Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave 14G, Miami Beach, FL 33139 | A11600561

5 Island Ave 14G, Miami Beach, FL 33139 | For Sale

$650,000
Price has decreased by $25,000

Property Highlights

Listing ID A11600561 Status of this Listing: Active For Sale 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 on Rebonus 103 Day(s)
20 Photos of this Property

5 Island Ave 14G, Miami Beach, FL 33139

Property Description: Enjoy stunning bay and city views from this fully remodeled, oversize 1-bedroom oasis in the heart of Belle Isle. With impact windows, an open kitchen, and ample natural light, this gem is just a quick walk away from Sunset Harbor, Lincoln Road, and the exclusive Venetian Islands. The Island Terrace community offers a fitness center, heated pool, and 24-hour concierge.

Useful Info

Previous Asking Price:$675,000
Original List Price:$675,000
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):14
Entry Level Location:14
Construction Materials:
  • Block
Flooring:
  • Wood
  • Marble
Number of stories:15

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • City
  • Bay
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Bayfront
Security:
  • Fire Sprinkler System
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Refrigerator
  • Built-in Oven
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Kitchen Island
  • Bedroom On Main Level
  • Entrance Foyer
Exterior Features:
  • 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:$5,268

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:$1,269
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Laundry
  • Fitness Center
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
Complex Name:ISLAND TERRACE CONDO
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, Other Restrictions, OK To Lease

Parking

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

Public Schools Assigned

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

Elementary School:North Beach
High School:Miami Beach
Middle Or Junior School:Nautilus

More Details

Other Information:
Unit View: Bay,Intracoastal View,Skyline View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,Interior Hall,Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 150
Tax Information: Tax Reflects No Homestead 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:Community Boat Dock

Zoning and Legal

Tax Legal Description:ISLAND TERRACE CONDO UNIT 14-G UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 COC 24652-2858 05 2006 5
Real Estate Folio Number (Parcel Number):02-32-33-044-1160
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:June 5, 2024 9:50 am
On Market Date:June 5, 2024
Price Change Date Time:August 20, 2024 3:59 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:August 20, 2024 3:59 pm
Status Last Changed:June 5, 2024 9:50 am
Photos Last Modified:September 4, 2024 8:22 pm
Last Modified:September 16, 2024 5:36 pm
Days on the Market Reference Date:September 16, 2024
Days on the Market (updated on Last Modified*):103
Cumulative Days on the Market (updated on Last Modified**):103

Additional Information

Unit Location:East Of Us1,Interior Hall,Lobby
Number of Photos Count:20
Area:32
Ref ID:1076106560
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-0232330441160-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave 14G
Unit Number:14G
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:5 Island Ave 14G, Miami Beach, FL 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 2''

Neighborhood

Postal City:Miami Beach

Property Map

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