Island Terrace, 5 Island Ave #3K, Miami Beach, FL 33139

485,000(-9.28% )

$440,000

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1Beds

1Baths

680SqFt

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Details

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Status:

Sold - Jan 24, 2024

Parking: 1

Size: 680 SqFt (63 m²)

Price: $647/SqFt ($6,965/m²)

Type: Condo

Built: 1967

HOA: $741/MO

MLS Number: A11495983

View: Bay,Garden,Other

On Site: 668 Days

Updated: 617 Days ago

Page Views: 0

Fully remodeled gem in the heart of belle isle, one of the most sought after neighborhoods in south beach, located just a quick walk away from sunset harbor, lincoln road, and exclusive venetian islands. This gorgeous fully furnished one-bedroom, one-bathroom condo features an open kitchen, a walk-in closet, one assigned parking spot, and a balcony with views of biscayne bay, the standard hotel and belle isle park. Internet and cable are included in the hoa, and the unit comes with a storage space located on the same floor. Laundry facilities next door to the unit. Island terrace is a quiet boutique building with a brand new gym, a beautiful pool overlooking the bay, 24-hour front desk/security, management on site, bike/paddle board storage etc. Assessment ($27,500) was paid by seller.

Features

Bedrooms

Bedrooms: 1

Bathrooms

Bathrooms: 1
Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony
View: Bay,Garden,Other

Interior, Heating and Cooling

Interior Features: BuiltinFeatures, ClosetCabinetry, FirstFloorEntry, KitchenIsland, Elevator
Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
Heating Description: Central
Cooling Description: CentralAir

Building and Construction

Floor Description: Vinyl
Windows/Treatment: Blinds
Year Built: 1967
Year Built Description: Effective Year Built
Style: HighRise

Waterfront and Water Access

Waterfront Frontage: Yes

School Information

Other Property Info

Garage: 1
Listing Date: 2023-12-05T10:50:32.000-00:00
Directions: North
Pets Allowed: Conditional,Yes

Taxes, Fees & More

Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTV, HotWater, Insurance, Internet, Laundry, MaintenanceStructure, Pools, ReserveFund, Sewer, Security, Trash, Water
Taxes: 4893
Security Information: DoorMan, KeyCardEntry, LobbySecured, SecurityGuard, SmokeDetectors
Parking Description: Assigned, Detached, Garage, Guest, OneSpace
Total Floors in Building: 16

Price History

01/24/2024

Date

Sold

Event

$440K

Price

-9.28%

Change Rate

$647 ft² / $6,965 m²

Price Per

12/05/2023

Date

Listed

Event

$485K

Price

$713 ft² / $7,677 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Alena Pisani • Douglas Elliman • Buyer Agency Compensation .

Instant Comps

Closed

Active

$300/ft²

$600/ft²

$900/ft²

$1,200/ft²

Unit #3K – Asking

$647/ft²

(-2%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$662/ft²

Community $/Price Range (Closed) $480/ft² – $1098/ft²

	Unit	Bed/Bath	Size SqFt	$/SqFt	Exposure	View	Sold	Closed Date
	# 4K	1/1	680	$662	North	Bay, Garden	$450,000	4/15/2025

Unit: # 4K

Bed/Bath: 1/1

Size SqFt: 680

$/SqFt: $662

Exposure: North

View: Bay, Garden

Sold: $450,000

Closed Date: 4/15/2025

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