt ($8,014/m2)
Type: Condo
Built: 1962
HOA: $890/MO
MLS Number: A11724079
View: Bay
On Site: 200 Days
Updated: 58 Days ago
Page Views: 0
Spacious and extremely well-located penthouse studio apartment in the venetian islands. Enjoy the best sunrises in miami beach, with unmatched views of the marina and bay. Just steps from the exclusive standard hotel & spa. Central air conditioning, assigned parking, cable, and internet included. The seller will pay the assessments at closing. One of the iconic buildings designed by morris lapidus.
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: StormSecurityShutters
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, WalkInClosets
  • Equipment / Appliances: ElectricRange, Microwave, Refrigerator
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Other
  • Year Built: 1962
  • Year Built Description: Resale
  • Style: HighRise,Penthouse
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: North Beach
  • Middle School: Nautilus
Other Property Info
  • Garage: 1
  • Listing Date: 2025-01-15T12:09:22.000-00:00
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, CableTv, Insurance, Internet, Laundry, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
  • Taxes: 4448
  • Security Information: DoorMan, KeyCardEntry, Other, SmokeDetectors
  • Parking Description: OneSpace
  • Total Floors in Building: 15

Price History

04/09/2025

Date

Price Reduced

Event

$405K

Price

-5.59%

Change Rate

$744 ft2 / $8,014 m2

Price Per

03/13/2025

Date

Price Reduced

Event

$429K

Price

-4.45%

Change Rate

$789 ft2 / $8,489 m2

Price Per

01/13/2025

Date

Listed

Event

$449K

Price

$825 ft2 / $8,884 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Marcelo NotarobertoNEXXOS REALTY LLC • Buyer Agency Compensation .

Instant Comps

$400/ft²
$500/ft²
$800/ft²
$1,100/ft²

Unit #PHA – Asking

$744/ft²

(-4%) from Closed Medium $/ft²

Closed Medium $/ft²

$778/ft²
Community $/Price Range (Closed) $510/ft² – $979/ft²
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