5 ISLAND AVE 10H, Miami Beach, FL 33139

5 ISLAND AVE 10H, 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 PETER J FRIEDMAN &W LORRI FRIEDMAN, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-05-06 for $275,000, when MICHAEL WHEELER & sold to PETER J FRIEDMAN &W. The property has appreciated $6,000 (2%) since the prior sale of $269,000 on 2003-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $644,744 with a market value of $691,270. The assessed value increased 10% from $586,131 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 10H, 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 2003 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 234% 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 $211 per square foot — a key metric for comparing value across Miami Beach's real estate market..