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Sold for $1,100,000
  • $1,100,000

    5 Island Ave APT 7D, Miami Beach, FL 33139

    2beds
    1,333sqft
    Condominium
    Built in 1967
    -- sqft lot
    $1,113,800 Zestimate®
    $825/sqft
    $7,238 Estimated rent

    Home value

    $1,113,800

    $1.01M - $1.24M

    $7,238/mo

    Zestimate® history
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    What's special

    Contemporary designNeutral colorsBuilt-in linen cabinetCustom day bedsPrivate water closetStandard hotelLarge balcony
    Coveted SW corner unit w/expansive bay & skyline views. Large balcony offers total privacy for sunbathing, relaxing or entertaining. Clean, contemporary design w/simple finishes & neutral colors complement this Morris Lapidus MiMo building. The primary BR is ensuite with dual sinks, built-in linen cabinet & private water closet w/shower & tub. The walk-in closet has open shelving, drawers & flexible hanging areas. 2nd BR features custom day beds & is open to the living room, offering flexibility for an office, studio or guest room. Impact windows/doors, extra wide covered parking space + storage unit. Heated bayside pool, gym & bike storage. Standard Hotel, Belle Isle Park & a CitiBike station are just steps away; Sunset Harbour, Lincoln Road, all within a short walk.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Diffenderfer 305-458-3334,

    Compass Florida, LLC

    Bought with:

    Jeremy Vasquez, 3532650

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A11537294MLS 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
    • Interior Hall, Lobby, Stacked Bedroom, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: High Impact Doors
    • Windows: Blinds, High Impact Windows, Impact Glass
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,333
    • Total interior livable area: 1,333 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, Assigned, Covered
    • Garage spaces: 1
    Features
    • Exterior features: Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Bay, Skyline, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Seawall, Bay
    • Frontage type: Bay/Harbor
    Details
    • Parcel number: 0232330440530

    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: $150
    • Pet fee: $500
    • 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: $1,768 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $825/sqft
    • Tax assessed value: $861,145
    • Annual tax amount: $12,943
    • Date on market: 3/1/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    4/22/2024Sold$1,100,000-4.3%$825/sqft
    Source: MIAMI #A11537294 Report a problem
    4/5/2024Pending sale$1,150,000$863/sqft
    Source: MIAMI #A11537294 Report a problem
    3/13/2024Contingent$1,150,000$863/sqft
    Source: MIAMI #A11537294 Report a problem
    3/1/2024Listed for sale$1,150,000+219.4%$863/sqft
    Source: MIAMI #A11537294 Report a problem
    5/26/2010Sold$360,000-18.2%$270/sqft
    Source: Public Record Report a problem
    11/26/2009Listed for sale$440,000-8.3%$330/sqft
    Source: NRT Florida #M1355746 Report a problem
    10/7/2009Listing removed$480,000$360/sqft
    Source: Majestic Properties #M1262791 Report a problem
    12/8/2008Price change$480,000+15900%$360/sqft
    Source: Majestic Properties #M1262791 Report a problem
    12/6/2008Price change$3,000-99.4%$2/sqft
    Source: Majestic Properties #M1262791 Report a problem
    11/3/2008Listed for sale$490,000+42%$368/sqft
    Source: Majestic Properties #M1262791 Report a problem
    4/27/2004Sold$345,000+146.4%$259/sqft
    Source: Public Record Report a problem
    3/1/1995Sold$140,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,374 +10.8%$861,145 +28.2%
    2024$13,874 +7.2%$671,755 +10%
    2023$12,943 +18.4%$610,687 +10%
    2022$10,930 +12.2%$555,170 +10%
    2021$9,745 -0.3%$504,700
    2020$9,771 -0.1%$504,700
    2019$9,780 +1.5%$504,700 -1.5%
    2018$9,633 $512,254 +3.3%
    2017$9,633 -2.4%$495,713 +10%
    2016$9,867 +11.5%$450,649 +10%
    2015$8,851 +14.9%$409,681 +10%
    2014$7,702 +64.4%$372,438 +10%
    2013$4,685 $338,580 +25.8%
    2012$4,685 +2.4%$269,087 +3%
    2011$4,573 -8.8%$261,250 +15%
    2010$5,013 -3.5%$227,170 -10%
    2009$5,192 -35.5%$252,410 -40.5%
    2007$8,054 +36.1%$424,209
    2006$5,920 --
    2005$5,920 +40.5%--
    2004$4,213 +3.6%--
    2003$4,065 +88.8%--
    2002$2,153 --
    2001$2,153 --
    Find assessor info on the county website

    Neighborhood: Belle Isle

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,113,800
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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
    $1,113,800