5 ISLAND AVE 11B, Miami Beach, FL 33139

Parcel: 0232330440910 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$494,910

Property Details

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

Sales History

1
$40,000
1987-05-01
2
N/Anon-market transfer
2014-05-16
SILVIA DIAZSILVIA DIAZ
3
$484,500
2023-01-22
SILVIA DIAZVANNESSA BORGES
4
$484,500
2023-02-14

Tax Assessment History

$494,910
Assessed (2025)
$494,910
Market Value
$444,188
Taxable Value
$9,043
Annual Tax
2024
$494,910
2025
$494,910
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $494,910 $494,910 $444,188 $9,043
2024 $494,910 $494,910 $444,910 $9,058

About 5 ISLAND AVE 11B, Miami Beach, FL 33139

5 ISLAND AVE 11B, 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 VANNESSA BORGES, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-02-14 for $484,500. There are 4 recorded sales for this property. The 2025 assessed value is $494,910 with a market value of $494,910.

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 $350,088 recorded against this property. 5 ISLAND AVE 11B, 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 1987 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $510 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

VANNESSA BORGES
5 ISLAND AVE 11B, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,338 — $11,688
Flood $400 — $800
Property/Wind $5,938 — $10,888

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
$363,375
~$350,088 bal.
UNITED WHOLESALE MORTGAGE LLC · 2023-02-14
Est. Total Balance $350,088
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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