5 ISLAND AVE 3E, Miami Beach, FL 33139

Parcel: 0232330440140 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$399,699

Property Details

Beds
1
Baths
1.5
Living Sqft
950
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$130,000
2010-10-28
DEUTSCHE BANK NATIONAL TRUST COMPANY TRSJAY MORGINSTIN
2
$240,000+85%
2012-07-10
JAY MORGINSTINPANAGIOTA PEPPY IPLIXIAN
3
$335,000+40%
2017-10-05
PANAGIOTA PEPPY IPLIXIANROBERT NEWMAN

Tax Assessment History

$399,699
Assessed (2025)
$457,111
Market Value
$399,699
Taxable Value
$8,138
Annual Tax
2024
$363,363
$457,111
2025
$399,699
$457,111
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $399,699 $457,111 $399,699 $8,138
2024 $363,363 $457,111 $363,363 $7,398

About 5 ISLAND AVE 3E, Miami Beach, FL 33139

5 ISLAND AVE 3E, Miami Beach, FL 33139 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1967 with 950 square feet of living space. The property is currently owned by ROBERT NEWMAN GWEN NEWMAN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-10-05 for $335,000, when PANAGIOTA PEPPY IPLIXIAN sold to ROBERT NEWMAN. The property has appreciated $95,000 (40%) since the prior sale of $240,000 on 2012-07-10. There are 3 recorded sales for this property.

The 2025 assessed value is $399,699 with a market value of $457,111. The assessed value increased 10% from $363,363 in 2024. 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 3E, 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 2010 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $353 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ROBERT NEWMAN GWEN NEWMAN
5 ISLAND AVE 3E, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,196 — $9,593
Flood $400 — $800
Property/Wind $4,796 — $8,793

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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