4 months on rocket

20 Island Ave Unit 505, Miami Beach, FL, 33139

$598,000

Home List Price

$7,101*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
856 SqFt
$699/SqFt
Condo

Location

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20 Island Ave Unit 505, Miami Beach$598,000

Buyer Closing Credits

$7,101*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Garage, One Space
Garage1 space
Year Built1962
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Canal
ViewBay, Canal
MLS #A11638075
StatusActive

About 20 Island Ave Unit 505

A fully renovated and updated Architect's home. Sitting on the 05 line of the iconic Belle Plaza on Belle Isle, facing Biscayne Bay, Dade Blvd Canal and Belle Isle park It features one bedroom, one full bathroom, powder room and lots of closet spaces. A real entertainer's home with open kitchen floor plan. Porcelain floors throughout. Living and dining open to a large balcony & expansive views of the bay, canal and park. Easy walking distance to Lincoln Rd., The Standard Hotel, Trader Joe's, Publix, Walgreens, Ross stores, The Fresh Market and Maurice Gibb Memorial Park. The building features 24 hours concierge, renovated gym, meeting room, bike rack, kayak storage, storage on penthouse, BBQ facilities, tables, spa style heated pool & jacuzzi. See Office, notes for showing contact

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1962
  • Living Area: 856 SqFt

Listing Office:

  • Office Name: J & L Beach Realty Inc
  • Office Phone: (305) 216-9050
  • Listing Agent: James Resnick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior: Built-in Features, Closet Cabinetry, Living/Dining Room, Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Canal
  • View: Bay, Canal
  • Exterior: Balcony, Security/High Impact Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 20 Island Ave Unit 505
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $598,000
  • Price Per SqFt: $699/SqFt

HOA Fees:

  • Amount: $1041
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

20 Island Ave Unit 505 vs Miami Beach

131 DAYS ON ROCKET

+34 Days

$598,000

-$19.5K Less

$699/SqFt

+$94 More

KEY TAKEAWAY

This property is $19.5K less than the Median Sold Price and $94/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: #A11638075

Listing Office:

  • Office Name: J & L Beach Realty Inc
  • Office Phone: (305) 216-9050
  • Listing Agent: James Resnick

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: 12/18/2024, 8:20:50 AM 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

$4,093

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,859

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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.

Nearby Schools

school-card-donut-4461883
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-4461884
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-4461885
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.89 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,875. Most Miami Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 20 Island Ave Unit 505

What is the listing price of this property?

The listing price of 20 Island Ave Unit 505 property is $598,000.

What type of property is this?

The property 20 Island Ave Unit 505 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 20 Island Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 20 Island Ave Unit 505 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20 Island Ave Unit 505 is 856 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20 Island Ave Unit 505 is 1962.

Rocket HomesFloridaMiami-Dade CountyMiami Beach3313920 Island Ave Unit 505

This home is located at 20 Island Ave Unit 505 in Miami Beach, FL and zip code 33139 in the Belle Isle neighborhood. This 856 square foot home was built in 1962. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $598,000.

In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. The number of listings in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 97 days, the median list price was $617,500.

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

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