Island Terrace Unit 15A Sold
Property Details
| Sold Price | $565,000 |
|---|---|
| Last Asking Price | $565,000 |
| Price per SqFt | $595 |
| Maintenance Fee | $815 Monthly |
| Property Taxes | $4,888 2021 |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1967 |
| Closed Date | 5/20/2022 |
| MLS # | A11173724 |
Location
From the listing
Absolutely beautiful water views from this large 1bed/1.5bath on Belle Island South Beach. Wonderfully renovated and ready for move in. Large balcony, impact windows, top of the line appliances, lots of light and closet space. Apartment comes with an assigned parking spot and extra storage. Island terrace is a full amenity boutique building by famous Mimo architect Morris Lapidus. Newly renovated Bayfront pool and new gym, 24 hr front desk service, onsite management. Best of all is the location; across the street from the Standard Hotel, a couple of blocks from Sunset Harbor shops and restaurants, close to Lincoln Road and 5 minutes to Downtown, the Design District and Edgewater. Belle Island Neighborhood park is right across the street with a playground for children and gated pet area.
Listed by Brown Harris Stevens
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $815 a month; taxes $4,888 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 15A
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A12066186 | $440,000 | 9/15/26 |
| A10577661 | $399,000 | 2/15/19 |
| A1873154 | $423,000 | 2/7/14 |
| A1786865 | $280,000 | 6/28/13 |
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 ⇅ |
|---|---|---|---|
| 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 Brown Harris Stevens. 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 15A, 5 Island Ave · MLS A11173724 · Sold May 2022
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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, 6 units are for sale and 4 sold in the last 12 months at an average of $524 per SqFt. Unit 15A sold at $595 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.