Sold for $725,000

$725,000

11 Island Ave APT 705, Miami Beach, FL 33139

2beds

1,324sqft

Condominium

Built in 1972

-- sqft lot

$877,000 Zestimate^®

$548/sqft

$6,594 Estimated rent

Home value

$877,000

$781,000 - $991,000

$6,594/mo

Zestimate^® history

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$6,594/mo

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$6,594/mo

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$4,962/mo

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$4,962/mo

Est. payment

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What's special

Located on tranquil Belle Isle, this spacious 2 bedrooms/2 full bathrooms condo offers breathtaking views of Biscayne Bay, Port of Miami and the world-famous Miami skyline. A good-sized kitchen with the potential to become a “chef’s kitchen”, spacious living room and dining room, a master bedroom with its own renovated ensuite bathroom, walk in closets and plenty of storage for both bedrooms. The second full bathroom has a newly renovated large stall shower. One parking space in a privileged location very close to the elevator in the main lobby. This condo unit is in very good condition and is ready to be updated. Costa Brava is completing an extensive renovation that has included new elevators, hallways and a marvelous designer lobby that will be completed by March/April 2024.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator
Laundry: Common Area

Features

Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Blinds

Interior area

Total structure area: 1,324
Total interior livable area: 1,324 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned, Covered, Valet, No Rv/Boats, No Trucks/Trailers
Attached garage spaces: 1

Features

Entry location: First Floor Entry
Exterior features: Balcony
Has view: Yes
View description: Bay, Pool, Skyline
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Lot

Features: East Of Us1

Details

Parcel number: 0232330410450

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 1972

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Smoke Detector, Doorman, Card Entry, Lobby Secured
Application fee: $150
Subdivision: Costa Brava Condo

HOA

Has HOA: Yes
Amenities included: Basketball Court, Bike Storage, Billiard Room, Boat Dock, Business Center, Laundry, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Storage, Pool, Trash, Car Wash Area

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $548/sqft
Tax assessed value: $601,879
Annual tax amount: $8,179
Date on market: 10/30/2023
Listing terms: All Cash,Cash,Conventional

Price history

Date	Event	Price
6/12/2025	Listing removed	$8,950$7/sqft
Source: Zillow Rentals Report a problem
5/21/2025	Price change	$8,950+5.3%$7/sqft
Source: Zillow Rentals Report a problem
5/15/2025	Listed for rent	$8,500-5.6%$6/sqft
Source: Zillow Rentals Report a problem
5/7/2025	Listing removed	$9,000$7/sqft
Source: Zillow Rentals Report a problem
4/9/2025	Listed for rent	$9,000$7/sqft
Source: Zillow Rentals Report a problem
3/6/2024	Sold	$725,000-0.5%$548/sqft
Source: MIAMI #A11473996 Report a problem
2/12/2024	Pending sale	$729,000$551/sqft
Source: MIAMI #A11473996 Report a problem
1/31/2024	Price change	$729,000-4%$551/sqft
Source: MIAMI #A11473996 Report a problem
1/19/2024	Price change	$759,000-3.9%$573/sqft
Source: MIAMI #A11473996 Report a problem
1/2/2024	Price change	$790,000-6.9%$597/sqft
Source: MIAMI #A11473996 Report a problem
12/2/2023	Price change	$849,000-4.6%$641/sqft
Source: MIAMI #A11473996 Report a problem
10/31/2023	Listed for sale	$890,000+535.7%$672/sqft
Source: MIAMI #A11473996 Report a problem
5/24/1994	Sold	$140,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,291 +6.9%	$601,879 +23.4%
2024	$10,567 +11.4%	$487,811 +10%
2023	$9,486 +16%	$443,465 +10%
2022	$8,179 +15.6%	$403,150 +10%
2021	$7,076 -0.3%	$366,500
2020	$7,095 -2.3%	$366,500 -2.2%
2019	$7,263 -11.3%	$374,800 -13.9%
2018	$8,187	$435,362 +3.6%
2017	$8,187 -5.8%	$420,192 +10%
2016	$8,688 +18.5%	$381,993 +10%
2015	$7,331 +9.2%	$347,267 +10%
2014	$6,715 +22.4%	$315,698 +10%
2013	$5,486	$286,999 +10%
2012	$5,486 +8%	$260,909 +10%
2011	$5,079 +2.5%	$237,190 +5.6%
2010	$4,957 -14.2%	$224,640 -20%
2009	$5,776 -22%	$280,800 -23.5%
2007	$7,405 +24.6%	$367,060
2006	$5,942	--
2005	$5,942 +12.8%	--
2004	$5,265 +17.2%	--
2003	$4,491 +46.5%	--
2002	$3,065	--
2001	$3,065	--