Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave 11H, Miami Beach, FL 33139 | A11596080

5 Island Ave 11H, Miami Beach, FL 33139 | For Sale

$830,000
Price has decreased by $19,369

Property Highlights

Listing ID A11596080 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,302 Sqft/120.96 m2 approx. Building Area 1,302 Sqft/120.96 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 105 Day(s)
16 Photos of this Property

5 Island Ave 11H, Miami Beach, FL 33139

Property Description: This move-in ready 2-bedroom, 2-bathroom condo on a high floor offers breathtaking water views of Biscayne Bay. Each bedroom provides unobstructed water views, with ample closet space, including a walk-in closet in the master bedroom. Located on Island Avenue in Miami Beach, Island Terrace offers a host of amenities, including a stunning waterfront pool perfect for enjoying spectacular sunsets. Being on the Venetian Island allows you to enjoy running the Venetian Causeway and walking to the Sunset Harbour neighborhood to explore top Miami restaurants, shops, gyms, and more. This property combines luxurious living with beautiful scenery, making it an ideal home. Best two bedroom deal on all of Island Avenue.

Useful Info

Previous Asking Price:$849,369
Original List Price:$849,369
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:
  • Unknown
Entry Level (floor):11
Entry Level Location:11
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Bay
  • Other
Waterfront:Yes
Waterfront Features:
  • Seawall
  • Bayfront
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Lobby Secured
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
  • Ice Maker
  • Self Cleaning Oven
Interior Features:
  • First Floor Entry
  • Pantry
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Stacked Bedrooms
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$10,964

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:$1,694
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Trash
  • Clubhouse
  • Laundry
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Roof
  • Sewer
  • Water
  • Trash
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Amenities
  • Laundry
Complex Name:ISLAND TERRACE
Senior Community:No
Restrictions: Other Restrictions

Parking

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

More Details

Other Information:
Unit View: Bay,Other View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 150
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
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 11-H UNDIV .9207% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 20787-2050 1102 1
Real Estate Folio Number (Parcel Number):02-32-33-044-0970
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:June 6, 2024 2:58 pm
On Market Date:June 6, 2024
Price Change Date Time:August 26, 2024 12:04 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:August 26, 2024 12:04 pm
Status Last Changed:June 6, 2024 2:58 pm
Photos Last Modified:September 4, 2024 12:46 pm
Last Modified:September 4, 2024 12:34 pm
Days on the Market Reference Date:September 4, 2024
Days on the Market (updated on Last Modified*):90
Cumulative Days on the Market (updated on Last Modified**):90

Additional Information

Unit Location:East Of Us1
Number of Photos Count:16
Area:32
Ref ID:1076171054
Automated Valuation Display:Yes
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0232330440970-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave 11H
Unit Number:11H
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:5 Island Ave 11H, Miami Beach, FL 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 2''

Neighborhood

Postal City:Miami Beach

Property Map

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