Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave 3C, Miami Beach, FL 33139 | A11578569

5 Island Ave 3C, Miami Beach, FL 33139 | For Sale

$950,000

Property Highlights

Listing ID A11578569 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,305 Sqft/121.24 m2 approx. Building Area 1,305 Sqft/121.24 m2 approx. COMMUNITY 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 on Rebonus 87 Day(s)
32 Photos of this Property

5 Island Ave 3C, Miami Beach, FL 33139

Property Description: Experience the serenity of sipping a glass of wine while taking in breathtaking sunsets over Biscayne Bay and the City Skyline. Reside on the Venetian Islands, where you can enjoy delightful parks and stunning views during a leisurely morning stroll or bike ride from one island to another or to the beach. This charming corner unit boasts 2 Beds, 2 Baths, custom closets, and ample space for entertaining. The pool and BBQ area provide a picturesque view of the bay, allowing you to watch boats pass by, and the building also features a newly renovated gym. Life at Island Terrace offers a laid-back ambiance and is within walking distance to Sunset Harbour where you can find great dining options, gyms and shops. Don 't miss this opportunity to live in the best line in the building.

Useful Info

Original List Price:$950,000
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
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Bayfront
Swimming Pool Features:
  • Association
Security:
  • Door Man
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Family/dining Room
  • Tub Shower
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Plantation Shutters
  • Double Hung
  • Wood Frames
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$11,535

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:$1,713
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Trash
  • Security
  • Common Areas
  • Association Management
  • Amenities
  • Laundry
Complex Name:ISLAND TERRACE
Senior Community:No
Restrictions: No Lease 1st Year Owned

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Pride-hb
High School:Miami Beach
Middle Or Junior School:Nautilus

More Details

Other Information:
Unit View: Bay
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
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
Water Access Description:None

Zoning and Legal

Tax Legal Description:ISLAND TERRACE CONDO UNIT 3 C UNDIV .9082% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 19229-4614 0800 1
Real Estate Folio Number (Parcel Number):02-32-33-044-0120
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:June 3, 2024 9:46 am
On Market Date:June 3, 2024
Activation Date:June 4, 2024
Price Change Date Time:April 30, 2024 12:10 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:June 4, 2024 12:40 am
Status Last Changed:June 4, 2024 12:40 am
Photos Last Modified:June 4, 2024 5:02 am
Last Modified:August 4, 2024 8:01 pm
Days on the Market Reference Date:August 4, 2024
Days on the Market (updated on Last Modified*):61
Cumulative Days on the Market (updated on Last Modified**):61

Additional Information

Unit Location:Corner Unit
Number of Photos Count:32
Area:32
Ref ID:1076025239
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12025-N-0232330440120-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave 3C
Unit Number:3C
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:5 Island Ave 3C, Miami Beach, FL 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 2''

Neighborhood

Postal City:Miami Beach

Property Map

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