$173,000 - $181,000
RENTED AUG 1, 2025
-- Bed
1 Bath
531 Sq Ft
1966 Built

Last Sold July 07, 2025

Last sale price $130,000 $245 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,077/month

Highlights

  • Property Fronts a Bay or Harbor
  • Intercom to Front Desk
  • Gated Community
  • Fitness Center
  • In Ground Pool
  • No HOA

About This Home

As of August 2025

Newly remodeled and partially furnished studio with a private balcony offering breathtaking bay views! Situated in a full-service building with top-notch amenities, including a sparkling pool, a fully equipped gym, convenient laundry facilities, and assigned parking. Enjoy effortless access to major highways, hospitals, restaurants, shops, universities, and the beach—your perfect retreat awaits! Pets are welcome! Please text me your name, company name, license #, date, & time of showing, and I will get back to you as soon as I get the appointment confirmed.

Last Agent to Rent the Property

Patricia Cruz

Keller Williams Eagle Realty License #0691686 Listed on: 07/09/2025

Keller Williams Eagle Realty

Last Renter's Agent

Patricia Cruz

Keller Williams Eagle Realty License #0691686 Listed on: 07/09/2025

Keller Williams Eagle Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1966

Lot Details

  • Northwest Facing Home

Parking

  • 1 Car Detached Garage
  • Detached Carport Space
  • Assigned Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 531 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Door Monitored By TV
  • Electric Range

Bedrooms and Bathrooms

  • Closet Cabinetry
  • 1 Full Bathroom

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/9/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 23-32-09-042-0270

Community Details

Overview

  • No Home Owners Association
  • Island Place At North Bay Condos
  • Island Place At North Bay,Island Place At Nort Subdivision
  • 8-Story Property

Amenities

  • Intercom to Front Desk
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Clear Impact Glass
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,387

Year Built

Built in 1966

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-07-09
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 8
  • Structure Type: Apartments-Annual, Condo
  • Subdivision Name: ISLAND PLACE AT NORTH BAY,ISLAND PLACE AT NORT
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Partially
  • Living Area: 531
  • Stories: 8
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Shingle
  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND PLACE AT NORTH BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached Carport, 1 Space, Assigned, Detached, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key Card Entry, Intercom In Lobby, TV Monitor

Condo/Co-op/Association

  • Amenities: Gated, Community Pool, Elevator(s), Exercise Room
  • Association: No
  • Community Features: Additional Amenities

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 23-32-09-042-0270
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 7, 2025
Sold by
Muniz William and Guerra-Muniz Rachel
Bought by
Melasurej Llc
Seller's Agent
Patricia Cruz
Keller Williams Eagle Realty
Buyer's Agent
Patricia Cruz
Keller Williams Eagle Realty
Sold Price
$1,600
Views
2
Current Estimated Value
$176,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,146
Avg. Annual Appreciation
536.39%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Hernandez Ada and Lavin Cesar Alejandro
Bought by
Muniz William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 8, 2018
Sold by
Hernandez Ada and Lavin Cesar A
Bought by
Hernandez Ada and Lavin Cesar A

Purchase Details

Closed on
Jul 30, 2003
Sold by
Grec Conversions V Ltd
Bought by
Hernandez Ada and Lavin Cesar A
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Melasurej Llc $130,000 Title Team
Muniz William $135,000 Peninsula Title Corp
Hernandez Ada -- None Available
Hernandez Ada $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muniz William $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $1,600 0.0% --
07/11/2025 07/11/25 Under Contract -- -- --
07/09/2025 07/09/25 For Rent $1,600 0.0% --
07/07/2025 07/07/25 Sold $130,000 -25.7% $245 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $175,000 -5.4% $330 / Sq Ft
01/22/2025 01/22/25 For Sale $185,000 -- $348 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $1,387 $108,842 -- --
2024 $1,330 $105,775 -- --
2023 $1,330 $102,695 $0 $0
2022 $1,242 $99,704 $0 $0
2021 $1,228 $96,800 $0 $0
2020 $1,414 $105,196 $0 $0
2019 $1,794 $123,760 $0 $0
2018 $1,856 $119,000 $0 $0
2017 $1,668 $64,982 $0 $0
2016 $1,495 $59,075 $0 $0
2015 $1,520 $53,705 $0 $0
2014 $1,489 $48,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11837572

MIAMI REALTORS® MLS

APN: 23-3209-042-0270