$543,000
$12K PRICE DROP

Island Terrace 5 Island Ave Unit 15A Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated payment $5,193/month

Total Views 2,682
1 Bed
1.5 Baths
950 Sq Ft
$572 Price per Sq Ft

Highlights

  • Doorman
  • Bay View
  • Bike Room
  • North Beach Elementary School Rated A-
  • Cooking Island
  • 2-minute walk to Belle Isle Park

About This Home

Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.

Listing Agent

Judith Hansen

Compass Florida, LLC License #3184540 Listed on: 04/30/2025

Compass Florida, LLC

Co-Listing Agent

Pavel Gonzalez

Compass Florida, LLC License #3319281

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,470

Year Built

  • Built in 1967

HOA Fees

  • $1,536 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 15th floor
  • Brick Front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 950 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Awning
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-044-1200

Community Details

Overview

  • Island Terrace Condos
  • Island Terrace Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Interior Hall
  • Bike Room
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,470

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,536 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 305-851-2820
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Living Area: 950
  • Stories: 16
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Bay
  • Construction Type: Concrete Block Construction, Brick, CBS Construction
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Island Terrace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 1536
  • Amenities: Bike Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-044-1200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9470

Map

About Island Terrace

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,470 $509,855 -- --
2024 $8,602 $500,750 -- --
2023 $8,602 $455,228 $0 $0
2022 $4,916 $302,881 $0 $0
2021 $4,888 $294,060 $0 $0
2020 $4,825 $290,000 $0 $0
2019 $4,777 $287,305 $0 $0
2018 $4,530 $281,948 $0 $0
2017 $4,481 $276,149 $0 $0
2016 $4,466 $270,470 $0 $0
2015 $4,558 $270,470 $0 $0
2014 $4,227 $208,050 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2025 05/16/25 Price Changed $543,000 -2.2% $572 / Sq Ft
04/30/2025 04/30/25 For Sale $555,000 -1.8% $584 / Sq Ft
05/20/2022 05/20/22 Sold $565,000 0.0% $595 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Price Changed $565,000 0.0% $595 / Sq Ft
03/25/2022 03/25/22 For Sale $565,000 0.0% $595 / Sq Ft
03/16/2022 03/16/22 For Sale $565,000 +41.6% $595 / Sq Ft
02/15/2019 02/15/19 Sold $399,000 -5.0% $420 / Sq Ft View Prior Sale
01/09/2019 01/09/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $420,000 -0.7% $442 / Sq Ft
02/07/2014 02/07/14 Sold $423,000 -4.9% $445 / Sq Ft View Prior Sale
01/11/2014 01/11/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $445,000 -2.2% $468 / Sq Ft
12/03/2013 12/03/13 Price Changed $455,000 +4.6% $479 / Sq Ft
11/21/2013 11/21/13 For Sale $435,000 +55.4% $458 / Sq Ft
06/28/2013 06/28/13 Sold $280,000 -6.4% $295 / Sq Ft View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $299,000 -- $315 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $565,000 Balzli & Associates
Warranty Deed $399,000 Attorney
Warranty Deed $423,000 Attorney
Warranty Deed $280,000 Attorney
Warranty Deed $259,000 Statewide Title Svcs Fl Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $359,100 New Conventional
Previous Owner $233,100 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11793100

MIAMI REALTORS® MLS

APN: 02-3233-044-1200

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

5 Island Ave Unit 15A, Miami Beach, FL

For Sale

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Judith Hansen
Listing Agent
Judith Hansen
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Compass Florida, LLC
(786) 964-4357