NOT LISTED FOR SALE

Islander Condominium 1255 Collins Ave Unit 501 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $316,000 - $343,000

1 Bed
1 Bath
626 Sq Ft
1965 Built

Highlights

  • In Ground Pool
  • 1 Car Garage
  • 5-minute walk to Lummus Park
  • No HOA

About This Home

As of May 2025

Bright and airy 1-bedroom, 1-bathroom unfurnished condo for rent in South Beach, Miami, featuring an open-
concept layout with sleek tile flooring throughout. The modern kitchen includes marble countertops and ample
cabinetry, ideal for cooking and entertaining. Relax on your private balcony and a stunning rooftop pool, or take
advantage of the large walk-in closet for plenty of storage. This condo comes with a rare dedicated parking spot
and access to the building’s pool, perfect for enjoying the Miami sun. Located steps from the beach, you’ll be in the heart of South Beach’s vibrant scene with dining, nightlife, and more at your doorstep.

Last Agent to Rent the Property

Joel Rodriguez

Global Investments Realty License #0545697 Listed on: 04/07/2025

Co-Listed By

Michael McCourt

Global Investments Realty License #3627878

Last Renter's Agent

Michael McCourt

Global Investments Realty License #3627878

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Parking

  • 1 Car Garage

Home Design

  • 626 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 4/7/25
  • Assessor Parcel Number 02-32-34-055-0230

Community Details

Overview

  • No Home Owners Association
  • Islander Condo Apts Condos
  • Islander Condo Apts Subdivision
  • 10-Story Property

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-04-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: GLIN01
  • Co List Office Phone: 305-635-3005
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 10
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ISLANDER CONDO APTS
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 10

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 626
  • Stories: 10

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ISLANDER CONDO APTS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-055-0230
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 1999
Sold by
Clerk Of The Court
Bought by
Xana's Inv Corp
Current Estimated Value
$329,350

Purchase Details

Closed on
May 8, 1997
Sold by
Guardian Hector Vega and Minor Vanessa Vega
Bought by
Vega Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Xana's Inv Corp $63,000 --
Vega Hector $100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Vega Hector $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $1,975 0.0% --
04/07/2025 04/07/25 For Rent $1,975 +41.1% --
03/01/2016 03/01/16 Rented $1,400 0.0% --
02/29/2016 02/29/16 Under Contract -- -- --
02/23/2016 02/23/16 For Rent $1,400 0.0% --
02/20/2015 02/20/15 Rented $1,400 0.0% --
02/20/2015 02/20/15 For Rent $1,400 -- --
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,505 $252,890 -- --
2024 $4,051 $229,900 -- --
2023 $4,051 $209,000 $0 $0
2022 $3,570 $190,000 $0 $0
2021 $3,871 $197,230 $0 $0
2020 $3,471 $179,300 $0 $0
2019 $3,899 $229,900 $0 $0
2018 $3,527 $223,233 $0 $0
2017 $3,256 $152,427 $0 $0
2016 $2,992 $138,570 $0 $0
2015 $2,676 $125,973 $0 $0
2014 $2,451 $114,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Rodriguez

    Landlord's Agent in 2025

    Joel Rodriguez

    Global Investments Realty

    (305) 635-3005

    36 Total Sales

    Joel Rodriguez
    Section Image

  • M

    Landlord's Co-Listing Agent in 2025

    Michael McCourt

    Global Investments Realty

    (203) 947-6368

    4 Total Sales

    Michael McCourt
    Section Image
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About Islander Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11779060

MIAMI REALTORS® MLS

APN: 02-3234-055-0230

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1255 Collins Ave Unit 501, Miami Beach, FL

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