Island Terrace, 5 Island Ave #8B, Miami Beach, FL 33139

559,000(-1.97% )
$548,000Price
1Beds
1 1/2Baths
950SqFt

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Details

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Status:
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Parking: 1
Size: 950 ft2 / 88 m2
Price: $577 ft2 / $6,209 m2
Built: 1967
HOA: $1,559/MO
MLS Number: A11676898
View: Bay,Water
On Site: 170 Days
Updated: 6 Days ago
Page Views: 0
Beautifully appointed & remodeled 1 bedroom, 1.5-bathroom condo at island terrace, a boutique waterfront building on highly desired belle isle by venetian causeway, miami beach. Unit in great condition! Enjoy north, ne and west water views towards the bay, miami, and miami beach from the open balcony with new impact door. Stunning downtown and bay views from pool / Patio. Bathrooms are renovated modern. The kitchen has new lg appliances. Maintenance fee includes reserves, hot water, cable, internet, fully equipped exercise room, swimming pool, work from home space, 24/7 concierge. Island terrace was designed by famed architect morris lapidus. Just a 10-min. Drive to downtown. Walk to lincoln rd, trader joes, and more. Enjoy the wonderful park w/dog pk on belle isle.

Features

Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: 1
Exterior and Lot Features
Exterior Features: Balcony, StormSecurityShutters
View: Bay,Water

Price History

03/26/2025

Date

Price Reduced

Event

$548K

Price

-1.97%

Change Rate

$577 ft2 / $6,209 m2

Price Per

03/10/2025

Date

Price Increased

Event

$559K

Price

1.73%

Change Rate

$588 ft2 / $6,334 m2

Price Per

01/15/2025

Date

Price Reduced

Event

$549.5K

Price

-5.26%

Change Rate

$578 ft2 / $6,226 m2

Price Per

10/16/2024

Date

Listed

Event

$580K

Price

$611 ft2 / $6,572 m2

Price Per

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

Listed by Lisa FoxColdwell Banker Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

$400/ft²
$500/ft²
$700/ft²
$1,000/ft²

Unit #8B – Asking

$577/ft²

(-13%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$660/ft²
Community $/Price Range (Closed) $538/ft² – $825/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 14G1/1950$651South, WestBay, City, Intercoastal$618,0001/7/2025
# 16E1/1950$600WestBay, Water$570,0005/15/2024
# 91/1950$684South, WestBay, Water, City, Intercoastal, Pool, Ocean$650,0005/13/2024
# 101/1950$705South, WestBay, Water, City, Intercoastal, Pool, Ocean$670,0004/29/2024
Unit: # 14G
Bed/Bath: 1/1Size SqFt: 950$/SqFt: $651Exposure: South, WestView: Bay, City, IntercoastalSold: $618,000Closed Date: 1/7/2025
Unit: # 16E
Bed/Bath: 1/1Size SqFt: 950$/SqFt: $600Exposure: WestView: Bay, WaterSold: $570,000Closed Date: 5/15/2024
Unit: # 9
Bed/Bath: 1/1Size SqFt: 950$/SqFt: $684Exposure: South, WestView: Bay, Water, City, Intercoastal, Pool, OceanSold: $650,000Closed Date: 5/13/2024
Unit: # 10
Bed/Bath: 1/1Size SqFt: 950$/SqFt: $705Exposure: South, WestView: Bay, Water, City, Intercoastal, Pool, OceanSold: $670,000Closed Date: 4/29/2024
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