5 ISLAND AVE 4G, Miami Beach, FL 33139

Parcel: 0232330440260 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$299,402

Property Details

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

Sales History

1
$59,000
1991-06-01
2
$283,000+380%
2014-01-17
BETZAIDA FERRERRUSSELL MACK LEE JR
3
$472,500+67%
2018-01-23
RUSSELL MACK LEE JRBLANCHE SEIFER

Tax Assessment History

$299,402
Assessed (2025)
$461,683
Market Value
$248,680
Taxable Value
$5,063
Annual Tax
2024
$290,965
$461,683
2025
$299,402
$461,683
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $299,402 $461,683 $248,680 $5,063
2024 $290,965 $461,683 $240,965 $4,906

About 5 ISLAND AVE 4G, Miami Beach, FL 33139

5 ISLAND AVE 4G, 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 BLANCHE SEIFER BROOKE ASHLEY WALIS, 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 2018-01-23 for $472,500, when RUSSELL MACK LEE JR sold to BLANCHE SEIFER. The property has appreciated $189,500 (67%) since the prior sale of $283,000 on 2014-01-17. There are 3 recorded sales for this property.

The 2025 assessed value is $299,402 with a market value of $461,683. The assessed value increased 3% from $290,965 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. There are active mortgage liens totaling $200,481 recorded against this property.

5 ISLAND AVE 4G, 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 1991 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 63% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $497 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BLANCHE SEIFER BROOKE ASHLEY WALIS
5 ISLAND AVE 4G, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,992 — $7,386
Flood $400 — $800
Property/Wind $3,592 — $6,586

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 →

Mortgages

ACTIVE
$216,000
~$200,481 bal.
UNITED WHOLESALE MORTGAGE · 2020-08-10
Est. Total Balance $200,481
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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