Home » Miami Beach » Island Terrace at 5 Island Ave Miami Beach » 5 Island Ave 8B, Miami Beach, FL 33139 | A11676898

For Sale 5 Island Ave 8B, Miami Beach, FL 33139

$580,000

Property Highlights

Listing ID A11676898 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. COMMUNITY POOL Year Built 1967 Waterfront Time of this property on Rebonus 53 Day(s)

5 Island Ave 8B, Miami Beach, FL 33139

Property Description: Beautifully appointed & remodeled 1 bedroom, 1.5-bathroom condo at Island Terrace, a boutique waterfront building on highly desired Belle Isle by Venetian Causeway, Miami Beach. Unit in great condition! Enjoy North, NE and West water views towards the bay, Miami, and Miami Beach from the open balcony with new impact door. Bathrooms are renovated modern. The kitchen has new LG appliances. Maintenance fee includes hot water, cable, internet, fully equipped exercise room, work from home space, 24/7 concierge, and pool - patio overlooking the bay with amazing views. Island Terrace was designed by famed architect Morris Lapidus. Just a 10-min. drive to Downtown. Walk to Lincoln Rd, Trader Joes, and more. Enjoy the wonderful park w/dog pk on Belle Isle.

Useful Info

Original List Price:$580,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
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
Levels:One
Entry Level (floor):8
Entry Level Location:8
Construction Materials:
  • Block
Flooring:
  • Laminate
Number of stories:15
Stories:1

Property Features

Has View:Yes
View from the Property:
  • Water
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
  • Lobby Secured
  • Other
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Electric Range
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Main Living Area Entry Level
  • Dual Sinks
Exterior Features:
  • Balcony
  • Storm/security Shutters
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
  • Other
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$3,311

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 Homestead Tax

Terms

Disclosures:
  • Special Assessment
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
  • Vehicle Wash Area
  • Clubhouse
  • Laundry
  • Elevator(s)
  • Fitness Center
Subdivision Name:ISLAND TERRACE CONDO
Association Fee Includes:
  • Roof
  • Sewer
  • Water
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Reserve Fund
  • Internet
  • Hot Water
  • Legal/accounting
  • Amenities
Complex Name:Island Terrace
Senior Community:No
Restrictions: Other Restrictions, Renting Limited

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.

High School:Miami Beach

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay,Water View
Housing Older Persons ActUnverified
Unit DesignHigh Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee150
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1090168483
PACE (Property Assessed Clean Energy) program0
Subdivision Number44
Water Access Description:None

Zoning and Legal

Tax Legal Description:ISLAND TERRACE CONDO UNIT 8-B UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 11517-2232 0782 1 OR 21333-4502 06 2003 1 COC 25
Real Estate Folio Number (Parcel Number):02-32-33-044-0610
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:October 16, 2024 2:37 pm
On Market Date:October 16, 2024
Price Change Date Time:October 16, 2024 2:37 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:October 16, 2024 2:37 pm
Status Last Changed:October 16, 2024 2:37 pm
Photos Last Modified:October 25, 2024 6:22 pm
Last Modified:November 13, 2024 4:31 pm
Days on the Market Reference Date:November 13, 2024
Days on the Market (updated on Last Modified*):28
Cumulative Days on the Market (updated on Last Modified**):28

Additional Information

Unit Location:High Rise,Lobby
Number of Photos:30
Location:,,
Included:,,
Area:32
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12025-N-0232330440610-R-N

Location

Show Property Address:Yes
Street Name:Island Ave
Street Number:5
Street Address:5 Island Ave 8B
Unit Number:8B
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:5 Island Ave 8B, Miami Beach, FL 33139
Latitude:N25° 47' 26''
Longitude:W81° 51' 1.8''

Neighborhood

Postal City:Miami Beach

Property Map

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