Island Terrace 5 Island Ave Unit 12B Floor 12 Miami Beach, FL 33139
Venetian Islands NeighborhoodEstimated payment $4,988/month
Highlights
- Doorman
- Bay View
- Community Pool
- North Beach Elementary School Rated A-
- Waterfront
- 2-minute walk to Belle Isle Park
About This Home
With spectacular water views and 950 square feet of living space, unit 12B is a large one bedroom, one bath featuring a recently updated kitchen, beautiful flooring, and an immense amount of natural light. Location is also key, as you’ll be walking distance to the finest Miami Beach restaurants, Fresh Market, Trader Joe’s and more. Plus, you’re minutes away from the beach, Downtown Miami, the Design District and Wynwood. The building, designed by famous architect Morris Lapidus and situated across from the world renowned Standard Spa, includes a waterfront pool deck, fitness center, 24h doorman & laundry facility on the 12th floor. The perfect Miami Beach condo does exist!
Listing Agent
DeBianchi Real Estate, LLC License #3294267 Listed on: 09/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,115
Year Built
- Built in 1967
Lot Details
- Waterfront
HOA Fees
- $1,558 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 12th floor
Interior Spaces
- 950 Sq Ft Home
- Bar
- Tile Flooring
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Home Security
Outdoor Features
- Open Patio
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Assessor Parcel Number 02-32-33-044-1010
Community Details
Overview
- Association fees include security, trash
- Island Terrace Subdivision
- 16-Story Property
Recreation
Pet Policy
- Pets Allowed
Additional Features
- Doorman
- Fire and Smoke Detector
Map
About Island Terrace
Home Values in the Area
Average Home Value in this Area
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 | $8,366 | $457,081 | -- | -- |
| 2024 | $7,598 | $415,529 | -- | -- |
| 2023 | $7,598 | $377,754 | $0 | $0 |
| 2022 | $6,453 | $343,413 | $0 | $0 |
| 2021 | $5,766 | $298,620 | $0 | $0 |
| 2020 | $5,506 | $284,400 | $0 | $0 |
| 2019 | $5,889 | $303,900 | $0 | $0 |
| 2018 | $5,653 | $305,719 | $0 | $0 |
| 2017 | $5,298 | $270,711 | $0 | $0 |
| 2016 | $5,048 | $246,101 | $0 | $0 |
| 2015 | $4,779 | $223,729 | $0 | $0 |
| 2014 | $4,162 | $203,390 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $525,000 | 0.0% | $553 / Sq Ft | |
| 07/06/2022 07/06/22 | Rented | $3,350 | -4.3% | -- | |
| 06/09/2022 06/09/22 | Price Changed | $3,500 | -7.9% | $4 / Sq Ft | |
| 05/16/2022 05/16/22 | For Rent | $3,800 | 0.0% | -- | |
| 10/25/2021 10/25/21 | Sold | $390,000 | -11.4% | $411 / Sq Ft | View Prior Sale |
| 05/27/2021 05/27/21 | Price Changed | $440,000 | -3.3% | $463 / Sq Ft | |
| 03/08/2021 03/08/21 | For Sale | $455,000 | 0.0% | $479 / Sq Ft | |
| 01/15/2017 01/15/17 | Rented | $2,200 | -12.0% | -- | |
| 09/19/2016 09/19/16 | Price Changed | $2,500 | -7.4% | $3 / Sq Ft | |
| 03/07/2016 03/07/16 | For Rent | $2,700 | +5.9% | -- | |
| 03/11/2015 03/11/15 | Rented | $2,550 | -8.9% | -- | |
| 02/09/2015 02/09/15 | Under Contract | -- | -- | -- | |
| 01/27/2015 01/27/15 | For Rent | $2,800 | 0.0% | -- | |
| 05/29/2012 05/29/12 | Sold | $220,000 | 0.0% | $232 / Sq Ft | View Prior Sale |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- | |
| 02/28/2012 02/28/12 | For Sale | $220,000 | -- | $232 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Clear Title Group | |
| Deed | $220,000 | -- | |
| Warranty Deed | $225,000 | Attorney | |
| Warranty Deed | $400,000 | Attorney | |
| Special Warranty Deed | $180,000 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | Commercial | |
| Previous Owner | $300,000 | Unknown |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10527281
APN: 02-3233-044-1010
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