4 of 6 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Island Terrace is a waterfront building located on Belle Isle, positioned across from the Standard Hotel & Spa and near Sunset Harbour. The building was designed by Morris Lapidus and offers a boutique atmosphere with a focus on bayfront living.
The property features a bayfront pool, a state-of-the-art gym, a kayak launch, and a 24-hour front desk. It is situated in a location that provides proximity to the Venetian Islands and various local dining and shopping options.
What surrounds Island Terrace: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowTechnically still South Florida.
Distances are straight-line, not walking or driving.
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for Island Terrace from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Get new listings here before the portals, and a straight answer from someone who knows the building.
3-month rolling median of closed sales in Island Terrace; bars are closings per month.
Nearby buildings within half a mile.
Estimated from Island Terrace’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.
There are 6 condos for sale at Island Terrace, from $405,000, with a median asking price of $461,500 ($486/sqft).
Island Terrace currently has about 18.0 months of supply — a buyer-friendly pace with more negotiating room.
HOA / maintenance fees at Island Terrace run around $1,436 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.
Yes — Island Terrace is a waterfront building (South Beach).
Island Terrace was built in 1967, 16 stories, 138 residences.
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
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