3 Island Ave · Miami Beach, FL 33139 · South Beach

Belle Isle

15-story tower, completed 1962, 141 residences in South Beach. 6 for sale on Nov 2, 2026.

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At a glance Belle Isle (3 Island Ave, South Beach) is a 15-story, 141-unit building completed in 1962. As of Nov 2, 2026, 6 units are for sale and none for rent; the median closed price was $705 per square foot over 15 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
6
For rent
0
Median $/SF
$70515 sales · 12 mo
Sold
15last 12 months
Built
1962
Floors
15
Residences
141county
Flood zone
AEFEMA
Owner-occupied
30%
Avg. unit
972sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Belle Isle.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

Belle Isle, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

55 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 5
  • Sold or leased, last 12 months 16
  • Seen in the MLS before that 34
  • No MLS record seen 101
ABCDEFGHIJKL153105ABCDEFGHIJKL153105Floors 1 to 2: no unit seen in the MLSFloors 1 to 2: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen55of 141 residences on record
Floors with units12floors 3 to 15
Lines12stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 11 to 15$692/SF · 4 sales
Middle floorsfloors 7 to 10$734/SF · 13 sales
Lower floorsfloors 3 to 6$974/SF · 3 sales

Closed $/SF figures use the 20 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line G closed highest per square foot: a median $763/SF over 3 sales in 24 months. The largest typical unit is line I, a median 1,381 sf over 5 units seen, recorded with 2 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line A3544 sfStudio11 sale, too few
Line B4848 sf11–
Line C41,283 sf2–2 sales, too few
Line D61,316 sf2–2 sales, too few
Line E4851 sf1–1 sale, too few
Line F2892 sf1–1 sale, too few
Line G7859 sf1–$763 3 sales
Line H4859 sf1–$698 3 sales
Line I51,381 sf2–2 sales, too few
Line J7919 sf1–2 sales, too few
Line K3861 sf111 sale, too few
Line L6881 sf122 sales, too few

4 units in the record sit outside this grid (PH-G, PHD, PHD 15D, PHK): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Belle Isle.

Activity as of Nov 2, 2026
  • Resale +107%. The median closed price moved from $340/SF in 2020 (6 sales) to $705/SF in 2026 (13 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 7.7%. A year of rent at the median $4.53/SF/mo (4 leases) against the median $705/SF sale (15 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run -9% against closings. Sellers ask a median $642/SF (6 listings) against $705/SF closed (15 sales, 12 months). Asks are priced close to what actually closes here.
  • Sells in a median 119 days. Days on market across the 15 sales closed in the last 12 months.
  • An owners' building. Sales outnumbered leases 4 to 1 over the last 12 months (15 sales, 4 leases).

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #11 of 345 · biggest $/sf change since 2021+87.8% median $/SF since 2021 ($375 to $705) · n 23 · Calendar 2021 vs Oct 2025 to Sep 2026
  • #62 of 584 · highest sales turnover14.2% of units sold in 24 months · n 20 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Belle Isle is a 15-story tower at 3 Island Ave in South Beach, completed in 1962. County folio records count 141 residences, averaging 972 SF of living area.

Six units were for sale on November 2, 2026, asking $350K to $850K (median ask $642/SF across 6 listings). 15 sales closed between November 2, 2025 and November 2, 2026, from $285K to $1.4M, a median $705/SF, after a median 119 days on the market. In the 12 months before that, five sales closed at a median $760/SF, so the median fell 7%. Across 50 recorded sales since 2020, the best year by median price per square foot was 2025, at $758 over 6 sales. That 12-month median ranks 38th of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up 13 of the 20 sales in the last 24 months, at a median $600,000.

Four leases were signed over the same 12 months, at a median $4,175 a month (range $3,650 to $9,500). Sales outnumbered leases 4 to 1 over that year.

County records show 30% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
3 Island Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1962
Floors
15
Residences (county-verified)
141
Owner-occupied
30% of residences
Avg. unit size
972 sq ft
Total living area
137,017 sq ft
County condo folios
141
Recorded MLS listings
93

The numbers at Belle Isle.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

$379$758$3402020$3752021$6042022$6722023$7342024$7582025$7052026$379$758$3402020$3752021$6042022$6722023$7342024$7582025$7052026
Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)13$7054$4,175/mo
20256$7582$3,775/mo*
20246$7349$4,750/mo
20234$67211$5,000/mo
20227$6043$4,200/mo
20218$3754$2,850/mo
20206$3403$2,150/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

Studio$524/SF · 1 sale*
1 bedroom$698/SF · 9 sales
2 bedrooms$894/SF · 5 sales

* Pale bars: fewer than three sales, so the bar is the sale itself or the average of two, too few for a median.

Medians need three or more sales. How these numbers are made

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $340 (6 sales). In the last 12 months: $705 (15 sales). Change: +107%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 50 sales · 36 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 20

UnitBDBASFAskedClosed$/SFClose dateDOM
08I221,381$1,495,000$1,350,000$978Sep 4, 202681
08A01544$305,000$285,000$524May 28, 2026125
09E11851$635,000$600,000$705May 21, 2026185
09D221,287$1,200,000$1,150,000$894May 21, 2026185
08L11.5858$689,000$630,000$734Apr 30, 202622
09L11858$445,000$408,000$476Apr 27, 202647
06H11859$634,888$600,000$698Apr 9, 202657
15C221,283$825,000$800,000$624Apr 9, 2026140
08H11859$599,888$550,000$640Feb 26, 202671
09H11.5859$1,050,000$975,000$1,135Feb 25, 202670
09I221,381$1,550,000$1,450,000$1,050Feb 20, 2026135
10K11861$410,000$400,000$465Feb 17, 2026691
10D221,287$1,200,000$1,000,000$777Feb 2, 2026123
11G11859$799,888$655,000$763Nov 14, 202584
12J11863$470,888$455,000$527Nov 7, 2025119
8G11859$659,000$649,000$756Jun 20, 202532
07J11863$465,000$440,000$510May 27, 2025176
12C221,283$1,050,000$975,000$760Mar 31, 202527
5F11.5873$899,000$855,000$979Feb 26, 202584
06G11859$879,000$837,000$974Dec 20, 20242

Leases signed Nov 2, 2025 to Nov 2, 2026 · 4

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
07C221,283$4,250/mo$4,250/mo$3.31Mar 1, 202698
PHD221,287$9,900/mo$9,500/mo$7.38Jan 27, 202630
PHK11861$3,700/mo$3,650/mo$4.24Jan 20, 20265
7E11851$4,100/mo$4,100/mo$4.82Jan 1, 202633

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Belle Isle.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 9 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1992

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1962 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Belle Isle

5 more nearby

Smaller buildings close by: Capri South Beach Building A (520 m) · The Zen (590 m) · Emil Luxury (600 m) · 15 Bay Road Residences (720 m) · West Bay Building (800 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Belle Isle's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Belle Isle lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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