Island Terrace 5 Island Ave Unit 4K Miami Beach, FL 33139
Venetian Islands Neighborhood
1
Bed
1
Bath
680
Sq Ft
1967
Built
Highlights
- Doorman
- Property Fronts a Bay or Harbor
- Community Pool
- North Beach Elementary School Rated A-
- Fitness Center
- 2-minute walk to Belle Isle Park
About This Home
As of April 2025Luxury living on Biscayne Bay across from the Standard Hotel. This beautiful, recently renovated residence offers easy living in a prime waterfront location on Miami Beaches sought after Belle Isle. The enclosed balcony offers additional living space, making the unit larger than the tax record but still affords sweeping views over Belle Isle and the Standard Hotel. New large format porcelain tile floors, modern open kitchen with large serving island and modern bath with glass shower. A Morris Lapidus designed building, 5 Island offers a heated bay front pool, fitness center and 24-hour front desk with onsite management. Your chance to live in one of Miami Beaches most coveted neighborhoods of Belle Isle, an easy walk to Sunset Harbour & Lincoln Rd.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,774
Year Built
- Built in 1967 | Remodeled
Lot Details
- Property Fronts a Bay or Harbor
- North Facing Home
Parking
- 1 Car Garage
- Assigned Parking
Property Views
- Garden
Interior Spaces
- 680 Sq Ft Home
- Blinds
- Ceramic Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Shower Only
Additional Features
- Accessible Elevator Installed
- Patio
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-33-044-0290
Community Details
Overview
- Property has a Home Owners Association
- 139 Units
- Island Terrace Condos
- Island Terrace Condo Subdivision
- 16-Story Property
Amenities
- Doorman
- Laundry Facilities
- Secure Lobby
- Community Storage Space
- Elevator
Recreation
Pet Policy
- Breed Restrictions
Building Details
- Maintenance Expense $1,084
Map
About Island Terrace
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $450,000 | 0.0% | $662 / Sq Ft |
| 02/15/2025 02/15/25 | Price Changed | $450,000 | -6.3% | $662 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $480,000 | -3.0% | $706 / Sq Ft |
| 03/26/2024 03/26/24 | For Sale | $495,000 | +80.0% | $728 / Sq Ft |
| 12/21/2021 12/21/21 | Sold | $275,000 | +2.2% | $404 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
| 11/09/2021 11/09/21 | For Sale | -- | -- | -- |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- |
| 07/27/2021 07/27/21 | For Sale | $269,000 | -- | $396 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,774 | $248,101 | -- | -- |
| 2023 | $3,774 | $240,875 | $0 | $0 |
| 2022 | $3,619 | $233,860 | $0 | $0 |
| 2021 | $4,105 | $212,600 | $0 | $0 |
| 2020 | $4,116 | $212,600 | $0 | $0 |
| 2019 | $4,383 | $226,200 | $0 | $0 |
| 2018 | $4,039 | $214,809 | $0 | $0 |
| 2017 | $3,896 | $204,580 | $0 | $0 |
| 2016 | $3,974 | $204,580 | $0 | $0 |
| 2015 | $3,493 | $158,679 | $0 | $0 |
| 2014 | -- | $144,254 | $0 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Sofia Powell-Cosio Pa | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $47,000 | -- |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11556197
APN: 02-3233-044-0290
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