Valuation
Who We Are
Blog
Light Theme

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

485,000(-9.28% )
1Beds
1Baths
680SqFt

Save

Details

Save

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: 699 Days
Updated: 649 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 PisaniDouglas Elliman • Buyer Agency Compensation .

    Apples-to-Apples Comparables

    $300/ft²
    $600/ft²
    $900/ft²
    $1,200/ft²
    $440K

    Unit #3K – $647/ft²

    (-2%) from Closed Avg.

    $450K

    Closed Avg. $662/ft²

    Community $/Price Range (Closed) $480/ft² – $1098/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 4K1/1680$662NorthBay, Garden$450,0004/15/2025
    Preview
    Unit: # 4K
    Bed/Bath: 1/1
    Size SqFt: 680
    $/SqFt: $662
    Exposure: North
    View: Bay, Garden
    Sold: $450,000
    Closed Date: 4/15/2025
    THINKING OF SELLING IN Island Terrace at Miami Beach?

    Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

    Similar Listings
    Results 2 of 13
    Arlen Beach, 5701 Collins Ave #307, Miami Beach, Florida 33140, image 1
    $479,000
    • 1 Beds
    • 2 Baths
    • 824 SqFt
    • $581/SqFt
    Condo for sale in Arlen Beach
    5701 Collins Ave #307, Miami Beach, FL 33140
    Welcome to your miami beach oasis at arlen beach located directly on the sand, where relaxation meets style in the heart of mid beach. This beautifully renovated 1 bed, 2 bath condo combines the vibrant energy of miami with the laid-back charm of chic decor. Unit boasts offer ample closet space, 2 full bathrooms, hurricane impact windows, and one assigned parking space. Rent includes water, ac, pest control, wi-fi and cable. Renovated building amenities include: heated pool, sauna, beach service, on site full service restaurant and beauty salon, gym, theater, billiards room and library.
    Oceanside Plaza, 5555 Collins Ave #9S, Miami Beach, Florida 33140, image 1
    $499,000 $20K
    • 1 Beds
    • 1 Baths
    • 912 SqFt
    • $547/SqFt
    Condo for sale in Oceanside Plaza
    5555 Collins Ave #9S, Miami Beach, FL 33140
    Own a lapidus masterpiece – an iconic oceanfront condo on millionaire’s row with built-in income today and prestige forever. Unit 9s features 912 sf, a half wrap-around balcony with stunning intracoastal & city views, marble floors in living areas, and wood flooring in the bedroom. The building is undergoing its spectacular 50-year recertification with major upgrades, enhancing long-term value. A tenant is in place through may 2026, providing steady rental income while you design and submit plans to renovate the interior to match the building’s future elegance. Amenities include direct beach access, oceanfront pool with service, lola fine dining, fitness center, indoor courts, rooftop solarium, valet & 24/7 security. Invest now, collect income, and watch this iconic property transform.
    1 - 2 of 13 Results

    Miami Beach
    High-End Homes & Condos

    Logo

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

    Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.
    HomeSearchValuationProfile