Miami Art Week 2026Upcoming
3 exhibitions within 1 mile
Art Week Score 42 · #140 in South Beach
#140 in South Beach · #235 in Miami
Nearest: What Water Remembers, 0.7 mi away
For sale
6
0 pending · 4.8 mo supply
Median asking
$523K
from $350K
Median $/sqft
$642/sqft
$705/sqft sold, 12 mo
Days on market
82
119 to sell · 15 in 12 mo
5 of 6 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
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.
Publix IndexLive now
60 / 100
Nearest Publix: Publix at Publix On The Bay, 0.5 mi
#71 in South Beach · #273 in Miami
A brisk walk or a lazy scooter ride. Both respectable.
2 Publix stores nearby
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
65
/ 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.
Value35
$642/sqft — vs. South Beach condos, then all of Miami
Momentum76
+9.7% $/sqft over 6 months
Liquidity64
4.8 months of supply · 82 days on market
Health97
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age9
Built 1962 — vs. South Beach buildings
own.miami Condo Index
105At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#316 of 698 tracked Miami condos
Top 45% by price per sq ft
#64 of 121 in South Beach
Momentum
↑ Rising
$642/sqft median ask
Liquidity
Warm
Want the inside track on Belle Isle?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$550,000$641/sqft
1 bd · 1 ba · 858 sqft
3 Island Ave #14L
Listing courtesy of Compass Florida, LLC, Juan Carlos Gonzalez (Lic. #3034366) · MLS #A12114530
$459,888$536/sqft
1 bd · 1 ba · 858 sqft
3 Island Ave #09L
Listing courtesy of Coldwell Banker Realty, William Hahne (Lic. #0688245) · MLS #A12058883
$619,000$784/sqft
1 bd · 1 ba · 790 sqft
3 Island Ave #11B
Listing courtesy of Compass Florida, LLC, Juan Carlos Gonzalez (Lic. #3034366) · MLS #A12028109
$495,888$576/sqft
1 bd · 1 ba · 861 sqft
3 Island Ave #06K
Listing courtesy of Coldwell Banker Realty, Jeremy Vasquez (Lic. #3532650) · MLS #A11981008
$849,888$989/sqft
1 bd · 1 ba · 859 sqft
3 Island Ave #PH-G
Listing courtesy of Coldwell Banker Realty, William Hahne (Lic. #0688245) · MLS #A11976803
Sold $/sqft trend
3-month rolling median of closed sales in Belle Isle; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 3 Island Ave
- Year built
- 1962
- Floors
- 15
- Residences
- 141
- Developer
- Belle Isle Apartment Corp.
- 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
ElevatedPublic records checked Oct 26, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 9 purchase or refinance loans on this building in the last 12 months, financing 44% of its recorded sales, and accepted a down payment as low as 14.6%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 76/100.
Source: Miami-Dade Clerk official records
- 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.
Financeability
What the banks say about Belle Isle: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 9
- 9 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 44%
- 16 recorded sales, 12 months · Resales only
- Average down payment
- 30.5%
- Lowest down payment accepted
- 14.6%
Loan programmes, 24 months:Conventional 9
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 9.0 ft.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 5.5 ft
- Lowest nearby street
- 2.5 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.5 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR76962 · Acknowledged,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Belle Isle cost?+
There are 6 condos for sale at Belle Isle, from $350,000, with a median asking price of $522,944 ($642/sqft).
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.
Who developed Belle Isle?+
Belle Isle was developed by Belle Isle Apartment Corp..
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