5 ISLAND AVE 4H, Miami Beach, FL 33139

Parcel: 0232330440270 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$518,309

Property Details

Beds
2
Baths
2
Living Sqft
1,302
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2004-06-01
2
$416,500
2014-02-28
DOMINIQUE CASTANOSONNY Z FELLIG
3
$530,000+27%
2021-04-22
SONNY Z FELLIGMATTHEW S HEERMAN

Tax Assessment History

$518,309
Assessed (2025)
$648,087
Market Value
$467,587
Taxable Value
$9,520
Annual Tax
2024
$503,702
$648,087
2025
$518,309
$648,087
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $518,309 $648,087 $467,587 $9,520
2024 $503,702 $648,087 $453,702 $9,237

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

5 ISLAND AVE 4H, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1967 with 1,302 square feet of living space. The property is currently owned by MATTHEW S HEERMAN CHRISTOPHER E RICHMOND, 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 2021-04-22 for $530,000, when SONNY Z FELLIG sold to MATTHEW S HEERMAN. The property has appreciated $113,500 (27%) since the prior sale of $416,500 on 2014-02-28. There are 3 recorded sales for this property.

The 2025 assessed value is $518,309 with a market value of $648,087. The assessed value increased 3% from $503,702 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 $398,625 recorded against this property.

5 ISLAND AVE 4H, 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 2004 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $407 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MATTHEW S HEERMAN CHRISTOPHER E RICHMOND
5 ISLAND AVE #4H, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,619 — $12,202
Flood $400 — $800
Property/Wind $6,219 — $11,402

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
$424,000
~$398,625 bal.
BANK OF AMERICA NA · 2021-05-05
Est. Total Balance $398,625
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales