Island Terrace Unit 7D Sold
Property Details
| Sold Price | $1,100,000 |
|---|---|
| Last Asking Price | $1,150,000 |
| Price per SqFt | $825 |
| Maintenance Fee | $1,768 Monthly |
| Property Taxes | $12,943 2023 |
| Interior Space | 1,333 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1967 |
| Closed Date | 4/22/2024 |
| MLS # | A11537294 |
Location
From the listing
Coveted SW corner unit w/expansive bay & skyline views. Large balcony offers total privacy for sunbathing, relaxing or entertaining. Clean, contemporary design w/simple finishes & neutral colors complement this Morris Lapidus MiMo building.The primary BR is ensuite with dual sinks, built-in linen cabinet & private water closet w/shower & tub. The walk-in closet has open shelving, drawers & flexible hanging areas. 2nd BR features custom day beds & is open to the living room, offering flexibility for an office, studio or guest room. Impact windows/doors, extra wide covered parking space + storage unit. Heated bayside pool, gym & bike storage. Standard Hotel, Belle Isle Park & a CitiBike station are just steps away; Sunset Harbour, Lincoln Road, all within a short walk.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,768 a month; taxes $12,943 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 7D
Sales history is unavailable for this property
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 |
| 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 |
| 5D | $830,000$623/SqFt | 93% | 5/19/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, 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
Island Terrace Unit 7D, 5 Island Ave · MLS A11537294 · Sold Apr 2024
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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 7D sold at $825 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.