Island Terrace Unit 15A Sold
Property Details
| Sold Price | $440,000 |
|---|---|
| Last Asking Price | $475,000 |
| Price per SqFt | $463 |
| Maintenance Fee | $1,536 Monthly |
| Property Taxes | $9,564 2025 |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1967 |
| Closed Date | 9/15/2026 |
| MLS # | A12066186 |
Location
From the listing
Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,536 a month; taxes $9,564 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 15A
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11173724 | $565,000 | 5/20/22 |
| 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 (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 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 |
| 10E | $670,000$705/SqFt | 99% | 5/1/24 |
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 15A, 5 Island Ave · MLS A12066186 · Sold Sep 2026
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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 $463 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.