Island Terrace Unit 8H For Sale
Property Details
| Asking Price | $925,000 |
|---|---|
| Price per SqFt | $710 |
| Maintenance Fee | $1,903 Monthly |
| Property Taxes | $11,978 2026 |
| Interior Space | 1,302 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1967 |
| MLS # | A12048077 |
Location
From the listing
Welcome to THE BAYFRONT MASTERPIECE that is 5 Island Ave.#8H. Newly Updated to the Highest Standards! This 5-Star Bayfront Condo is Ready for the Most Discerning Buyers. 5 Island Ave. is a Luxury Boutique Building in the Heart of SOBE Renowned for its Central Location and Peaceful Waterfront Lifestyle. Newly Updated Pool, Fitness Center and Common Areas Compliment the Designer Interior that Greet You as You Enter this STUNNING BAYFRONT South Beach Residence. Corner Apartment. Walking Distance to All That Makes SOBE the Envy of All Coastal Residents. If You Seek a Peaceful Waterfront Lifestyle in A Central SoBe Location, This Is for You!
Listed by Trust Group Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,903 a month; taxes $11,978 for 2026. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 8H
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10923624 | $630,000 | 12/1/20 |
| A2047897 | $450,000 | 1/20/15 |
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 · This unit (8H) is asking $710/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 Trust Group Realty 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 8H, 5 Island Ave · MLS A12048077 · $925,000
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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 8H asks $710 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.