Under contract

Price cut: $5K (5/15)

$385,000

3 Island Ave #Pha, Miami Beach, FL 33139

0beds

544sqft

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Condominium

Built in 1962

-- sqft lot

$354,400 Zestimate^®

$708/sqft

$890/mo HOA

What's special

Assigned parkingCentral air conditioning

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. Rented until May 2027.

150 days

141

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Range, Refrigerator
Laundry: Common Area

Features

Other
Flooring: Ceramic Tile

Interior area

Total structure area: 544
Total interior livable area: 544 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space
Garage spaces: 1

Features

Exterior features: None
Pool features: Association
Has view: Yes
View description: Bay, Garden, Water
Has water view: Yes
Water view: Bay,Water
Waterfront features: Bay
Frontage type: Bay/Harbor

Lot

Features: East Of Us1

Details

Parcel number: 0232330900120

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS Construction

Condition

Year built: 1962

Community & HOA

Community

Security: Smoke Detector, Doorman, Lobby Secured
Application fee: $150
Pet fee: $200
Subdivision: Belle Isle

HOA

Has HOA: Yes
Amenities included: Community Room, Other, Pool, Trash
HOA fee: $890 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $708/sqft
Annual tax amount: $4,474
Date on market: 2/16/2026
Listing terms: All Cash,Conventional

Estimated market value

$354,400

$337,000 - $372,000

$2,717/mo

Price history

Date	Event	Price
7/16/2026	Pending sale	$385,000$708/sqft
Source: MIAMI #A11966429 Report a problem
5/15/2026	Price change	$385,000-1.3%$708/sqft
Source: MIAMI #A11966429 Report a problem
2/18/2026	Listed for sale	$390,000-3.7%$717/sqft
Source: MIAMI #A11966429 Report a problem
8/13/2025	Listing removed	$405,000$744/sqft
Source: MIAMI #A11724079 Report a problem
4/9/2025	Price change	$405,000-5.6%$744/sqft
Source: MIAMI #A11724079 Report a problem
3/13/2025	Price change	$429,000-4.5%$789/sqft
Source: MIAMI #A11724079 Report a problem
2/19/2025	Listed for sale	$449,000$825/sqft
Source: MIAMI #A11724079 Report a problem
1/21/2025	Listing removed	$449,000$825/sqft
Source: MIAMI #A11724079 Report a problem
1/15/2025	Listed for sale	$449,000$825/sqft
Source: MIAMI #A11724079 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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