5 Island Ave #10K, Miami Beach, FL 33139
SOLDMAR 27, 2024

5 Island Ave #10K
Miami Beach, FL 33139

Belle Isle
  • 1 Bed
  • 1 Bath
  • 680 sqft
  • 1 Bed
  • 1 Bath
  • 680 sqft

$525,000

Last Sold: Mar 27, 2024
4% below list $545K
$772/sqft
Est. Refi. Payment $3,231/mo*

Homes for Sale Near 5 Island Ave #10K

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 28, 2024
Welcome to residence 10K at Island Terrace in Miami Beach. Located in the coveted Belle Isle, this impeccably designed residence offers panoramic views of the stunning Biscayne Bay and Miami skyline. As you step into this private residence, you'll be greeted by an open-concept kitchen, Italian-designed kitchen cabinets with quartz countertops, travertine floors, impact windows, a contemporary bathroom & custom closets. Island Terrace includes a fitness center, heated pool, 24-hour concierge, & valet parking. In addition, a storage unit is included on the 10th floor. Nestled in a prime location, this is your opportunity to own a piece of paradise in one of Miami Beach's most sought-after neighborhoods.

Home Highlights

Parking
Garage
Outdoor
No Info
View
Bay
HOA
$831/Monthly
Price/Sqft
$772/sqft
Listed
180+ days ago

Home Details for 5 Island Ave #10K

Interior Features

Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 680 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Door: High Impact DoorsFlooring: Tile
Levels, Entrance, & Accessibility
Number of Stories: 16Entry Location: First Floor EntryFloors: Tile
View
Has a ViewView: Bay
Security
Security: Lobby Secured

Exterior Features

Exterior Home Features
Exterior: Open BalconyNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: 1 Space,Assigned,Covered
Pool
Pool: Association
Frontage
Not on Waterfront
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: Condo 5+ Stories, Condo, High RiseArchitecture: Condo 5+ Stories,Condo,High Rise
Building
Building Name: Island Terrace CondoConstruction Materials: CBS ConstructionNot a New Construction
Property Information
Usage of Home: SecondaryParcel Number: 0232330440890

Price & Status

Price
List Price: $545,000Price Per Sqft: $772/sqft
Status Change & Dates
Off Market Date: Tue Feb 27 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Miami BeachCommunity: Island Terrace Condo

Building

Building Area
Building Area: 680 Square Feet

Community

Units in Building: 139

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $831/Monthly

Offer

Contingencies: Association ApprovalListing Terms: All Cash, Conventional

Compensation

Buyer Agency Commission: 3%Buyer Agency Commission Type: %Sub Agency Commission: 1%Sub Agency Commission Type: %Transaction Broker Commission: 3%Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: All Amenities, Building Exterior, Common Area Maintenance, Insurance, Parking, Sewer, Trash Removal, Water

Miscellaneous

Mls Number: A11459768Water ViewWater View: Bay

Additional Information

HOA Amenities: Fitness Center
Last check for updates: 1 day ago
Listed by Alex Algarin, (786) 295-7184
Compass Florida, LLC.
Daniel Har, (954) 292-2430
Compass Florida, LLC.
Bought with: Alex Algarin, (786) 295-7184, Compass Florida, LLC.
Co-Buyer's Agent: Daniel Har, (954) 292-2430, Compass Florida, LLC.
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11459768

Price History for 5 Island Ave #10K

DatePriceEventSource
03/27/2024$525,000Sold
MIAMI #A11459768
03/09/2024$545,000PendingMIAMI #A11459768
02/28/2024$545,000ContingentMIAMI #A11459768
01/23/2024$545,000PriceChange
MIAMI #A11459768
11/05/2023$550,000PendingToActiveMIAMI #A11459768
10/24/2023$550,000PendingMIAMI #A11459768
10/18/2023$550,000ContingentMIAMI #A11459768
09/27/2023$550,000Listed For SaleMIAMI #A11459768
03/05/2021$345,000Sold
N/A
02/10/2021$360,000PendingMIAMI #A10990581
01/28/2021$360,000Listed For SaleMIAMI #A10990581
01/14/1994$73,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$5,244
Assessment$285,510
Home facts updated by county records

Comparable Sales for 5 Island Ave #10K

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$440,000
01/24/24
1
1
680
0.04
Condo
$570,000
09/07/23
1
1
859
0.04
Condo
$550,000
07/14/23
1
1
950
0.12
Condo
$465,000
02/05/24
1
1
400

Assigned Schools

These are the assigned schools for 5 Island Ave #10K.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Belle Isle

  • Mary D.
    "The poor rating for traffic and parking and anything transportation related in TEMPORARY because the city is fixing Alton Road, a huge job. When that's done Island Avenue will go back to a verydecent traffic pattern and reasonable parking and transportation. "
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  • Mary D.
    "Live here. Love it. One of the most livable areas of South Beach. No extravaganza of noise or personality demands. A chic area that is home to families, singles, and those who prefer a better atmosphere than the regular Miami Beach noise machine."
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  • Mary D.
    "It is not a place for the all night crowd, though."
    0
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LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 5 Island Ave #10K

Off Market Homes Near 5 Island Ave #10K

5 Island Ave #10K, Miami Beach, FL 33139 is a 1 bedroom, 1 bathroom, 680 sqft condo built in 1967. 5 Island Ave #10K is located in Belle Isle, Miami Beach. This property is not currently available for sale. 5 Island Ave #10K was last sold on Mar 27, 2024 for $525,000 (4% lower than the asking price of $545,000). The current Trulia Estimate for 5 Island Ave #10K is $527,200.