NOT LISTED FOR SALE

Estimated Value: $608,000 - $636,000

1 Bed
1.5 Baths
950 Sq Ft
$748/mo HOA Fee

Last Sold February 04, 2022

Last sale price $500,000 $526 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,693/month

100 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • High Impact Door
  • North Beach Elementary School Rated A-
  • Balcony
  • 2-minute walk to Belle Isle Park

About This Home

As of February 2022

Fully remodeled 1 bedroom/1.5 bathroom unit in boutique building at 5 Island Ave. In Belle Isle, walking distance from The Standard, Sunset Harbor & Lincoln Road. Easy access to Beaches & Downtown. Full-service building with gym & pool. Assigned, covered parking.

Last Agent to Sell the Property

Nicole Rodriguez

Fortune International Realty License #3277215 Listed on: 10/26/2021

Fortune International Realty

Co-Listed By

Benjamin Moss

Compass Florida, LLC. License #0698207

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $748 Monthly HOA Fees

Interior Spaces

  • 950 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-044-1140

Community Details

Overview

  • High-Rise Condominium
  • Island Terrace Condo
  • Island Terrace Condo Subdivision

Amenities

  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-330-5481
  • Entry Level: 14
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Ice Maker, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 950
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND TERRACE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 748
  • Amenities: Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-044-1140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 25000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Feb 2, 2022
Sold by
Carter Iii John M
Bought by
Tucker Nancy L
Seller's Agent
Nicole Rodriguez
Fortune International Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$570,000
Sold Price
$500,000
Premium/Discount to List
-$70,000
-12.28%
Total Days on Market
100
Current Estimated Value
$621,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,702
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Jun 9, 2017
Closed on
Sep 22, 2017
Sold by
Brantley Douglass E and Paturi Stefano
Bought by
Carter John M
Seller's Agent
Jorge Zea
MMLS Assoc.-Inactive Member
Buyer's Agent
Benjamin Moss
Compass Florida, LLC.
List Price
$475,000
Sold Price
$467,500
Premium/Discount to List
-$7,500
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$345,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2003
Sold by
Lestino John R and Lestino Ledya
Bought by
Brantley Douglas E and Patur Stefano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.98%

Purchase Details

Closed on
Mar 28, 1996
Sold by
Hernandez Esteban and Subero Jorge
Bought by
Lestino Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1994
Sold by
Behar Victor and Behar Raquel
Bought by
Hernandez Esteban and Subero Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.77%
Source: Public Records

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Range of Values:

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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
Tucker Nancy L $500,000 Bauer Gutierrez & Borbon Pllc
Carter John M $467,500 Real Property Title Group
Brantley Douglas E -- Union Title Services Inc
Lestino Robert G $108,000 --
Hernandez Esteban $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter John M $345,000
Previous Owner Brantley Douglas E $139,500
Previous Owner Lestino Robert G $102,600
Previous Owner Hernandez Esteban $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $500,000 -12.3% $526 / Sq Ft
10/26/2021 10/26/21 For Sale $570,000 0.0% $600 / Sq Ft
02/20/2021 02/20/21 Rented $2,375 +3.3% --
01/12/2021 01/12/21 Under Contract -- -- --
12/24/2020 12/24/20 Price Changed $2,300 -14.8% $2 / Sq Ft
12/22/2020 12/22/20 For Rent $2,700 +8.0% --
01/28/2020 01/28/20 Rented $2,500 -4.8% --
01/23/2020 01/23/20 Under Contract -- -- --
12/17/2019 12/17/19 Price Changed $2,625 -2.8% $3 / Sq Ft
11/18/2019 11/18/19 For Rent $2,700 0.0% --
09/22/2017 09/22/17 Sold $467,500 -1.6% $492 / Sq Ft
06/08/2017 06/08/17 For Sale $475,000 0.0% $500 / Sq Ft
12/05/2016 12/05/16 Rented $2,700 -3.6% --
11/15/2016 11/15/16 For Rent $2,800 -- --
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
2024 $7,742 $464,356 -- --
2023 $7,742 $450,832 $0 $0
2022 $6,332 $331,716 $0 $0
2021 $5,823 $301,560 $0 $0
2020 $4,770 $287,200 $0 $0
2019 $5,194 $308,800 $0 $0
2018 $5,383 $327,315 $0 $0
2017 $5,936 $311,729 $0 $0
2016 $2,646 $176,808 $0 $0
2015 $2,678 $175,579 $0 $0
2014 $2,722 $174,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11114398

MIAMI REALTORS® MLS

APN: 02-3233-044-1140