Island Terrace 5 Island Ave Unit 4H Miami Beach, FL 33139
Venetian Islands Neighborhood
2
Beds
2
Baths
1,302
Sq Ft
$816/mo
HOA Fee
Highlights
- Doorman
- Property Fronts a Bay or Harbor
- Marble Flooring
- North Beach Elementary School Rated A-
- Fitness Center
- 2-minute walk to Belle Isle Park
About This Home
As of April 2021Morris Lapidus Building steps from Lincoln Road , across the street from the Standard. Corner Unit with Direct Park Views. Unit is in great condition with new Hurricane Sliding Balcony Doors, New A/C unit. Unit is spacious, clean and ready to move in. Ten ant will stay if need be, but is month to month. 1310 sq feet. Best Priced 2 Bedroom in the building. Storage Unit , Gym, Pool.
Last Agent to Sell the Property
Compass Florida, LLC. License #3211334 Listed on: 10/24/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,319
Year Built
- Built in 1967
Lot Details
- Property Fronts a Bay or Harbor
HOA Fees
- $816 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,302 Sq Ft Home
- Single Hung Metal Windows
- Blinds
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 02-32-33-044-0270
Community Details
Overview
- High-Rise Condominium
- Island Terrace Condos
- Island Terrace Subdivision
- 16-Story Property
Amenities
- Doorman
- Community Barbecue Grill
- Trash Chute
- Laundry Facilities
- Secure Lobby
- Bike Room
- Community Storage Space
Recreation
Pet Policy
- No Pets Allowed
Building Details
Security
- Secure Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2021
Closed on
Apr 22, 2021
Sold by
Fellig Sonny Z and Fellig Miriam
Bought by
Heerman Matthew S and Richmond Christopher E
Seller's Agent
Menachem Fellig
Compass Florida, LLC.
Buyer's Agent
Jennifer Wollmann
Avanti Way Commercial
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$424,000
Outstanding Balance
$385,879
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$387,488
Purchase Details
Listed on
Oct 24, 2013
Closed on
Feb 28, 2014
Sold by
Puma Dominique and Castano Dominique
Bought by
Fellig Sonny Z and Fellig Miriam
Seller's Agent
John Sandberg
Compass Florida, LLC.
Buyer's Agent
Judith Rosen
Judith Rosen, Realtor
List Price
$469,000
Sold Price
$416,500
Premium/Discount to List
-$52,500
-11.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$333,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 23, 2004
Sold by
Fisherow Walter Benjamin
Bought by
Castano Dominique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.25%
Mortgage Type
Unknown
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | Florida Ttl & Guarantee Agcy | |
| Warranty Deed | $416,500 | Attorney | |
| Personal Reps Deed | $275,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,000 | New Conventional | |
| Previous Owner | $333,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $220,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $700,000 | +32.1% | $538 / Sq Ft |
| 04/23/2021 04/23/21 | Sold | $530,000 | -0.9% | $407 / Sq Ft |
| 03/04/2021 03/04/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | For Sale | $535,000 | +0.9% | $411 / Sq Ft |
| 02/28/2021 02/28/21 | Off Market | $530,000 | -- | -- |
| 02/11/2021 02/11/21 | For Sale | $535,000 | +28.5% | $411 / Sq Ft |
| 02/28/2014 02/28/14 | Sold | $416,500 | -7.2% | $320 / Sq Ft |
| 01/30/2014 01/30/14 | Pending | -- | -- | -- |
| 12/02/2013 12/02/13 | Price Changed | $449,000 | -4.3% | $345 / Sq Ft |
| 10/24/2013 10/24/13 | For Sale | $469,000 | -- | $360 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $8,691 | $518,309 | -- | -- |
| 2024 | $8,464 | $503,702 | -- | -- |
| 2023 | $8,464 | $489,032 | $0 | $0 |
| 2022 | $8,146 | $474,789 | $0 | $0 |
| 2021 | $7,972 | $412,860 | $0 | $0 |
| 2020 | $6,822 | $393,200 | $0 | $0 |
| 2019 | $6,829 | $393,200 | $0 | $0 |
| 2018 | $7,903 | $461,305 | $0 | $0 |
| 2017 | $7,835 | $452,260 | $0 | $0 |
| 2016 | $7,997 | $452,260 | $0 | $0 |
| 2015 | $8,960 | $452,260 | $0 | $0 |
| 2014 | $6,326 | $287,727 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Patt
R
Seller's Agent in 2025
Rebecca Patt
Avanti Way Realty LLC
(612) 354-7400
1 in this area
1 Total Sale
-
Jennifer Wollmann
Seller Co-Listing Agent in 2025
Jennifer Wollmann
Avanti Way Commercial
(305) 960-2400
1 in this area
16 Total Sales
-
Menachem Fellig
Seller's Agent in 2021
Menachem Fellig
Compass Florida, LLC.
(305) 632-8803
1 in this area
150 Total Sales
-
Lily Choi
Seller Co-Listing Agent in 2021
Lily Choi
Compass Florida, LLC.
(213) 284-5954
1 in this area
30 Total Sales
-
John Sandberg
Seller's Agent in 2014
John Sandberg
Compass Florida, LLC.
(786) 497-3866
60 Total Sales
-
Judith Rosen
Buyer's Agent in 2014
Judith Rosen
Judith Rosen, Realtor
(305) 336-6334
1 in this area
8 Total Sales
About Island Terrace
Map
Source: MIAMI REALTORS® MLS
MLS Number: A1860694
APN: 02-3233-044-0270
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