Island Terrace Unit 12B Sold
Property Details
| Sold Price | $390,000 |
|---|---|
| Last Asking Price | $440,000 |
| Price per SqFt | $411 |
| Maintenance Fee | $748 Monthly |
| Property Taxes | $5,505 2020 |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 1967 |
| Closed Date | 10/25/2021 |
| MLS # | A11010686 |
Location
From the listing
EXCEPTIONAL location, fully furnished, great value! Beautiful 1/1BA. Building designed by famous Architect Morris Lapidus, located across from The Standard Hotel. Enjoy beautiful views, great proximity to the beach, retail, Lincoln Road, walking distance to Miami Beach's finest restaurants, Fresh Market, Trader Joes and Publix. Very easy access to Dowtown Miami, Design District and Wynwood via the Venetian Causeway. Heated pool, covered parking, gym, 24h doorman. Laundry facility conveniently located on the 12th floor.
Listed by Spectrum Realty Group LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $748 a month; taxes $5,505 for 2020. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 12B
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1610900 | $220,000 | 5/29/12 |
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 ⇅ |
|---|---|---|---|
| 15A | $440,000$463/SqFt | 93% | 9/15/26 |
| 15G | $575,000$605/SqFt | 91% | 4/28/26 |
| 4E | $485,000$511/SqFt | 97% | 12/29/25 |
| 4F | $456,250$480/SqFt | 91% | 6/20/25 |
| 4K | $450,000$662/SqFt | 100% | 4/15/25 |
| 14G | $618,000$651/SqFt | 97% | 1/7/25 |
| 16E | $570,000$600/SqFt | 97% | 5/15/24 |
| 9F | $650,000$684/SqFt | 96% | 5/15/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Spectrum Realty Group LLC. 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
Mark is not available at the moment, but he usually responds quickly.
Island Terrace Unit 12B, 5 Island Ave · MLS A11010686 · Sold Oct 2021
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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, 7 units are for sale and 4 sold in the last 12 months at an average of $524 per SqFt. Unit 12B sold at $411 per SqFt, below 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.