Sold for $485,000

$485,000

5 Island Ave APT 4E, Miami Beach, FL 33139

1beds

950sqft

Condominium

Built in 1967

-- sqft lot

$484,900 Zestimate^®

$511/sqft

$4,735 Estimated rent

Home value

$484,900

$422,000 - $553,000

$4,735/mo

Zestimate^® history

Owner options

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$4,735/mo

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$4,735/mo

Rent Zestimate^®

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$4,925/mo

Est. payment

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$4,925/mo

Est. payment

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What's special

Renovated bathroomsBay viewsImpact windows

Brand new Impact windows, 1 Covered Parking space in garage, 1 Storage -Large 1 bedroom and 1 1/2 bath sqf unit Bay views open brand new kitchen with stainless steel Appliances and renovated bathrooms. The building is financially stable and has recently completed its SIRS, Special assessment has been paid. Priced to sell! Conveniet location across The Standard Hotel, Belle isle Park, Waterfront living.

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, Electric Range, Refrigerator
Laundry: Common Area

Features

Lobby

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

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

Details

Parcel number: 0232330440240

Construction

Type & style

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

Materials

CBS Construction

Condition

Year built: 1967

Community & HOA

Community

Security: Doorman, Card Entry
Application fee: $100
Pet fee: $0
Subdivision: Island Terrace Condo

HOA

Has HOA: Yes
Amenities included: Laundry, Elevator(s), Pool, Trash
HOA fee: $1,558 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $511/sqft
Tax assessed value: $461,683
Annual tax amount: $8,575
Date on market: 10/17/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
1/2/2026	Pending sale	$500,000+3.1%$526/sqft
Source: MIAMI #A11898815 Report a problem
12/29/2025	Sold	$485,000-3%$511/sqft
Source: MIAMI #A11898815 Report a problem
10/19/2025	Listed for sale	$500,000-2.9%$526/sqft
Source: MIAMI #A11898815 Report a problem
10/16/2025	Listing removed	$515,000$542/sqft
Source: MIAMI #A11852543 Report a problem
8/4/2025	Listed for sale	$515,000-1.9%$542/sqft
Source: MIAMI #A11852543 Report a problem
7/16/2025	Listing removed	$525,000$553/sqft
Source: MIAMI #A11724367 Report a problem
4/30/2025	Price change	$525,000-8.7%$553/sqft
Source: MIAMI #A11724367 Report a problem
1/14/2025	Listed for sale	$575,000-4%$605/sqft
Source: MIAMI #A11724367 Report a problem
7/5/2024	Listing removed	--
Source: BeachesMLS #F10435975 Report a problem
5/23/2024	Price change	$599,000-4.2%$631/sqft
Source: BeachesMLS #F10435975 Report a problem
5/10/2024	Listed for sale	$625,000$658/sqft
Source: BeachesMLS #F10435975 Report a problem
4/6/2024	Listing removed	--
Source: BeachesMLS #F10406487 Report a problem
11/8/2023	Price change	$625,000-7.4%$658/sqft
Source: BeachesMLS #F10406487 Report a problem
10/24/2023	Listed for sale	$675,000+22.7%$711/sqft
Source: BeachesMLS #F10406487 Report a problem
5/31/2022	Sold	$550,000-6%$579/sqft
Source: MIAMI #A11160496 Report a problem
4/3/2022	Contingent	$585,000$616/sqft
Source: MIAMI #A11160496 Report a problem
2/14/2022	Listed for sale	$585,000+69.6%$616/sqft
Source: MIAMI #A11160496 Report a problem
1/20/2017	Sold	$345,000-12.7%$363/sqft
Source: Public Record Report a problem
10/12/2016	Listed for sale	$395,000+11.3%$416/sqft
Source: Willis Wilson & Associates #A10019515 Report a problem
2/17/2016	Sold	$355,000+108.8%$374/sqft
Source: Agent Provided Report a problem
8/8/2002	Sold	$170,000$179/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,661 +1%	$461,683 +1.8%
2024	$8,575 +10.1%	$453,438 +10%
2023	$7,790 +77.9%	$412,217 +50.3%
2022	$4,379 +0.6%	$274,264 +3%
2021	$4,351 +1.3%	$266,276 +1.4%
2020	$4,294 -11.4%	$262,600 -9.8%
2019	$4,849 +0.7%	$291,000 -2%
2018	$4,813	$297,024 +75.1%
2017	$4,813 +96.3%	$169,611 +2.1%
2016	$2,453 -0.6%	$166,123 +0.7%
2015	$2,468 -1.6%	$164,969 +0.8%
2014	$2,509 +3.6%	$163,660 +1.5%
2013	$2,422	$161,242 +1.7%
2012	$2,422 +3%	$158,547 +3%
2011	$2,351 -7.7%	$153,930 -1.4%
2010	$2,547 +10.9%	$156,059 +2.7%
2009	$2,297 -7%	$151,957 +24.2%
2007	$2,469 -11.3%	$122,385
2006	$2,783	--
2005	$2,783 +1.7%	--
2004	$2,735 +116.5%	--
2003	$1,263 +4.7%	--
2002	$1,207	--
2001	$1,207	--