3 Island Ave 06K, Miami Beach, FL 33139 — MLS photo

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3 Island Ave 06K, Miami Beach, FL 33139

Active · Condominium

$495,888

3 Island Ave 06K, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
861 sq ft
$ / sq ft
$576/sq ft
Year built
1962
Lot size
—
HOA fee
$1,211 Monthly
Annual tax
$8,200

About this property

Residence 6K at 3 Island Avenue captures the essence of classic Miami Beach sophistication in one of Belle Isle’s most iconic Morris Lapidus–designed buildings. This beautifully positioned one-bedroom residence offers private treetop views from your private open balcony. The spacious layout features approximately 861 square feet of refined living, with expansive windows that flood the home with natural light. A thoughtfully updated kitchen and bath complement elegant finishes throughout, creating a move-in-ready retreat. Residents enjoy a full-service boutique building with 24-hour doorman, bayfront pool, waterfront deck, and marina access. Ideally located moments from Sunset Harbour, Lincoln Road, and South Beach’s celebrated dining, wellness studios, and cafés—this is timeless Miami living at its finest.

Property location

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3 Island Ave 06K, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
861 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Tub Shower, Elevator
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1962
Stories
15
Architectural style
High Rise
Construction
Brick, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Heated
Waterfront
Bayfront
View
Garden, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, Garage, One Space

HOA, Community & Financials

Association fee
$1,211 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Pest Control, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Laundry, Barbecue, Picnic Area, Pool, Trash, Elevators
Security
Door Man, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$8,200
Subdivision
BELLE ISLE
County
Miami-Dade
Days on market
195
MLS listing ID
A11981008
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,913

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
7.0%
Mortgage payment
$2,351/mo
Down payment
$123,972
Loan amount
$371,916
Annual NOI
$5,257

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.