Community · Miami Beach, FL
3 Island Avenue Miami Beach, FL Homes For Sale & Real Estate
3 Island Avenue, Miami Beach, FL, is a community in Miami-Dade County with 3 homes for sale right now. Homes here were built starting in 1962.
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3 Island Avenue Market at a Glance
Live MLS · Updated Oct 2, 2026
- Active Inventory
- 3
- New Listings (30d)
- 0
- Pending Sales
- 0
- Median List Price
- $495,888
- Closed Sales (September)
- 1
- Avg Days on Market
- 156
Residential MLS data for 3 Island Avenue, updated nightly. View full market reports →
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Market Overview
3 Island Avenue real estate market
There are 3 active listings for sale in 3 Island Avenue right now. The median list price is $495,888, or about $576 per square foot. Listings span $475,888 to $849,888, so there is inventory across most budgets. Homes are averaging 156 days on market. These figures update from the MLS as the market moves.
3 Island Avenue Market Stats
MLS data updated October 2, 2026- Active Listings
- 3
- Median List Price
- $495,888
- Median $/Sq Ft
- $576
- Avg Days on Market
- 156
- Price Range
- $475,888 to $849,888
Frequently Asked Questions
- How many homes are for sale in 3 Island Avenue?
- There are 3 active listings for sale in 3 Island Avenue right now, and these counts update from the MLS as homes come on the market and go under contract. Prices cluster fairly closely, with the top of the market about 1.8 times the entry level. Ask us to set up a search alert and you will see new 3 Island Avenue listings the day they reach the market.
- What is the median home price in 3 Island Avenue?
- The median list price in 3 Island Avenue is $495,888, or roughly $576 per square foot. The median is the midpoint of what is currently listed, so about half of 3 Island Avenue homes ask more and half ask less, within a broader range of $475,888 to $849,888. The median sits in the lower part of that range, so most 3 Island Avenue homes are nearer the entry level and a few high-end listings pull the top up. We can pull recent comparable sales to price a specific home more precisely.
- What price range do homes in 3 Island Avenue cover?
- Homes for sale in 3 Island Avenue currently range from about $475,888 at the entry level to $849,888 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $495,888. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the 3 Island Avenue listings that actually fit.
- How long do homes take to sell in 3 Island Avenue?
- Homes in 3 Island Avenue are averaging 156 days on market, measured from the day a listing goes live to the day it goes under contract. That is a slow pace, so sellers here should expect to price carefully and buyers often have time to compare before committing. Days on market in 3 Island Avenue also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
About 3 Island Avenue
3 Island Avenue, Miami Beach, FL, is a community in Miami-Dade County with 3 homes for sale right now. Homes here were built starting in 1962. Listings update from the MLS nightly.
Homes & Architecture
Homes for sale in 3 Island Avenue
Homes for sale in 3 Island Avenue offer 1 bedroom and 1 bath. Floor plans span roughly 858 to 861 square feet. The mix here includes condo homes. Current prices run from $475,888 to $849,888.
Schools
Schools near 3 Island Avenue
Homes for sale in 3 Island Avenue are typically zoned for the Miami Beach public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
HOA
3 Island Avenue HOA fees
- Median HOA fee
- $1,228/mo
- Typical range
- $1,220 to $1,254
- Lowest to highest
- $1,211 to $1,279
- Listings with a fee
- 3 of 3
Across the 3 homes for sale in 3 Island Avenue that list an HOA fee, the median is $1,228 a month. Half of them fall between $1,220 and $1,254. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.
The fee most often covers cable TV, common areas, internet, grounds maintenance, pest control and pool upkeep. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.
Listings here most often mention elevators, laundry facilities, grounds maintenance, on-site management, picnic area and pool.
All 3 listings that state a pet policy allow pets, some with size or number limits.
From current MLS listings in 3 Island Avenue; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.
