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Terrace Towers - Rentals

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 Rent: 0
Unit Sizes: From 598 to 1384 s.f.
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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

0 Units For Rent or Lease at Terrace Towers

Rental and Leasing History at Terrace Towers

Studio Units Rented or Leased at Terrace Towers

0 Rented or Leased - In Last 6 Months
Unit Listed Rent Actual Rent Rented $/sqft Beds/ Baths Interior Space Furnished Closed Date
4A $275,000 $250,000 $5,017 0/1 598 s.f.   9/24/2021
3A $155,000 $112,000 $2,247 0/1 598 s.f.   10/30/2019
9A $187,500 $185,000 $3,712 0/1 598 s.f.   10/30/2019
5A $140,000 $140,000 n/a 0/1 n/a   5/22/2019
14A $1,550 $1,550 $31 0/1 598 s.f.   3/15/2019
14A $159,000 $165,000 $3,311 0/1½ 598 s.f.   3/8/2019
3A $1,550 $1,500 $30 0/1 598 s.f.   1/21/2019
PHA $1,550 $1,500 $30 0/1 598 s.f.   11/1/2018
12A $1,375 $1,375 $28 0/1 598 s.f.   8/1/2017
8A $125,000 $126,000 $2,528 0/1 598 s.f.   11/15/2012
6A $123,000 $110,000 $2,207 0/1 598 s.f.   8/21/2012
7A $115,000 $110,000 $2,207 0/1 598 s.f.   8/9/2012

