Sold for $972,500

$972,500

11 Island Ave #Penthouse 3, Miami Beach, FL 33139

1beds

1,067sqft

Condominium

Built in 1971

-- sqft lot

$939,800 Zestimate^®

$911/sqft

$4,982 Estimated rent

Home value

$939,800

$818,000 - $1.08M

$4,982/mo

Zestimate^® history

Owner options

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$4,982/mo

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$4,982/mo

Rent Zestimate^®

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$8,308/mo

Est. payment

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$8,308/mo

Est. payment

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What's special

Private balconyWall-to-wall windowsVersatile denSpectacular sunsetsOpen kitchen

The ULTIMATE 1 bedroom PH with den in just-renovated Costa Brava has hit the market! This unique modern home features SPECTACULAR sunsets and breathtaking views of the Miami skyline and Biscayne Bay. PH3 has been transformed to increase its interior space of nearly 1,300 SF, which included raising the ceilings to their maximum height—highest in the building. The versatile den is spacious enough to accommodate a full-size sleeper sofa, providing an additional guest room and home office. The property has an open kitchen, 2 full baths, a private balcony and wall-to-wall windows. Furnishings are offered for purchase, making this home move-in ready. For those seeking something truly extraordinary, there is a rare opportunity to combine units PH3 & PH5 to create an unparalleled luxury residence.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den/Library/Office, Media Room, Recreation Room

Heating

Electric, Heat Pump/Reverse Cycle

Cooling

Central Air

Appliances

Included: Trash Compactor, Dishwasher, Free-Standing Freezer, Microwave, Electric Range, Refrigerator
Laundry: Laundry Room, Common Area

Features

Lobby, Bar, Kitchen Island, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Storage, Elevator
Flooring: Marble
Doors: High Impact Doors
Windows: Complete Impact Glass, High Impact Windows, Impact Glass

Interior area

Total interior livable area: 1,067 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Additional Spaces Available, Assigned, Covered, Guest, Parking-Under Building, Valet
Attached garage spaces: 1

Features

Patio & porch: Deck
Exterior features: Barbecue, Balcony
Pool features: Association
Has view: Yes
View description: Bay, Intracoastal View, Skyline, Water
Has water view: Yes
Water view: Bay,Intracoastal View,Water
Waterfront features: Waterfront

Details

Parcel number: 0232330412080

Construction

Type & style

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

Materials

Concrete Block Construction, CBS Construction

Condition

Year built: 1971

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured, Security Service
Application fee: $150
Pet fee: $0
Subdivision: Costa Brava Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike Storage, Billiard Room, Boat Dock, Business Center, Laundry, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Storage, Marina, Pool, Trash
HOA fee: $1,591 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $911/sqft
Tax assessed value: $796,433
Annual tax amount: $8,595
Date on market: 1/30/2025
Listing terms: All Cash,Conventional
Ownership: Self Proprietor/Individual

Price history

Date	Event	Price
4/14/2025	Sold	$972,500-7.3%$911/sqft
Source: MIAMI #A11732581 Report a problem
4/3/2025	Pending sale	$1,049,000$983/sqft
Source: MIAMI #A11732581 Report a problem
2/11/2025	Price change	$1,049,000-8.8%$983/sqft
Source: MIAMI #A11732581 Report a problem
1/30/2025	Listed for sale	$1,150,000+87%$1,078/sqft
Source: MIAMI #A11732581 Report a problem
7/6/2016	Sold	$615,000+61.8%$576/sqft
Source: Public Record Report a problem
1/12/2005	Sold	$380,000+47%$356/sqft
Source: Public Record Report a problem
3/27/2003	Sold	$258,500+53.9%$242/sqft
Source: Public Record Report a problem
3/2/1999	Sold	$168,000$157/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,844 +2.9%	$513,069 +2.9%
2024	$8,595 +2.7%	$498,610 +3%
2023	$8,370 +3.9%	$484,088 +3%
2022	$8,056 +0.4%	$469,989 +3%
2021	$8,020 +1.2%	$456,300 +1.4%
2020	$7,922 +0.6%	$450,000 +0.7%
2019	$7,872 +1.7%	$447,000 -1.3%
2018	$7,740	$452,660 -8.9%
2017	$7,740 -18.2%	$496,672 +78.2%
2016	$9,458 +102%	$278,683 +0.7%
2015	$4,683 -1.7%	$276,746 +0.8%
2014	$4,762 +3%	$274,550 +1.5%
2013	$4,621	$270,493 +1.7%
2012	$4,621 +2.5%	$265,972 +3%
2011	$4,510 -4.4%	$258,226 +1.5%
2010	$4,717 -17.4%	$254,410 -20%
2009	$5,713 -14.2%	$318,010 -3.7%
2007	$6,659 -1%	$330,070
2006	$6,729	--
2005	$6,729 +38.2%	--
2004	$4,867 +64.2%	--
2003	$2,964 +3.3%	--
2002	$2,871	--
2001	$2,871	--