Closed

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

485,000(-9.28% )
$440,000Price
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: 608 Days
Updated: 558 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 .

    Instant Comps

    $300/ft²
    $400/ft²
    $600/ft²
    $800/ft²

    Unit #3K – Asking

    $647/ft²

    (-2%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $662/ft²
    Community $/Price Range (Closed) $480/ft² – $662/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 4K1/1680$662NorthBay, Garden$450,0004/15/2025
    Unit: # 4K
    Bed/Bath: 1/1Size SqFt: 680$/SqFt: $662Exposure: NorthView: Bay, GardenSold: $450,000Closed Date: 4/15/2025
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