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Sold for $670,000
  • $670,000

    5 Island Ave APT 10E, Miami Beach, FL 33139

    1beds
    950sqft
    Condominium
    Built in 1967
    -- sqft lot
    $642,700 Zestimate®
    $705/sqft
    $4,735 Estimated rent

    Home value

    $642,700

    $585,000 - $707,000

    $4,735/mo

    Zestimate® history
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    What's special

    Magnificent, modern, and fully renovated bayfront oasis! Enjoy direct SW views of Biscayne Bay and sunsets over the Miami skyline from your private terrace. Your new home features an open kitchen with modern Quartz waterfall counters; Whirlpool/Bosch appliances; reverse osmosis water filter; oversized living room with large terrace; hurricane impact sliding doors and window; huge master suite with blackout blinds, custom walk-in closet, and stylish bathroom with dual vanities and abundant storage cabinets. Also includes large storage locker on the same floor. Island Terrace was designed by famed art deco architect Morris Lapidus and is located in the heart of Miami Beach, walking distance to popular Sunset Harbor shops and restaurants. Furniture negotiable.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Leah Holst 786-477-3040,

    Fortune International Realty

    Bought with:

    Giovanni Tosi, 3204104

    Tosi Real Estate

    Source: MIAMI,MLS#: A11509661MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Water Purifier, Electric Range, Refrigerator, Self Cleaning Oven, Oven
    • Laundry: Common Area
    Features
    • Elevator
    • Flooring: Vinyl
    • Doors: High Impact Doors
    Interior area
    • Total structure area: 950
    • Total interior livable area: 950 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space
    • Garage spaces: 1
    Features
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Private Pool
    • Has view: Yes
    • View description: Bay, Skyline, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Bay
    • Frontage type: Bay/Harbor
    Details
    • Parcel number: 0232330440840

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 1967

    Community & HOA

    Community
    • Security: Fire Alarm, Smoke Detector, Doorman, Lobby Secured, TV Camera
    • Application fee: $100
    • Subdivision: Island Terrace Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Laundry, Community Room, Elevator(s), Fitness Center, Storage, Trash, Car Wash Area
    • HOA fee: $1,287 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $705/sqft
    • Tax assessed value: $489,813
    • Annual tax amount: $4,886
    • Date on market: 1/8/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    10/8/2025Listing removed$4,300$5/sqft
    Source: MIAMI #A11865646 Report a problem
    9/22/2025Price change$4,300-4.4%$5/sqft
    Source: MIAMI #A11865646 Report a problem
    8/26/2025Listed for rent$4,500$5/sqft
    Source: MIAMI #A11865646 Report a problem
    5/1/2024Sold$670,000-1.5%$705/sqft
    Source: MIAMI #A11509661 Report a problem
    3/22/2024Pending sale$679,950$716/sqft
    Source: MIAMI #A11509661 Report a problem
    1/8/2024Listed for sale$679,950-2.2%$716/sqft
    Source: MIAMI #A11509661 Report a problem
    7/24/2023Listing removed--
    Source: MIAMI #A11168146 Report a problem
    3/31/2023Listing removed$695,000$732/sqft
    Source: MIAMI #A11168146 Report a problem
    3/31/2023Listed for sale$695,000-0.7%$732/sqft
    Source: MIAMI #A11168146 Report a problem
    4/12/2022Listing removed--
    Source: MIAMI #A11168146 Report a problem
    3/8/2022Listed for sale$699,950+78.1%$737/sqft
    Source: MIAMI #A11168146 Report a problem
    3/14/2018Sold$393,000-10.5%$414/sqft
    Source: Public Record Report a problem
    11/30/2017Price change$439,000-0.5%$462/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    11/23/2017Price change$441,000-0.5%$464/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    10/9/2017Price change$443,000-1.3%$466/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    10/7/2017Price change$449,000+0.9%$473/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    9/29/2017Price change$445,000-0.2%$468/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    9/23/2017Price change$446,000-0.2%$469/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    9/21/2017Price change$447,000-0.4%$471/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    9/2/2017Price change$449,000-1.3%$473/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    8/18/2017Listed for sale$455,000+125.2%$479/sqft
    Source: Realty Group of Miami, LLC #A10330047 Report a problem
    7/31/2002Sold$202,000+137.6%$213/sqft
    Source: Public Record Report a problem
    6/1/1994Sold$85,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,189 +82.8%$489,813 +58.7%
    2024$5,026 +2.9%$308,695 +3%
    2023$4,886 +4.1%$299,704 +3%
    2022$4,692 +0.6%$290,975 +3%
    2021$4,664 +1.3%$282,500 +1.4%
    2020$4,604 -10.1%$278,600 -8.7%
    2019$5,120 -12.7%$305,000 -0.7%
    2018$5,867 $307,132 +10%
    2017$5,867 +6.7%$279,211 +10%
    2016$5,501 +11.6%$253,829 +10%
    2015$4,929 +14.8%$230,754 +10%
    2014$4,293 +21%$209,777 +10%
    2013$3,549 $190,707 +10%
    2012$3,549 +6.8%$173,370 +8%
    2011$3,323 -15.6%$160,530 -10%
    2010$3,936 -3.5%$178,370 -10%
    2009$4,077 -39.3%$198,190 -40.5%
    2007$6,720 +44.6%$333,080
    2006$4,648 --
    2005$4,648 +12.8%--
    2004$4,119 +22%--
    2003$3,377 +45.1%--
    2002$2,327 --
    2001$2,327 --
    Find assessor info on the county website

    Neighborhood: Belle Isle

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $642,700
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    Estimated market value
    $642,700