NOT LISTED FOR SALE

Belle Plaza Condominium 20 Island Ave Unit PH 04 Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $1,471,000 - $1,779,867

3 Beds
2 Baths
1,898 Sq Ft
1962 Built

Last Sold November 07, 2023

Last sale price $1,525,000 $803 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,330/month

59 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Community Cabanas
  • North Beach Elementary School Rated A-
  • Boat Dock
  • 3-minute walk to Belle Isle Park

About This Home

As of November 2023

RE-PRICED TO SELL!!! THIS RARELY AVAILABLE PENTHOUSE ON EXCLUSIVE BELLE ISLE IS ONE OF ONLY 4 IN THE BUILDING. THIS MAGNIFICENT SE CORNER UNIT FEATURES 3 BEDS AND 2 FULL BATHS, STORAGE ROOM INSIDE THE UNIT, SPECTACULAR BAY AND CITY VIEWS FROM YOUR OWN APPROX. 200 SQ FT PRIVATE TERRACE. ALL ROOMS ENJOY NATURAL LIGHT AND STUNNING WATER VIEWS. UNIT IS A PERFECT CANVAS FOR NEW OWNERS TO REDESIGN TO THEIR TASTE. WELL-MAINTAINED BUILDING EXHIBITS MID- CENTURY MODERN DESIGN AND OFFERS COMPREHENSIVE AMENITIES SUCH AS POOL, HOT TUB, GYM, TENNIS COURT, BBQ AREA, DECK, MARINA, VALET, ONE LAUNDRY ROOM PER FLOOR, AND 24/7 FRONT DESK. GREAT LOCATION NEAR LINCOLN ROAD, SUNSET HARBOUR DISTRICT, THE BEACHES, THE STANDARD SPA, AND LOVELY PARK IN THE CENTER OF THE ISLAND.

Last Agent to Sell the Property

Diego Tarantino

The Keyes Company Brokerage Phone: 305-632-8213 License #3231619 Listed on: 08/10/2023

The Keyes Company

Last Buyer's Agent

Diego Tarantino

The Keyes Company Brokerage Phone: 305-632-8213 License #3231619 Listed on: 08/10/2023

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1962

Lot Details

  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse

Interior Spaces

  • 1,898 Sq Ft Home
  • Storage Room

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-047-2260

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Belle Plaza Condo
  • Belle Plaza Condo Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $1,963

Security

  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,578

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise, Penthouse
  • Directions: LOCATED ON VENETIAN CAUSEWAY. FIRST ISLAND COMING WEST FROM MIAMI BEACH.
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BELLE PLAZA CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-632-8213
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Parquet, Tile
  • Furnished: Unfurnished
  • Living Area: 1898
  • Possible Use: Primary
  • Stories: 16
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Living Room Features: Storage Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BELLE PLAZA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Card Entry, Other

Condo/Co-op/Association

  • Amenities: Bike Storage, Barbecue, Cabana, Elevator(s), Exercise Room, Storage, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-047-2260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1963

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 9, 2023
Sold by
Djm Revocable Trust and Laboy Marie M
Bought by
Salafia Michael J and Roxtar Samas
Seller's Agent
Diego Tarantino
The Keyes Company
Buyer's Agent
Diego Tarantino
The Keyes Company
List Price
$1,585,000
Sold Price
$1,525,000
Premium/Discount to List
-$60,000
-3.79%
Views
129
Current Estimated Value
$1,633,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,801
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,143,750
Outstanding Balance
$1,125,692
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$499,779

Purchase Details

Closed on
Jan 4, 2018
Sold by
Mcgugan David J
Bought by
Mcgugan David and Laboy Marie M

Purchase Details

Closed on
Aug 6, 1999
Sold by
Albert and Barouh Susana
Bought by
Mcgugan David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.66%
Mortgage Type
New Conventional
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
Salafia Michael J $1,525,000 First American Title
Mcgugan David -- Attorney
Mcgugan David J $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salafia Michael J $1,143,750
Previous Owner Mcgugan David J $69,627
Previous Owner Mcgugan David J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $1,525,000 -3.8% $803 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $1,585,000 -- $835 / 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 $28,621 $1,523,081 -- --
2024 $4,768 $1,523,081 -- --
2023 $4,768 $293,454 $0 $0
2022 $4,578 $284,907 $0 $0
2021 $4,551 $276,609 $0 $0
2020 $4,491 $272,790 $0 $0
2019 $4,377 $266,657 $0 $0
2018 $4,149 $261,685 $0 $0
2017 $4,103 $256,303 $0 $0
2016 $4,088 $251,032 $0 $0
2015 $4,139 $249,287 $0 $0
2014 $4,208 $247,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diego Tarantino

    Seller's Agent in 2023

    Diego Tarantino

    The Keyes Company

    (305) 632-8213

    1 in this area

    11 Total Sales

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About Belle Plaza Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11433764

MIAMI REALTORS® MLS

APN: 02-3233-047-2260

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

20 Island Ave Unit PH 04, Miami Beach, FL

This home is located at 20 Island Ave Unit PH 04, Miami Beach, FL 33139 since 10 August 2023 and is currently estimated at $1,627,717, approximately $857 per square foot. This property was built in 1962. 20 Island Ave Unit PH 04 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS 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.

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