Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave 10E, Miami Beach, FL 33139 | A11509661

5 Island Ave 10E, Miami Beach, FL 33139 | Sold

$679,950
closed for a price of $670,000

Property Highlights

Listing ID A11509661 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 950 Sqft/88.26 m2 approx. Building Area 950 Sqft/88.26 m2 approx. 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 114 Days
18 Photos of this Property

5 Island Ave 10E, Miami Beach, FL 33139

Property Description: Magnificent, modern, and fully renovated bayfront oasis! Enjoy direct SW views of Biscayne Bay and sunsets over the Miami skyline from your private terrace. Your new home features an open kitchen with modern Quartz waterfall counters; Whirlpool/Bosch appliances; reverse osmosis water filter; oversized living room with large terrace; hurricane impact sliding doors and window; huge master suite with blackout blinds, custom walk-in closet, and stylish bathroom with dual vanities and abundant storage cabinets. Also includes large storage locker on the same floor. Island Terrace was designed by famed art deco architect Morris Lapidus and is located in the heart of Miami Beach, walking distance to popular Sunset Harbor shops and restaurants. Furniture negotiable.

Useful Info

Contingency:Pending Inspections
Original List Price:$679,950
Close Price:$670,000
More Listings Same Building:Island Terrace at 5 Island Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Vinyl
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Water
  • City
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bay Front
Security:
  • Smoke Detector(s)
  • Door Man
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Fire Alarm
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Built-in Oven
  • Electric Range
  • Self Cleaning Oven
  • Water Purifier
Interior Features:
  • Elevator
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,886

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:2023
Association Fee:$1,287
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Disclosures:
  • Owner Is Listing Agent
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Other
  • See Remarks
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Vehicle Wash Area
  • Trash
  • Clubhouse
  • Laundry
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Reserve Fund
  • Internet
  • Legal/accounting
  • Amenities
  • Laundry
Complex Name:Belle Isle
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit View: Bay,Skyline View,Water View
Housing Older Persons Act: No HOPA
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects No Homestead Tax
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
Subdivision Number: 44
Buyer Country of Residence: Unknown/Withheld
Water Access Description:None

Zoning and Legal

Tax Legal Description:ISLAND TERRACE CONDO UNIT 10-E UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 20562-0349 0702 1
Real Estate Folio Number (Parcel Number):02-32-33-044-0840
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:January 8, 2024 12:56 pm
On Market Date:January 8, 2024
Close Date:May 1, 2024
Price Change Date Time:January 6, 2024 12:48 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 28, 2024 3:05 pm
Status Last Changed:May 28, 2024 3:05 pm
Photos Last Modified:January 8, 2024 8:10 pm
Last Modified:May 29, 2024 6:25 pm
Days on the Market Reference Date:May 29, 2024
Days on the Market (updated on Last Modified*):74
Cumulative Days on the Market (updated on Last Modified**):74

Additional Information

Unit Location:High Rise
Number of Photos Count:18
Area:32
Ref ID:1054178374
Courtesy of:Fortune International Realty
Universal Property Id:US-12025-N-0232330440840-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave 10E
Unit Number:10E
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:5 Island Ave 10E, Miami Beach, FL 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 2''

Neighborhood

Postal City:Miami Beach

Property Map

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