Island Terrace #3K

Sold 01/24/2024
5 Island Ave, Miami Beach, FL 33139
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Beds
1
Baths
1
680
Built
1967

Description

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.

Key Details

City / Neighborhood
Miami Beach /Venetian Islands
Building Name
MLS #
A11495983
Price / Sq Ft
$713
Association Fee
$741/month
Tax Amount
$4,893/y
Pets
Pets OK for owners & renters, Large Pets not allowed for owners & renters
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Unit Features

Furnished
Yes
View
Bay, Garden View, Other View
Waterfront
Yes
Water Access
None
Windows/Treatment
Blinds
Front Exposure
North
Floor
Vinyl
Exterior Features
Open Balcony, Open Balcony
Unit Floor #
3

Building Amenities

Pool/Spa
Pool, Heated Pool
General Amenities
Common Laundry, Elevator, Extra Storage, Trash Chute, Bike Storage
Sport/Fitness
Exercise Room
Parking
Yes, Garage, Covered, 1 Space, Assigned, Guest, Limited # Of Vehicle, No Rv/Boats
# of Stories
16

CondoBlackBook.com and Blackbook Properties are not responsible for the accuracy of the Island Terrace condos in Venetian Islands Miami Beach information listed above. The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective Miami Beach area condos consumers may be interested in purchasing. Data provided is deemed reliable but not guaranteed. Listing provided by Douglas Elliman.

Floor Plan

Bummer!
We didn’t find an exact floor plan match
for this unit, but we can likely get it for you.

Financing for Island Terrace

In the past 6 months, 5% was the lowest down payment made for a purchase in Island Terrace
Please contact us for more financing information or to get preapproved

Condo Value Estimate

Buyers and Sellers can use this third-party automated valuation as a starting point for the potential condo sale value at Island Terrace. The actual value of the condo is based on many factors that may not always be available in an automated valuation, so we suggest you contact us for an opinion from one of our real estate experts.
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Price History of Island Terrace #3K

Please, select Sales or Rental option to see coresponding history
Date
Event
Price
$/ SqFt
9/27/2023
Listing removed
$3,750/mo
$5.51
7/12/2023
Listed for rent
$3,750/mo
$5.51
2/2/2023
Rented
$3,750/mo
$5.51
1/20/2023
Under contract
$3,750/mo
$5.51
11/29/2022
Listed for rent
$3,750/mo
$5.51
5/29/2022
Rented
$3,500/mo
$5.15
5/10/2022
Under contract
$3,500/mo
$5.15
3/27/2022
Listed for rent
$3,500/mo
$5.15
1/25/2024
Sold
$440,000
$647
1/24/2024
Sold
$440,000 -9.28%
$647
1/10/2024
Under contract
$485,000
$713
12/11/2023
Listing removed
$485,000
$713
12/5/2023
Listed for sale
$485,000
$713
7/12/2023
Listed for sale
$485,000
$713
5/3/2023
Listing removed
$499,000
$733
3/30/2023
Price change
$499,000 -5.85%
$733
1/19/2023
Listed for sale
$530,000
$779
8/5/2022
Listing removed
$500,000
$735
6/13/2022
Listed for sale
$500,000
$735
6/13/2022
Listing removed
$500,000
$735
5/27/2022
Listed for sale
$500,000
$735
5/26/2022
Under contract
$500,000
$735
3/27/2022
Listed for sale
$500,000
$735
7/2/2021
Sold
$190,000
$279
2/25/2021
Sold
$190,000 -26.64%
$279
1/13/2021
Under contract
$259,000
$380
8/26/2020
Price change
$259,000 -14.8%
$380
3/10/2020
Price change
$304,000 -7.6%
$447
2/16/2020
Listed for sale
$329,000
$483

Contact Us

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Sep Niakan
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Broker / Team Lead
Blackbook Properties
(305) 697-7667
sep@blackbookproperties.com
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About Island Terrace

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