tomo logo

$750,000

Beds
2
Baths
2.0
sq ft
1,302

5 Island Ave Unit 4H, Miami Beach, FL 33139

5 Island Ave Unit 4H

Miami Beach, FL 33139

  • 1 day on market
Stunning Corner Unit at Island Terrace! Enjoy breathtaking south and east-facing views of Biscayne Bay and Belle Isle Park from this 2-bedroom, 2-bath unit. This inviting unit features: - Bright, open living area with abundant natural light. - Updated impact windows. - Modern kitchen with ample storage and sleek finishes. - Primary bedroom with en-suite bath. - Versatile second bedroom and bath for guests or a home office. Island Terrace offers a bayfront pool, fitness center, 24-hour secured lobby, and assigned parking. Located in desirable Belle Isle, you're steps from Sunset Harbour’s restaurants, cafes, and shops—and a short walk to Lincoln Road and the beach. Don't miss this opportunity to own a slice of paradise in Miami Beach!

Details

Property type

Condominium

Est. home value

$827,145

Lot size

Unknown

Price per sq ft

$577

Year built

1967

Annual property taxes

$8,691

Monthly HOA fee

$2,054

Price History

03/31/2025
SEF

SEF #A11773929

Listed
$750,000
+41.51%
04/23/2021
SEF

SEF #A10998128

Sold
$530,000

Schools & Community

Neighborhood: 

Belle Isle

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

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

Bank Of America Na

Loan start date

April 2021

Original loan amount

$424,000

Est. remaining balance

$387,871

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Matthew S Heerman and Christopher E Richmond

Lender

Bank Of America Na

Loan start date

April 2021

Original loan amount

$424,000

Est. remaining balance

$387,871

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Matthew S Heerman and Christopher E Richmond

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: 04/02/2025 at 2:15 AM

Listing updated: 03/31/2025 at 7:06 PM

Listed by: Rebecca Patt, Avanti Way Premiere Phone #: (305) 776-4746

MLS: SEF #A11773929

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