$416,500
SOLD FEB 28, 2014

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

Recently Sold

$320 Per Sq Ft

11% Below List Price

97 Days on Market

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 2021

Morris 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

John Sandberg

Compass Florida, LLC License #3211334 Listed on: 10/24/2013

Compass Florida, LLC

Last Buyer's Agent

Judith Rosen

Judith Rosen, Realtor License #0051962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $816 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,319

Year Built

Built in 1967

Lot Details

0

HOA Fees

$816 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1302
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Blinds, Single Hung Metal
  • Bedroom Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND TERRACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 816
  • Amenities: Bike Storage, Barbecue, Elevator(s), Exercise Room, Storage, Heated Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-044-0270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 816

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5319

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
6.06%
Original Mortgage
$424,000
Outstanding Balance
$384,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$302,884

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
Source: Public Records

Range of Values:

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Average Value
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List Price
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 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
09/20/2025 09/20/25 For Rent $5,000 0.0% --
09/19/2025 09/19/25 Price Changed $650,000 -7.1% $499 / Sq Ft
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

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 $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

  • R

    Seller's Agent in 2025

    Rebecca Patt

    Avanti Way Realty LLC

    (612) 354-7400

    1 in this area

    1 Total Sale

    Rebecca Patt
    Section Image
  • Jennifer Wollmann

    Seller Co-Listing Agent in 2025

    Jennifer Wollmann

    Avanti Way Commercial

    (305) 960-2400

    1 in this area

    16 Total Sales

    Jennifer Wollmann
    Section Image
  • Menachem Fellig

    Seller's Agent in 2021

    Menachem Fellig

    Compass Florida, LLC

    (305) 632-8803

    1 in this area

    150 Total Sales

    Menachem Fellig
    Section Image
  • Lily Choi

    Seller Co-Listing Agent in 2021

    Lily Choi

    Compass Florida, LLC

    (213) 284-5954

    1 in this area

    31 Total Sales

    Lily Choi
    Section Image
  • John Sandberg

    Seller's Agent in 2014

    John Sandberg

    Compass Florida, LLC

    (786) 497-3866

    59 Total Sales

    John Sandberg
    Section Image
  • Judith Rosen

    Buyer's Agent in 2014

    Judith Rosen

    Judith Rosen, Realtor

    (305) 336-6334

    1 in this area

    6 Total Sales

    Judith Rosen
    Section Image
See All Agents

About Island Terrace

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1860694

MIAMI REALTORS® MLS

APN: 02-3233-044-0270

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

5 Island Ave Unit 4H, Miami Beach, FL

This home is located at 5 Island Ave Unit 4H, Miami Beach, FL 33139 and is currently priced at $416,500, approximately $319 per square foot. This property was built in 1967. 5 Island Ave Unit 4H is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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