Recent Sales
Recently sold homes in 3 Island Avenue
These are the last 5 recorded closings in 3 Island Avenue, with the price each home actually sold for rather than what it was listed at. They closed at a median of $698 per square foot. The most recent closed on September 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,350,000
Sold · September 4, 2026
3 Island Avenue 08I
2 bed · 2 bath · 1,381 sqft · $978/sqft
$145,000 under the asking price
Sold$600,000
Sold · April 9, 2026
3 Island Avenue 06H
1 bed · 1 bath · 859 sqft · $698/sqft
$34,888 under the asking price
Sold$550,000
Sold · February 26, 2026
3 Island Avenue 08H
1 bed · 1 bath · 859 sqft · $640/sqft
$49,888 under the asking price
Sold$655,000
Sold · November 14, 2025
3 Island Avenue 11G
1 bed · 1 bath · 859 sqft · $763/sqft
$144,888 under the asking price
Sold$455,000
Sold · November 7, 2025
3 Island Avenue 12J
1 bed · 1 bath · 863 sqft · $527/sqft
$15,888 under the asking price
See every recorded sale in 3 Island Avenue or find out what your 3 Island Avenue home is worth.
Market & Value
3 Island Avenue market and home values
The 3 Island Avenue real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in 3 Island Avenue is around $495,888, or roughly $576 per square foot. That sits about 17% below the Miami-Dade County median, which shows where 3 Island Avenue lands in the local market. Recent asking prices have run from $475,888 to $849,888, so the home you choose within 3 Island Avenue matters as much as the community average. Homes here have recently taken about 156 days to go under contract, a useful gauge of how quickly the 3 Island Avenue market is moving. For pricing an offer or a listing, comparable sales within 3 Island Avenue carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in 3 Island Avenue so you work from real numbers, not an estimate.
How It Compares
3 Island Avenue compared to nearby Miami Beach communities
3 Island Avenue sits 5 of 7 on median price among these Miami Beach communities. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Fontainebleau | 39 | $1,399,000 | $1,680 | 292 |
| Roney Palace | 51 | $1,299,000 | $1,476 | 214 |
| The Pavilion | 33 | $670,000 | $565 | 193 |
| Seacoast | 34 | $573,500 | $601 | 341 |
| 3 Island Avenue this page | 3 | $495,888 | $576 | 156 |
| The Decoplage | 46 | $492,450 | $724 | 255 |
| Mirador | 54 | $399,500 | $507 | 223 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is 3 Island Avenue right for you?
It helps to know who 3 Island Avenue tends to suit before you tour. 3 Island Avenue suits a range of buyers, from first-time owners to move-up families, who want a home in Miami Beach with the everyday conveniences of the area close by. On price, 3 Island Avenue lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether 3 Island Avenue is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in 3 Island Avenue
3 Island Avenue is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
3 Island Avenue location
3 Island Avenue is located in Miami Beach, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Miami Beach area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in 3 Island Avenue
Buying a home in 3 Island Avenue
The buying process in 3 Island Avenue is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami Beach means you see new listings in 3 Island Avenue the day they reach the market.
Selling in 3 Island Avenue
Selling a home in 3 Island Avenue
Selling a home in 3 Island Avenue starts with pricing it correctly for current conditions. List prices in 3 Island Avenue currently center around $495,888, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for 3 Island Avenue owners in Miami Beach, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your 3 Island Avenue home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in 3 Island Avenue.
Listing agents and seller representation in 3 Island Avenue
Thinking about selling in 3 Island Avenue? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in 3 Island Avenue sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 156 days from listing to accepted offer, so build that into your moving timeline.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving 3 Island Avenue. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: how listing agent commission works · selling when you owe more than the house is worth
Realtors and real estate agents serving 3 Island Avenue
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in 3 Island Avenue is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: how waterfront homes are valued · how South Florida condos are valued · taxes and money when you sell
Buyer's agents in 3 Island Avenue
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in 3 Island Avenue, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · listing photographs, and why they decide the outcome · what Florida sellers have to disclose
Buying Instead?
Search 3 Island Avenue with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in 3 Island Avenue?
Ask any listing agent you interview two questions. Which homes have they closed near 3 Island Avenue, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $495,888 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in 3 Island Avenue?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in 3 Island Avenue, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in 3 Island Avenue?
You are not legally required to use one, but most buyers in 3 Island Avenue do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up 3 Island Avenue property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
More Communities in Miami Beach
Star Island
Waterfront Community
Mirador
Waterfront Community
Roney Palace
Waterfront Community
The Decoplage
Waterfront Community
Fontainebleau
Waterfront Community
Seacoast
Waterfront Community
The Pavilion
Waterfront Community
Central Carillon Beach
Community
Castle Beach Club
Waterfront Community
72 Park
Condominium
The Carriage House
Waterfront Community
Isle Of Normandy Miami
Waterfront Community
Nearby Communities in Miami-Dade County
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