Closed

Island Terrace, 5 Island Ave #4E, Miami Beach, FL 33139

585,000(-5.98% )
$550,000Price
1Beds
11/2Baths
950SqFt

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Details

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Status:
Sold - May 31, 2022
Parking: 1
Size: 950 SqFt (88 m2)
Price: $579/SqFt ($6,232/m2)
Type: Condo
Built: 1967
HOA: N/A
MLS Number: A11160496
View: Bay
On Site: 1264 Days
Updated: 1156 Days ago
Page Views: 0
Rare opportunity to own a top-of-the-line condominium in an exclusive belle island building boasting panoramic waterviews and in-house amenities worthy of a boutique hotel, starting with a 24-hour concierge, bayside swimming pool, state-of-the-art fitness facilities, plus complimentary parking for residents and guests. This sun-splashed, 950 -square-foot unit enjoys a breathtaking location on the 4th floor and features one bedroom, one full and one-half baths, oversized windows, and an open living/dining/kitchen area that’s spectacular for entertaining. One parking space comes with this unit, along with added bonuses such as wood flooring, stainless-steel kitchen appliances, a new a/c unit, and custom window treatments.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, Deck, ShuttersElectric
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BuiltinFeatures
  • Equipment / Appliances: Dishwasher
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Wood
  • Year Built: 1967
  • Year Built Description: Condo-Conversion
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2022-02-14T17:53:39.127-00:00
    • Pets Allowed: DogsOK,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTV, HotWater, Internet, Laundry, Parking, PestControl, ReserveFund, Sewer, Security, Trash, Water
    • Taxes: 4351
    • Parking Description: OneSpace
    • Total Floors in Building: 16

    Price History

    05/30/2022

    Date

    Sold

    Event

    $550K

    Price

    -5.98%

    Change Rate

    $579 ft2 / $6,232 m2

    Price Per

    02/14/2022

    Date

    Listed

    Event

    $585K

    Price

    $616 ft2 / $6,628 m2

    Price Per

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

    Listed by Melissa RubinCompass Florida, LLC. • Buyer Agency Compensation .

    Instant Comps

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

    Unit #4E – Asking

    $579/ft²

    (+2%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $565/ft²
    Community $/Price Range (Closed) $480/ft² – $662/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 4F1/1950$480South, West, NorthBay, City, Intercoastal$456,2506/20/2025
    # 14G1/1950$651South, West, NorthBay, City, Intercoastal$618,0001/7/2025
    Unit: # 4F
    Bed/Bath: 1/1Size SqFt: 950$/SqFt: $480Exposure: South, West, NorthView: Bay, City, IntercoastalSold: $456,250Closed Date: 6/20/2025
    Unit: # 14G
    Bed/Bath: 1/1Size SqFt: 950$/SqFt: $651Exposure: South, West, NorthView: Bay, City, IntercoastalSold: $618,000Closed Date: 1/7/2025
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