Island Terrace Unit 15C Sold
Property Details
| Sold Price | $675,000 |
|---|---|
| Last Asking Price | $685,000 |
| Price per SqFt | $517 |
| Maintenance Fee | $816 Monthly |
| Property Taxes | $7,748 2016 |
| Interior Space | 1,305 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1967 |
| Closed Date | 8/1/2018 |
| MLS # | A10425873 |
Location
From the listing
Spectacular unobstructed direct-bay views of Biscayne Bay and the Miami skyline in this rare high-floor condo at 5 Island Avenue. This corner 2 bedroom / 2 bath has been fully renovated and boasts 1,305 SF. Euro style kitchen cabinetry and stainless steel appliances opens to a magnificent living area. An oversized master bedroom with enormous walk-in closet and a beautiful marble en-suite bath. Designed by famed Morris Lapidus, this boutique building offers a stylish lobby, a newly renovated bay-front pool, gym as well as a dedicated storage unit. Situated on the Venetian Islands across from The Standard Hotel, you will be within a short distance to Lincoln Road and Sunset Harbour shops.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $816 a month; taxes $7,748 for 2016. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 15C
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11183589 | $925,000 | 6/7/22 |
| A1824703 | $660,000 | 10/9/13 |
What Other Units Have Been Selling For at Island Terrace
4 units sold at Island Terrace in the last 12 months at an average of $524/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 12C | $679,000$520/SqFt | 75% | 8/27/26 |
| 15D | $1,463,000$1,098/SqFt | 89% | 9/5/25 |
| 11H | $700,000$538/SqFt | 90% | 1/9/25 |
| 7D | $1,100,000$825/SqFt | 96% | 4/22/24 |
| LD | $949,000$712/SqFt | 100% | 7/11/23 |
| 2C | $945,000$724/SqFt | 97% | 10/31/22 |
| 10C | $1,050,000$805/SqFt | 89% | 6/27/22 |
| 15C | $925,000$709/SqFt | 97% | 6/7/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
Island Terrace Unit 15C, 5 Island Ave · MLS A10425873 · Sold Aug 2018
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Island Terrace
At Island Terrace, 5 units are for sale and 4 sold in the last 12 months at an average of $524 per SqFt. Unit 15C sold at $517 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.