5 ISLAND AVE 2D, Miami Beach, FL 33139

Parcel: 0232330440070 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$605,088

Property Details

Beds
2
Baths
2
Living Sqft
1,305
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$480,000
2006-12-01
2
N/Anon-market transfer
2007-06-01
3
$360,000
2010-12-15
JURGEN BRENDELCARMEN FERREIRA

Tax Assessment History

$605,088
Assessed (2025)
$796,868
Market Value
$554,366
Taxable Value
$11,286
Annual Tax
2024
$588,035
$796,868
2025
$605,088
$796,868
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $605,088 $796,868 $554,366 $11,286
2024 $588,035 $796,868 $538,035 $10,954

About 5 ISLAND AVE 2D, Miami Beach, FL 33139

5 ISLAND AVE 2D, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1967 with 1,305 square feet of living space. The property is currently owned by CARMEN FERREIRA DE TERENZIO, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-12-15 for $360,000, when JURGEN BRENDEL sold to CARMEN FERREIRA. There are 3 recorded sales for this property. The 2025 assessed value is $605,088 with a market value of $796,868.

The assessed value increased 3% from $588,035 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $189,605, and the median home value is $1,453,400.

The population density is 3,945 people per square mile. 5 ISLAND AVE 2D, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2006 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 168% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $276 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CARMEN FERREIRA DE TERENZIO
5 ISLAND AVE UNIT 2D, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$7,661 — $14,111
Flood $400 — $800
Property/Wind $7,261 — $13,311

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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