1 Bedroom Units Rented or Leased at Terrace Towers

2 Rented or Leased - $55.37/SqFt - In Last 6 Months
Unit Listed Rent Actual Rent Rented $/sqft Beds/ Baths Interior Space Furnished Closed Date
07E $4,250 $4,000 $56 1/1 851 s.f.   3/25/2024
PHK $3,950 $3,900 $54 1/1 861 s.f.   12/14/2023
12E $5,000 $5,000 $71 1/1 851 s.f.   10/16/2023
PHK $4,250 $4,000 $56 1/1 861 s.f.   10/1/2023
11J $3,600 $3,400 n/a 1/1 n/a   9/10/2023
7G $600,000 $570,000 $7,963 1/1 859 s.f.   9/7/2023
7E $4,500 $4,500 $57 1/1 950 s.f.   8/14/2023
5F $600,000 $550,000 $6,947 1/1½ 950 s.f.   7/14/2023
12E $5,500 $5,500 $78 1/1 851 s.f.   2/28/2023
09H $630,000 $585,000 $8,172 1/1 859 s.f.   2/27/2023
10J $3,600 $3,400 $47 1/1 863 s.f.   2/15/2023
11L $537,000 $510,000 $7,133 1/1 858 s.f.   12/15/2022
14G $998,000 $975,000 $13,620 1/1 859 s.f.   10/19/2022
09F $629,000 $629,000 $8,646 1/1 873 s.f.   10/14/2022
10J $3,600 $3,600 $50 1/1 863 s.f.   7/29/2022
6K $439,900 $400,000 $5,575 1/1 861 s.f.   5/2/2022
04G $560,000 $611,500 $8,542 1/1 859 s.f.   4/27/2022
12K $4,200 $4,200 $59 1/1 861 s.f.   1/14/2022
10B $2,990 $2,700 $41 1/1 790 s.f.   12/20/2021
7E $3,850 $4,200 $53 1/1 950 s.f.   11/1/2021
14J $3,000 $3,000 $37 1/1 974 s.f.   9/22/2021
PHK $385,000 $365,000 $4,611 1/1½ 950 s.f.   6/11/2021
11B $359,000 $330,000 $4,400 1/1 900 s.f.   6/2/2021
9J $345,000 $325,000 $4,105 1/1 950 s.f.   4/27/2021
8L $299,900 $270,000 $3,411 1/1 950 s.f.   3/1/2021
10H $2,150 $2,150 $27 1/1 950 s.f.   2/28/2021
12G $539,000 $490,000 $6,189 1/1½ 950 s.f.   1/28/2021
10L $2,250 $2,100 $27 1/1 950 s.f.   12/3/2020
11J $2,300 $2,150 $27 1/1 950 s.f.   12/1/2020
7J $2,200 $1,950 $25 1/1 950 s.f.   10/1/2020
3L $298,000 $289,000 $3,651 1/1 950 s.f.   9/21/2020
7B $299,000 $299,000 n/a 1/1 n/a   9/10/2020
11G $440,000 $420,000 $5,305 1/1 950 s.f.   9/9/2020
5J $310,000 $275,000 $3,474 1/1 950 s.f.   4/10/2020
7B $1,800 $1,600 $21 1/1 900 s.f.   4/1/2020
7L $249,500 $245,000 $3,095 1/1 950 s.f.   11/12/2019
14B $329,000 $300,000 $4,000 1/1 900 s.f.   10/25/2019
10L $2,250 $2,200 $28 1/1 950 s.f.   9/29/2019
12L $1,750 $1,750 n/a 1/1 n/a   8/12/2019
3B $239,000 $235,000 $3,133 1/1 900 s.f.   5/9/2019
10B $2,150 $1,950 $26 1/1 900 s.f.   4/26/2019
11J $2,400 $2,300 $29 1/1 950 s.f.   4/11/2019
11H $369,000 $310,000 $3,916 1/1 950 s.f.   4/11/2019
PH-E $549,000 $466,250 $5,889 1/1 950 s.f.   4/9/2019
5J $1,800 $1,800 $23 1/1 950 s.f.   2/15/2019
12G $499,000 $440,000 $5,558 1/1½ 950 s.f.   1/22/2019
9H $2,400 $2,400 $30 1/1 950 s.f.   1/11/2019
5J $1,900 $1,900 $24 1/1 950 s.f.   12/28/2018
9B $239,900 $210,000 $2,800 1/1 900 s.f.   12/5/2018
PH-E $3,900 $3,100 $39 1/1 950 s.f.   11/1/2018
14F $340,000 $282,000 $3,562 1/1 950 s.f.   10/2/2018
6J $290,000 $275,000 $3,474 1/1 950 s.f.   9/14/2018
14L $279,000 $255,000 $3,221 1/1 950 s.f.   6/27/2018
9F $299,000 $269,000 $3,398 1/1 950 s.f.   6/1/2018
15K $1,900 $1,900 $24 1/1 950 s.f.   5/1/2018
7J $1,900 $1,925 $24 1/1 950 s.f.   5/1/2018
7E $279,000 $235,000 $2,968 1/1 950 s.f.   4/20/2018
6J $1,850 $1,800 $23 1/1 950 s.f.   4/6/2018
10B $2,000 $1,850 $25 1/1 900 s.f.   2/12/2018
9J $1,900 $1,800 $23 1/1 950 s.f.   1/15/2018
11G $2,500 $2,400 $30 1/1 950 s.f.   12/1/2017
9I $3,700 $3,500 $31 1/1 1368 s.f.   11/15/2017
14F $2,300 $2,150 $27 1/1 950 s.f.   10/3/2017
9H $2,200 $2,200 $28 1/1 950 s.f.   9/15/2017
12J $2,150 $2,100 $27 1/1 950 s.f.   5/18/2017
11H $2,500 $2,150 $27 1/1 950 s.f.   5/16/2017
10L $299,000 $280,000 $3,537 1/1½ 950 s.f.   4/17/2017
9E $2,100 $2,100 $27 1/1 950 s.f.   3/15/2017
6K $1,750 $1,750 $22 1/1 950 s.f.   12/12/2016
8E $2,500 $2,250 $28 1/1 950 s.f.   11/15/2016
9H $2,200 $2,200 $28 1/1 950 s.f.   10/21/2016
3B $214,900 $204,999 $2,733 1/1½ 900 s.f.   7/11/2016
6J $2,300 $3,000 $38 1/1 950 s.f.   6/23/2016
4H $420,000 $410,000 $5,179 1/1 950 s.f.   5/12/2016
12J $285,000 $200,000 $2,526 1/1½ 950 s.f.   5/6/2016
15B $1,950 $1,900 $25 1/1 900 s.f.   3/1/2016
11L $345,000 $305,000 $3,853 1/1 950 s.f.   1/11/2016
7B $270,000 $270,000 $3,600 1/1 900 s.f.   1/7/2016
9I $3,900 $3,500 $31 1/1 1368 s.f.   10/5/2015
10H $2,395 $2,300 $29 1/1 950 s.f.   8/15/2015
11G $350,000 $350,000 $4,421 1/1 950 s.f.   5/15/2015
12L $1,925 $1,750 $22 1/1 950 s.f.   5/1/2015
5F $395,000 $378,000 $4,775 1/1 950 s.f.   2/17/2015
12G $335,000 $325,000 $4,105 1/1 950 s.f.   1/28/2015
11H $246,750 $246,750 $3,117 1/1 950 s.f.   12/31/2014
3L $2,275 $2,200 $28 1/1 950 s.f.   12/5/2014
5B $199,000 $199,000 $2,653 1/1½ 900 s.f.   11/26/2014
7J $259,000 $215,000 $2,716 1/1 950 s.f.   5/28/2014
PHE $449,000 $435,000 $5,495 1/1 950 s.f.   5/16/2014
12H $2,500 $2,325 $29 1/1 950 s.f.   3/31/2014
4L $219,000 $190,000 $2,400 1/1 950 s.f.   3/31/2014
14B $289,000 $267,925 $3,572 1/1 900 s.f.   3/28/2014
11E $199,000 $235,000 $2,968 1/1 950 s.f.   1/30/2014
11J $2,250 $2,250 $28 1/1 950 s.f.   9/1/2013
12J $190,000 $190,000 $2,400 1/1 950 s.f.   5/15/2013
PH-J $249,900 $220,000 $2,779 1/1 950 s.f.   4/26/2013
7L $175,000 $170,000 $1,943 1/1 1050 s.f.   12/31/2012
4B $168,500 $166,500 $2,220 1/1 900 s.f.   11/30/2012
12H $249,999 $240,000 $3,032 1/1 950 s.f.   11/13/2012
6B $174,900 $165,500 $2,207 1/1 900 s.f.   9/12/2012
11F $230,000 $208,000 $2,627 1/1 950 s.f.   6/15/2012
10H $1,700 $1,750 $22 1/1 950 s.f.   6/13/2012
3I $975,000 $900,000 $4,100 1/2½ 2634 s.f.   4/11/2012
10F $195,900 $190,000 $2,400 1/1 950 s.f.   1/20/2012
12B $2,000 $2,000 $25 1/1 950 s.f. 10/8/2011
6J $1,999 $1,900 $24 1/1 950 s.f. 9/19/2011
9I $3,000 $3,000 $26 1/1 1368 s.f. 11/22/2010
12B $259,000 $220,000 $2,933 1/1 900 s.f.   7/23/2008
14B $309,000 $250,000 $3,333 1/1 900 s.f.   6/25/2007
14K $299,000 $280,000 $3,537 1/1 950 s.f.   4/28/2006

