+20 more
About This Unit
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.
Pricing at 3 Island Avenue — $717/sqft
3 Island Avenue Unit PHA is listed at $717/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at 3 Island Avenue.
Time on Market — 7 days
3 Island Avenue Unit PHA has been on the market for 7 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$2,118
HOA
$890
Property Tax
$373
Total / mo
$3,381
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.15%.
HOA $1.64/sqft · All-in $6.21/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at 3 Island Avenue.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1962 (64 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: 3 Island Avenue
Unit: PHA
Year Built: 1962
Stories: 15
City: Miami Beach
Postal Code: 33139
HOA Fee: $890 / Monthly
View: Bay, Garden View, Water View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 7
Listed: February 16, 2026
MLS #: A11966429
Location
Tour with Ricky
Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.
Text or Call (305) 33-RICKYThat's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: NEXXOS REALTY LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11966429
• Updated Feb 23, 2026
• Photos uploaded 69 days ago.