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3 Island Ave, Miami Beach FL 33139

Penthouse For Sale
$385,000

BTC: 6.01562500

ETH: 202.35041837

-$5K (2026/05/15)
146 days
Waterfront
1 ba
544 sqft

Overview

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.

Location

Florida • Miami Beach • 33139 • Penthouse • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space
Year Built:
1962
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$708
Cooling:
Central Air / Electric
HOA:
$890

Valuation

Our model vs. what's actually selling nearby.
Estimate
$348,500
$333K – $392K
Confidence Medium
List vs. estimate
$36K above estimate
List $385,000 · +10.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$707
-43.5% vs. city median $1,253
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $625K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,474
2025
HOA
$890/mo
View
Bay, Garden View
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: East Of Us1 / None

    Other Property Information

    • Parcel Number: 02-32-33-090-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $890

    • HOA Frequency: Monthly

    • Annual tax amount: $4,474

  • Source details

    • MLS ID: A11966429

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 544

    • Subdivision Name: BELLE ISLE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,001
median $552K
Active
Same city
Miami Beach
2,474
median $629K
Active
Same type
Penthouse
55
median $2.2M
Active
Similar price
$269K – $500K
653
median $375K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: NEXXOS REALTY LLC