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Sold for $700,000
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  • $700,000

    5 Island Ave APT 11H, Miami Beach, FL 33139

    2beds
    1,302sqft
    Condominium
    Built in 1967
    -- sqft lot
    $707,700 Zestimate®
    $538/sqft
    $6,890 Estimated rent

    Home value

    $707,700

    $623,000 - $807,000

    $6,890/mo

    Zestimate® history
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    What's special

    This move-in ready 2-bedroom, 2-bathroom condo on a high floor offers breathtaking water views of Biscayne Bay. Each bedroom provides unobstructed water views, with ample closet space, including a walk-in closet in the master bedroom. Located on Island Avenue in Miami Beach, Island Terrace offers a host of amenities, including a stunning waterfront pool perfect for enjoying spectacular sunsets. Being on the Venetian Island allows you to enjoy running the Venetian Causeway and walking to the Sunset Harbour neighborhood to explore top Miami restaurants, shops, gyms, and more. This property combines luxurious living with beautiful scenery, making it an ideal home. Best two bedroom deal on all of Island Avenue.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Harr 305-401-7578,

    One Sotheby's International Realty

    Bought with:

    Bryan Harr, 3262393

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11596080MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
    • Laundry: Common Area
    Features
    • Pantry, Stacked Bedroom, Walk-In Closet(s)
    • Flooring: Tile
    • Windows: Blinds
    Interior area
    • Total structure area: 1,302
    • Total interior livable area: 1,302 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, Assigned, Covered
    • Garage spaces: 1
    Features
    • Entry location: First Floor Entry
    • Exterior features: Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Bay, Other
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Seawall, Bay
    • Frontage type: Bay/Harbor
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0232330440970

    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
    • Application fee: $150
    • Pet fee: $150
    • Subdivision: Island Terrace Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Laundry, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Storage, Pool, Trash
    • HOA fee: $1,694 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $538/sqft
    • Tax assessed value: $694,731
    • Annual tax amount: $10,964
    • Date on market: 6/6/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    1/9/2025Sold$700,000-10.3%$538/sqft
    Source: MIAMI #A11596080 Report a problem
    12/4/2024Pending sale$780,000$599/sqft
    Source: MIAMI #A11596080 Report a problem
    10/28/2024Listed for sale$780,000-6%$599/sqft
    Source: MIAMI #A11596080 Report a problem
    10/26/2024Listing removed$3,950$3/sqft
    Source: Zillow Rentals Report a problem
    10/24/2024Price change$3,950-6%$3/sqft
    Source: Zillow Rentals Report a problem
    10/21/2024Price change$4,200-8.7%$3/sqft
    Source: Zillow Rentals Report a problem
    10/14/2024Listed for rent$4,600-5.2%$4/sqft
    Source: Zillow Rentals Report a problem
    10/8/2024Listing removed$4,850-6.7%$4/sqft
    Source: MIAMI #A11652365 Report a problem
    10/5/2024Listing removed$830,000$637/sqft
    Source: MIAMI #A11596080 Report a problem
    9/4/2024Listed for rent$5,200+8.3%$4/sqft
    Source: MIAMI #A11652365 Report a problem
    8/26/2024Price change$830,000-2.3%$637/sqft
    Source: MIAMI #A11596080 Report a problem
    6/6/2024Listed for sale$849,369+61.8%$652/sqft
    Source: MIAMI #A11596080 Report a problem
    8/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/11/2023Price change$4,800+2.1%$4/sqft
    Source: Zillow Rentals Report a problem
    6/9/2023Price change$4,700-2.1%$4/sqft
    Source: Zillow Rentals Report a problem
    4/27/2023Listed for rent$4,800+50%$4/sqft
    Source: Zillow Rentals Report a problem
    12/6/2019Listing removed$3,200$2/sqft
    Source: One Sotheby's International Realty #A10769531 Report a problem
    11/15/2019Price change$3,200-8.6%$2/sqft
    Source: One Sotheby's International Realty #A10769531 Report a problem
    11/8/2019Listed for rent$3,500+6.1%$3/sqft
    Source: One Sotheby's International Realty #A10769531 Report a problem
    11/10/2018Listing removed$3,300$3/sqft
    Source: Owner Report a problem
    10/10/2018Listed for rent$3,300$3/sqft
    Source: Owner Report a problem
    9/26/2018Sold$525,000+0.2%$403/sqft
    Source: BeachesMLS #H10502860 Report a problem
    9/7/2018Pending sale$524,000$402/sqft
    Source: Elite Property Advisors, Inc #H10502860 Report a problem
    8/12/2018Price change$524,000-8.1%$402/sqft
    Source: Elite Property Advisors, Inc #H10502860 Report a problem
    7/19/2018Price change$570,000-8.8%$438/sqft
    Source: Elite Property Advisors, Inc #H10502860 Report a problem
    7/12/2018Listed for sale$625,000$480/sqft
    Source: Elite Property Advisors, Inc #H10502860 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,466 +5.9%$647,972 +10%
    2024$11,767 +7.3%$589,066 +10%
    2023$10,964 +18%$535,515 +10%
    2022$9,293 +8.8%$486,832 +10%
    2021$8,545 +4.7%$442,575 +5%
    2020$8,160 -0.1%$421,500
    2019$8,168 +90.2%$421,500 +56.4%
    2018$4,295 $269,475 +2.1%
    2017$4,295 +1.1%$263,933 +2.1%
    2016$4,249 -0.9%$258,505 +7.9%
    2011$4,286 -1.8%$239,530 +0.5%
    2010$4,364 +10.6%$238,437 +2.7%
    2009$3,947 -2.3%$232,169
    2007$4,039 -11.7%--
    2006$4,572 --
    2005$4,572 +1.5%--
    2004$4,506 -8.9%--
    2003$4,947 +45.1%--
    2002$3,410 --
    2001$3,410 --
    Find assessor info on the county website

    Neighborhood: Belle Isle

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $707,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $707,700