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3 Island Ave

3 Island Ave, Miami Beach, FL, 33139

0 Units for Sale

Aerial panoramic view of a coastal city with numerous buildings and a marina.

View Listing

MLS ID #A11707944

View Listing MLS ID #A11707944

View from a balcony overlooking water and a distant city skyline.

View Listing MLS ID #A11707944

Wide angle view of a pool area overlooking the water with a distant skyline.

View Listing MLS ID #A11707944

Outdoor balcony with seating overlooking a cityscape and waterfront.

View Listing MLS ID #A11742935

Year Built

1962

# Stories

# Total Units

Unit Size Range

544-11,381 sqft

Unit Demand

Unit Availability

About 3 Island Ave

3 Island Avenue is a charming 15-story building, completed in 1962, strategically located along the picturesque waterfront of Miami Beach. The building offers a selection of well-designed units that provide residents with comfortable living amidst stunning views of the surrounding waterways. Architectural highlights include a timeless design that blends seamlessly with the coastal environment, providing an idyllic backdrop for those seeking serenity and convenience. Residents can take advantage of a range of practical amenities, such as a well-maintained swimming pool, a community room for social gatherings, and landscaped gardens that offer a peaceful retreat. Additionally, the building features secure on-site parking, ensuring convenience for those with vehicles. 3 Island Avenue is situated in a coveted location, providing easy access to nearby shopping centers, varied dining options, and recreational activities, making it a desirable place for vibrant yet relaxed living. The area holds a unique charm, with its proximity to the beach offering the chance for pleasant strolls along the shore, as well as quick connections to the city's cultural and entertainment hubs. This combination of features makes 3 Island Avenue an attractive option for a serene waterfront lifestyle.

View Listing

MLS ID #A11707944

View Listing MLS ID #A11707944

View Listing MLS ID #A11742935

Amenities

What makes living at Terrace Towers even more enticing are the fantastic amenities. You'll find a clubhouse-clubroom for social gatherings, a heated pool for those sunny Miami days, and even a barbecue area for weekend cookouts with friends and family. Outdoor enthusiasts will appreciate the fishing pier as well as the boat dock for easy access to the water. If you love staying fit, the well-equipped exercise room will meet all your workout needs. Additional conveniences include a business center, laundry facilities, and elevators, ensuring that everything you need is just a short elevator ride away.

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

As a pet lover, you’ll be pleased to hear that cats are allowed, although dogs aren’t permitted. This policy can be a game-changer if you’re looking for a welcoming atmosphere where furry friends can thrive.

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

3 Island Ave Market Report (last 12 months)

Avg. List Price

$751,980 ($801/Sqft.)

Year-Over-Year List Price

17.12%

Total Listings

Avg. Days On Market

Avg. Sale Price

$751,200 ($797/Sqft.)

Year-Over-Year Sale Price

16.35%

Total Sold

Avg. HOA Fees/Sqft

$1 /monthly

Demographics For all Venetian Islands listings

AVERAGE RESIDENT AGE

38 years old

AVERAGE HOUSEHOLD INCOME

$81,621/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

What to know about Venetian Islands demographics:

Approximately 35.91% of adults in the Venetian Islands hold a post-graduate degree.
The average age of residents is around 38 years.

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Living in 3 Island Ave

Condo Living at Terrace Towers, located at 3 ISLAND AVE,MIAMI BEACH,FL:

Welcome to Terrace Towers, a vibrant condo building situated in the heart of Miami Beach. Built in 1962, this classic structure spans 15 stories and offers a unique blend of historical charm and modern convenience. If you're a first-time homebuyer looking for a lively community with plenty of amenities, then this place might just be your perfect match.

Building Features and Unit Availability:

With 94 units available, Terrace Towers offers a range of sizes from cozy studios to spacious two-bedroom layouts. Though currently there are no units available for sale, the demand in this sought-after building has been steady. The average closed price for recent sales here is around $855,286, which breaks down to approximately $750 per square foot. If you're thinking about this building for your new home, it's good to know that the average days on the market have been around 129 — a reflection of the building’s popularity.

Life at Terrace Towers:

Living at Terrace Towers means immersing yourself in the quintessential Miami Beach lifestyle. The community is known for its friendly atmosphere, perfect for making lifelong friends and connections. There’s a strong sense of community, with opportunities for socializing and engaging with your neighbors. The location alone puts you in the midst of exciting cultural experiences, dining options, and outdoor activities.

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