Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave LD, Miami Beach, Florida 33139 | A11297376

5 Island Ave LD, Miami Beach, Florida 33139 | Sold

$949,000
closed for a price of $949,000

Property Highlights

Listing ID A11297376 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,333 Sqft/123.84 m2 approx. Building Area 1,333 Sqft/123.84 m2 approx. POOL Year Built 1967 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 245 Days
34 Photos of this Property

5 Island Ave LD, Miami Beach, Florida 33139

Property Description: Looking for a fully furnished, move-in ready 2 bedroom, 2 bathroom condo in Belle Isle? We are priced to sell. The private terrace with direct access to the pool overlooking the bay provides great outdoor living and entertaining. The custom glass cabinetry and marble countertops in the kitchen are attractive features. Other upgrades like surround sound speakers, micro cement flooring, high ceilings, and impact windows add to the overall appeal. Located in popular Belle Isle offering easy access to the park and the Standard Hotel, walking distance to Sunset Harbour and Lincoln Road. The building 's amenities include 24-hour front desk service, bay front pool, gym, kayak launch, bike storage, community room, laundry facility, and onsite management. Please use Showassist.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$975,000
Original List Price:$1,050,000
Close Price:$949,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Island Terrace at 5 Island Ave Miami Beach

Measures

Living Area Source:
  • Owner

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bay Front
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Built-in Oven
  • Electric Range
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Bedroom On Main Level
  • Main Living Area Entry Level
  • Main Level Primary
Exterior Features:
  • Patio
Patio and Porch Features:
  • Patio
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$1,179

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,330
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Disclosures:
  • Seller Disclosure
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Trash
  • Laundry
  • Elevator(s)
  • Fitness Center
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Amenities
  • Laundry
Complex Name:Island terrace Condo
Senior Community:No
Development Name:Island terrace Condo
Restrictions: Limited Number of Vehicles, Okay to Lease within 1st Year of Ownership, See Remarks

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • Assigned

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Bay,Pool Area View
Housing Older Persons Act: No HOPA
Water Access: Other
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Homestead Tax
Buyer Country of Residence: Unknown/Withheld
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 44

Zoning and Legal

Tax Legal Description:ISLAND TERRACE CONDO UNIT L-D UNDIV .9082% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 COC 22119-2055-2056 02/2004 5
Real Estate Folio Number (Parcel Number):02-32-33-044-0010
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:November 8, 2022 12:00 am
On Market Date:November 7, 2022
Close Date:July 11, 2023
Price Change Date Time:April 21, 2023 5:13 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 12, 2023 12:59 pm
Status Last Changed:July 12, 2023 12:59 pm
Photos Last Modified:April 24, 2023 7:52 pm
Last Modified:July 12, 2023 5:00 pm
Days on the Market (updated on Last Modified*):196
Cumulative Days on the Market (updated on Last Modified**):196

Additional Information

Unit Location:High Rise
Number of Photos Count:34
Area:32
Ref ID:1028065860
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12086-N-0232330440010-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave LD
Unit Number:LD
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:5 Island Ave LD, Miami Beach, Florida 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 2''

Neighborhood

Postal City:Miami Beach
City Region:Hialeah

Property Map

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