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Terrace Towers - Units For Sale

3 Island Avenue, Miami Beach, FL 33139

 

Quick Facts About Terrace Towers

Developer:
Architect: Morris Lapidus
Builder:
Year Built: 1962
Number of Units: 144
Number of Units For Sale: 5
Unit Sizes: From 598 to 1384 s.f.
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Today's Prices from: (5/18/2024)
$475,000 - $1,395,000

Your Sales Contact
Javier Fajardo

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Javier Fajardo

Realtor Associate
305-900-6969

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Description of Terrace Towers

Description:
Terrace Towers is a beautiful building based with exquisite views close by the Venetian Islands in Miami Beach. It is a mid-rise residential building with beautiful views of the bayfront oceanside, and features a combination of masonry and glass facades. It is located just a few blocks from the Atlantic Ocean and a few minutes walk to world famous Ocean Drive. The Terrace Tower has incredible bay and city views and year-round sunny and bay breezes. It is very close to South Beach with accessible clubs and the oceanside just steps away. The design style is a 1960s style with an emphasis in functionality, and clean lines. Some of its units include a mix of studio, one bedroom, and two bedroom apartments. 


Building Features:
  • Swimming Pool
  • Barbeque Picnic area
  • Covered assigned parking
  • Door Man
  • Community Laundry

Terrace Towers Map and Directions

5 Units for Sale at Terrace Towers

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1 Bedroom Units for Sale at Terrace Towers

Average Asking Price - $765.57/SqFt
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
03L $475,000 $554 1/1 858 s.f. 11/8/2023
10K $605,000 $703 1/1 861 s.f. 2/21/2024
PH-J $749,000 $868 1/1 863 s.f. 2/21/2024
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2 Bedroom Units for Sale at Terrace Towers

Average Asking Price - $933.73/SqFt
Unit Price List $/sqft Beds/ Baths Interior Space Listing Date
14I $1,395,000 $934 2/2 1494 s.f. 1/24/2024

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Active Under Contract Sales at Terrace Towers

These are recent active under contract that have not yet closed. The final sales price will be published after the property has closed.
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
03L $475,000 Pending Pending 1/1 858 sqft 4/30/2024

Condo Sales History at Terrace Towers

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Studio Units Sold at Terrace Towers

0 Sold - In Last 6 Months
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
4A $275,000 $250,000 $418 0/1 598 s.f. 9/24/2021

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1 Bedroom Units Sold at Terrace Towers

0 Sold - In Last 6 Months
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
7G $600,000 $570,000 $664 1/1 859 s.f. 9/7/2023
5F $600,000 $550,000 $579 1/1½ 950 s.f. 7/14/2023
09H $630,000 $585,000 $681 1/1 859 s.f. 2/27/2023
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7B $299,000 $299,000 n/a 1/1 n/a 9/10/2020
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6J $290,000 $275,000 $289 1/1 950 s.f. 9/14/2018
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11L $345,000 $305,000 $321 1/1 950 s.f. 1/11/2016
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2 Bedroom Units Sold at Terrace Towers

1 Sold - $901.32/SqFt - In Last 6 Months
Unit Price Sold Price Sold $/sqft Beds/ Baths Interior Space Sold Date
11D $1,245,000 $1,160,000 $901 2/2 1287 s.f. 5/2/2024
10I $1,444,000 $1,390,000 $1,007 2/2 1381 s.f. 6/1/2023
12C $895,000 $775,000 $604 2/2 1283 s.f. 11/30/2022
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Brown Harris Stevens notes on Terrace Towers

The active and sold data in this report is limited to properties with a listed price or sold price of $250,000 or higher.

Source: Southeast Florida MLS. Data updated 5/18/2024. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Ft. Lauderdale, Realtor Association of Miami-Dade County, Northwestern Dade Association of Realtors, South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

 

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Information presented on this website is believed to be accurate but is not warranted. Oral representations should not be considered valid. Information presented on this site (and in generated reports) may contain listings from both Brown Harris Stevens and other brokers who cooperate with Brown Harris Stevens. The content on this webpage (including drawings, photos, text and other materials) may have been provided by developers, third parties or others, and may have been extracted from a developer's marketing materials. Brown Harris Stevens does not warrant the accuracy of such information. You should consult your Purchase Agreement, Contract and Condominium Documents for accurate information. Brown Harris Stevens is an independent broker and has no developer affiliation, unless otherwise noted.

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