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Backup Offers

5 Island Ave Unit 16E, Miami Beach, FL, 33139

$589,999

Home List Price

$7,006*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
950 SqFt
$621/SqFt
Condo
Schools Nearby

Location

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5 Island Ave Unit 16E, Miami Beach$589,999

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space
Garage1 space
Year Built1967
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Water Access
ViewBay, Water
MLS #A11564582
StatusAccepting Backup Offers
(Active Under Contract)

About 5 Island Ave Unit 16E

This is the LIFE in Miami Beach-step into the MOST spectacular view on the beach in this, the ONLY unit with floor to ceiling windows! Unmatched location-just steps to The Standard, Sunset Harbor dining and boating. This unit is priced to SELL!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1967
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Barbara Triana

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Bedroom on Main Level

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Water Access
  • View: Bay, Water
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, One Space

Virtual/3D Tour

  • Virtual Tour: 5 Island Ave Unit 16E

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • North Beach Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,999
  • Price Per SqFt: $621/SqFt

HOA Fees:

  • Amount: $1288
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

5 Island Ave Unit 16E vs Miami Beach

22 DAYS ON ROCKET

-63 Days

$589,999

+$20.2K More

$621/SqFt

+$47 More

KEY TAKEAWAY

This property is $20.2K more than the Median Sold Price and $47/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11564582

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Barbara Triana

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,300

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2500702
9
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.00 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2500703
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.97 miles

  • Public District Grades 6-8

High School

school-card-donut-2500704
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.13 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,868. Typical income of Miami Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Island Ave Unit 16E

What is the listing price of this property?

The listing price of 5 Island Ave Unit 16E property is $589,999.

What type of property is this?

The property 5 Island Ave Unit 16E is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 5 Island Ave Unit 16E is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5 Island Ave Unit 16E are:
North Beach Elementary School: GreatSchools Rating 9/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 5 Island Ave Unit 16E has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Island Ave Unit 16E is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Island Ave Unit 16E is 1967.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331395 Island Ave Unit 16E

This home is located at 5 Island Ave Unit 16E in Miami Beach, FL and zip code 33139 in the Belle Isle neighborhood. This 950 square foot home was built in 1967. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $589,999.

In March 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 118 were sold below. The number of homes for sale in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. Listings spent 85 days on the market in March 2024, and had a median list price of $569,797 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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