Own South Beach

Belle Isle

3 Island Ave · Built 1962 · 15 floors · 141 residences

5 for sale
For sale
5
0 pending · 4.0 mo supply
Median asking
$496K
from $350K
Median $/sqft
$643/sqft
$705/sqft sold, 12 mo
Days on market
80
119 to sell · 15 in 12 mo

4 of 5 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Belle Isle
Unknown photographer · Public domain · Wikimedia Commons

Located on Belle Isle in the Venetian Islands, this boutique waterfront building was designed by renowned architect Morris Lapidus. The property offers a blend of mid-century design and timeless sophistication, featuring a location that provides easy access to the Sunset Harbor area, Lincoln Road, and the beach.

The building is situated directly across from the Standard Hotel and offers views of Biscayne Bay, the Miami skyline, and nearby parks. Common areas include a bayfront pool, a sunset deck, and dedicated spaces for BBQ and entertaining.

Live near more of Miami

What surrounds Belle Isle: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
60
/ 100
B
own.miami Score

A data-grounded score for Belle Isle from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value55
$643/sqft — vs. Miami condos
Momentum22
-8.0% $/sqft over 6 months
Liquidity70
4.0 months of supply · 80 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age0
Built 1962
own.miami Condo Index
90100 = the median Miami condo, by price and liquidity.
Rank
#346 of 597 tracked Miami condos
Top 58% by price & liquidity
#67 of 86 in South Beach
Momentum
↓ Cooling
$643/sqft median ask
Liquidity
Warm
See the full Condo Index →
Want the inside track on Belle Isle?

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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Belle Isle; bars are closings per month.

$562$811$1061Nov 2025Jan 2026Mar 2026May 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
3 Island Ave
Year built
1962
Floors
15
Residences
141
Waterfront
Yes

Amenities

  • · Pool
  • · Sundeck
  • · Doorman
  • · Security
  • · BBQ and entertaining areas

Building rules

Parking
The building offers assigned parking and secure indoor assigned parking.

Special assessments & recertification outlook

Elevated
  • Built 1962 — a recurring structural milestone inspection is due around 2027

Estimated from Belle Isle’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Belle Isle cost?+

There are 5 condos for sale at Belle Isle, from $350,000, with a median asking price of $495,888 ($643/sqft).

Is Belle Isle a good time to buy?+

Belle Isle currently has about 4.0 months of supply — a seller-friendly pace.

How much are the HOA fees at Belle Isle?+

HOA / maintenance fees at Belle Isle run around $1,211 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Belle Isle a waterfront building?+

Yes — Belle Isle is a waterfront building (South Beach).

When was Belle Isle built?+

Belle Isle was built in 1962, 15 stories, 141 residences.

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