2 Bedroom Units Rented or Leased at Terrace Towers

1 Rented or Leased - $76.94/SqFt - In Last 6 Months
Unit Listed Rent Actual Rent Rented $/sqft Beds/ Baths Interior Space Furnished Closed Date
09B $5,450 $5,450 $77 2/2 850 s.f.   4/13/2024
03C $7,000 $7,000 $65 2/3 1283 s.f.   10/14/2023
5D $8,000 $7,000 $63 2/2 1344 s.f.   6/1/2023
10I $1,444,000 $1,390,000 $12,078 2/2 1381 s.f.   6/1/2023
PH 15D $6,800 $6,000 $56 2/2 1287 s.f.   3/1/2023
09D $7,000 $6,250 $56 2/2 1344 s.f.   2/13/2023
12C $895,000 $775,000 $7,249 2/2 1283 s.f.   11/30/2022
4I $5,950 $5,000 $43 2/2 1381 s.f.   7/1/2022
3C $699,000 $645,000 $5,811 2/3 1332 s.f.   3/3/2022
8I $1,200,000 $1,100,000 $9,649 2/2 1368 s.f.   7/2/2021
4E $1,275,000 $1,175,000 $7,421 2/2½ 1900 s.f.   10/19/2020
5D $5,500 $4,950 $44 2/2 1344 s.f.   3/5/2020
14D $4,900 $4,700 $42 2/3 1344 s.f.   11/1/2019
9D $650,000 $625,000 $5,580 2/2 1344 s.f.   7/1/2019
8K-8J $595,000 $595,000 $3,758 2/2 1900 s.f.   4/16/2019
12C $359,888 $350,000 $3,153 2/2 1332 s.f.   12/19/2018
3D $2,600 $2,600 $23 2/2 1344 s.f.   11/10/2018
14D $515,000 $460,000 $4,107 2/2 1344 s.f.   6/11/2018
3C $299,000 $230,000 $2,072 2/2 1332 s.f.   5/21/2018
8C $2,300 $2,250 $20 2/2 1332 s.f.   4/9/2018
5D $510,000 $494,700 $4,417 2/2 1344 s.f.   12/11/2017
PH D $3,900 $4,000 $36 2/2 1344 s.f.   4/14/2017
9D $4,500 $4,300 $38 2/2 1344 s.f.   7/1/2016
7D $935,000 $880,000 $7,857 2/2½ 1344 s.f.   5/31/2016
8C $3,500 $3,250 $29 2/2 1332 s.f.   3/29/2016
7C $330,000 $315,000 $2,838 2/2 1332 s.f.   8/16/2013
3I $1,395,000 $1,271,000 $5,790 2/3 2634 s.f.   7/12/2013
6I $625,000 $550,000 $4,825 2/2 1368 s.f.   3/27/2013
11C $294,000 $280,000 $2,346 2/2 1432 s.f.   2/8/2013
10D $335,000 $305,000 $2,723 2/2 1344 s.f.   11/30/2012
8C $269,000 $250,000 $2,095 2/2 1432 s.f.   10/12/2012
14D $2,400 $2,000 $18 2/2 1344 s.f.   8/1/2010
4D $350,000 $250,000 $2,232 2/2 1344 s.f.   3/2/2009
6I $499,000 $445,000 $3,904 2/2 1368 s.f.   6/11/2008
14-I $529,000 $470,000 $4,123 2/2 1368 s.f. 7/23/2007
10-C $509,000 $460,000 $4,144 2/2 1332 s.f.   3/9/2007

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 4/27/2024. 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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