$570,000
SOLD MAY 15, 2024
1 Bed
1.5 Baths
950 Sq Ft
$1,288/mo HOA Fee

Recently Sold

$600 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Bay View
  • Community Pool
  • North Beach Elementary School Rated A-
  • Clubhouse
  • 2-minute walk to Belle Isle Park

About This Home

As of May 2024

This is the LIFE in Miami Beach-step into the MOST spectacular view on the beach in this, the ONLY unit with floor to ceiling windows! Unmatched location-just steps to The Standard, Sunset Harbor dining and boating. This unit is priced to SELL!

Last Agent to Sell the Property

Barbi Triana

Keller Williams Eagle Realty License #0600103 Listed on: 04/06/2024

Keller Williams Eagle Realty

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $1,288 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 950 Sq Ft Home

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Restricted saltwater access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-044-1340

Community Details

Overview

  • 139 Units
  • High-Rise Condominium
  • Island Terrace Condo
  • Island Terrace Condo,Island Terrace Condo Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,648

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,288 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE CONDO,Island Terrace Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 950
  • Possible Use: Secondary
  • Stories: 16
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1288
  • Amenities: Barbecue, Clubhouse-Clubroom, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-044-1340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1288
  • Number Of Units In Community: 139
  • Number Of Units Total: 139

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
May 14, 2024
Sold by
Sternweis Kenneth J
Bought by
Marvila26 Llc
Seller's Agent
Barbi Triana
Keller Williams Eagle Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$589,999
Sold Price
$570,000
Premium/Discount to List
-$19,999
-3.39%
Views
13
Current Estimated Value
$586,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,020
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Dec 16, 2022
Sold by
Bates John W
Bought by
Sternweis Kenneth J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $570,000 Pinnacle Title
Personal Reps Deed -- --
Personal Reps Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Rent $4,000 +14.3% --
01/27/2025 01/27/25 Rented $3,500 -2.8% --
12/12/2024 12/12/24 Price Changed $3,600 -5.0% $4 / Sq Ft
11/19/2024 11/19/24 Price Changed $3,790 -4.1% $4 / Sq Ft
10/28/2024 10/28/24 Price Changed $3,950 -3.7% $4 / Sq Ft
08/26/2024 08/26/24 Price Changed $4,100 -8.9% $4 / Sq Ft
07/18/2024 07/18/24 For Rent $4,500 0.0% --
05/15/2024 05/15/24 Sold $570,000 -3.4% $600 / Sq Ft
04/06/2024 04/06/24 For Sale $589,999 -- $621 / 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 $9,568 $515,129 -- --
2024 $8,691 $505,930 -- --
2023 $8,691 $459,937 $0 $0
2022 $6,648 $353,798 $0 $0
2021 $1,486 $117,866 $0 $0
2020 $1,461 $116,239 $0 $0
2019 $1,412 $113,626 $0 $0
2018 $1,325 $111,508 $0 $0
2017 $1,302 $109,215 $0 $0
2016 $1,290 $106,969 $0 $0
2015 $1,304 $106,226 $0 $0
2014 $1,325 $105,383 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11564582

MIAMI REALTORS® MLS

APN: 02-3233-044-1340