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$1,250,000

Beds
2
Baths
2.0
sq ft
1,305

5 Island Ave Unit 2C, Miami Beach, FL 33139

5 Island Ave Unit 2C

Miami Beach, FL 33139

  • 51 days on market
Stylish Apartment with Breathtaking Water Views in Miami Beach This renovated 2-bedroom, 2-bathroom unit on Belle Isle in the Venetian Islands features an open floor plan perfect for entertaining. The oversized master suite includes a custom walk-in closet and an en-suite bath with a luxurious rain shower. The custom kitchen boasts Italian marble counters and backsplash, top-of-the-line appliances, a beverage cooler, and ample storage. The expansive terrace offers panoramic water views and breathtaking sunsets. A classic Morris Lapidus building with easy access to Sunset Harbor and the vibrant atmosphere of Lincoln Road with its trendy shops, cafes, and entertainment. Plus, it is in front of a beautiful park and across the street from The Standard Spa Hotel. Pictures to come.

Details

Property type

Condominium

Est. home value

$1,022,069

Lot size

Unknown

Price per sq ft

$958

Year built

1967

Annual property taxes

$14,887

Monthly HOA fee

$2,077

Price History

02/07/2025
SEF

SEF #A11741120

Listed
$1,250,000
+32.28%
10/31/2022
SEF

SEF #A11271794

Sold
$945,000
+46.51%
02/04/2019
SEF

SEF #A10571827

Sold
$645,000

Schools & Community

Neighborhood: 

Belle Isle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

February 2019

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Maurice Burg and Ruth Burg

Lender

Quicken Loans Inc

Loan start date

February 2019

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Maurice Burg and Ruth Burg

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 9:55 PM

Listing updated: 03/20/2025 at 10:35 PM

Listed by: Laura Lavergne, PMG Residential LLC Phone #: (305) 917-1070

MLS: SEF #A11741120

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