Terrace Towers Unit #14D
Rent
US$10,500
US$1,000 (8.7% price drop)
Address:
3 Island Avenue, Miami Beach, FL 33139
Area:
South Beach (SoBe)
Location:
Bayfront
Year built:
1962
Bedrooms:
0 to 2
Units:
8 total — 1 for rent
Pet friendly:
Contact for pet restriction
Rental price range:
US$10,500 to US$10,500/mo
TERRACE TOWERS RENTAL GUIDE
Is Terrace Towers Right for You?
Terrace Towers sits on Belle Isle at 3 Island Avenue, bayfront on the Venetian Causeway. Renters look here for classic Belle Isle bay living in an older mid-rise — not for beach access from the building. The approval path can differ from a typical condo because this building is often described as a cooperative.
Finishes, furniture, parking, and bay outlook still depend on the individual residence. Dock access is not automatic with every lease. Confirm the current board or association package before you plan the timeline.
Good Fit If
- You want bayfront Belle Isle living in a classic mid-rise.
- You are prepared for a co-op-style approval process if that is how the building operates now.
- You are comfortable walking or riding to the beach rather than living oceanfront.
Compare Other Options If
- You prefer a conventional condo tower such as Island Terrace or Costa Brava.
- You want Sunset Harbour sidewalks at Sunset Harbour North.
- You need oceanfront, such as Decoplage or Roney Palace.
Why Rent at Terrace Towers?
Renters choose Terrace Towers when Belle Isle bay living and a quieter Venetian Islands address matter more than Collins Avenue.
Bayfront Belle Isle Address
The building faces Biscayne Bay on the Venetian Islands. Water in the view is not beach access at the door. Beach days still mean heading east across Miami Beach.
Classic Mid-Rise Feel
This is an older Belle Isle residential building with a quieter profile than hotel-lobby oceanfront towers. Confirm lobby, pool, and shared-space condition for the residence you lease.
Near Sunset Harbour
Once you leave Belle Isle, Sunset Harbour grocery and dining are a short trip. Many renters treat that pocket as their everyday shopping zone.
Ownership Structure Matters
Broker and local materials often describe Terrace Towers as a cooperative rather than a conventional condo. That can change the approval path, so verify the current process for the unit you want.
Things to Consider Before Renting at Terrace Towers
Ownership type, building age, and bay-versus-beach are the main considerations.
Co-op Approval Can Differ
If the building operates as a cooperative, board review can be stricter or slower than a typical condo association. Get the current application package early and do not assume condo timelines.
Bayfront Is Not Beachfront
If direct beach access is required, start with oceanfront buildings instead of assuming bay living covers that need.
Older Residences Vary
Kitchens, baths, flooring, and windows change unit by unit. Inspect the exact residence and ask what building projects are underway.
Pets and Parking Need Confirmation
Some broker materials describe pet limits. Confirm parking and pet rules in writing for the residence you want.
Renting at Terrace Towers: What to Know
Renting at Terrace Towers means a landlord lease plus board or association approval for the numbered residence. Confirm whether the building is treating your application as a co-op or condo package.
- Approval package: Ask for the current Terrace Towers tenant or occupant application, fees, insurance, occupants, guests, pets, parking, and move instructions for 3 Island Avenue only.
- Lease term: Confirm the minimum stay and any rental-frequency rules that apply now. Do not rely on Island Terrace or Costa Brava rules.
- Move-in: Reserve elevators or move windows, and confirm deposits, keys, remotes, and parking before the truck arrives.
- Timeline: Build extra lead time if board interviews or co-op-style reviews apply.
Association requirements can change. Verify the current application package before signing or applying.
Compare Terrace Towers With Similar South Beach (SoBe) Buildings
If you are considering Terrace Towers, compare neighboring Belle Isle condos and an oceanfront alternative.
Island Terrace
Island Terrace at 5 Island Avenue is a nearby Belle Isle condo with a similar classic mid-rise bay setting. Compare it when you want a conventional condo approval path rather than a co-op-style process.
Costa Brava
Costa Brava is a larger full-service Belle Isle tower. Use it when scale, marina marketing, and a conventional condo structure matter more.
Decoplage
Decoplage is oceanfront at Lincoln Road. Compare it when beach access from the building matters more than bay living on Belle Isle.
MLS List of Available Condos for Lease at the Terrace Towers
About the Terrace Towers
Terrace Towers is a luxury building in the South Beach (SoBe) area with Bayfront location. There are currently 1 condos for lease with 0 to 2 bedrooms. Rental prices starts at US$10,500. Rentals are in high demand on this building so contact us to schedule a showing. We are specialized in long term rentals.
