
Island Terrace 5 Island Ave Unit 4H Miami Beach, FL 33139
Venetian Islands NeighborhoodHighlights
- Doorman
- Property Fronts a Bay or Harbor
- Balcony
- North Beach Elementary School Rated A-
- Fitness Center
- 2-minute walk to Belle Isle Park
About This Home
As of April 2021Spacious corner unit, 2 Bedrooms 2 Bathrooms, 1,302 SF with a large balcony, and direct park views and water views. The unit is in great condition with upgraded bathrooms, recently renovated interior space, and hurricane sliding balcony doors. Island Terrace condo, designed by world-renowned architect, Morris Lapidus, has been recently renovated and offers amenities including pool, gym, and 24/7 doorman. Across the street from the Standard and walking distance to Lincoln Road, this is truly one of the best locations in South Beach. Easy to show! Includes cable, internet, water, 24-hour security, and building amenities.
Last Agent to Sell the Property
Compass Florida, LLC. License #3291623 Listed on: 02/12/2021

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,556
Year Built
- Built in 1967
Lot Details
- Property Fronts a Bay or Harbor
- East Facing Home
Parking
- 1 Car Garage
Property Views
- Garden
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,302 Sq Ft Home
- Built-In Features
- Ceramic Tile Flooring
Kitchen
- Built-In Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Outdoor Features
- Outdoor Grill
Additional Features
- Accessible Elevator Installed
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-33-044-0270
Community Details
Overview
- Property has a Home Owners Association
- High-Rise Condominium
- Island Terrace Condos
- Island Terrace Condo Subdivision
- 16-Story Property
Recreation
Pet Policy
- Breed Restrictions
Security
- High Impact Door
- Fire Sprinkler System
Additional Features
- Doorman
- Maintenance Expense $970
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Miami Beach, FL
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 | -- | -- |
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 |
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 |
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 |
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
-
Seller Co-Listing Agent in 2025
Jennifer Wollmann
Avanti Way Commercial
(305) 960-2400
1 in this area
16 Total Sales
-
Seller's Agent in 2021
Menachem Fellig
Compass Florida, LLC.
(305) 632-8803
1 in this area
150 Total Sales
-
Seller Co-Listing Agent in 2021
Lily Choi
Compass Florida, LLC.
(213) 284-5954
1 in this area
30 Total Sales
-
Seller's Agent in 2014
John Sandberg
Compass Florida, LLC.
(786) 497-3866
60 Total Sales
-
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: A10998128

APN: 02-3233-044-0270
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