5 ISLAND AVE 12D, Miami Beach, FL 33139

Parcel: 0232330441030 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$209,863

Property Details

Beds
2
Baths
2
Living Sqft
1,333
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$5,000,000
1976-05-01
2
$54,500-99%
1976-10-01
3
$137,500+152%
1997-08-01

Tax Assessment History

$209,863
Assessed (2025)
$904,995
Market Value
$159,141
Taxable Value
$3,240
Annual Tax
2024
$203,949
$904,995
2025
$209,863
$904,995
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $209,863 $904,995 $159,141 $3,240
2024 $203,949 $904,995 $153,949 $3,134

About 5 ISLAND AVE 12D, Miami Beach, FL 33139

5 ISLAND AVE 12D, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1967 with 1,333 square feet of living space. The property is currently owned by ANDRES J RUIZ & JAMES S GILHAM, 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 1997-08-01 for $137,500. The property has appreciated $83,000 (152%) since the prior sale of $54,500 on 1976-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $209,863 with a market value of $904,995. The assessed value increased 3% from $203,949 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. 5 ISLAND AVE 12D, 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 1976 to 1997, with 3 recorded transactions in the public record. The current assessed value represents 153% 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 $103 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ANDRES J RUIZ & JAMES S GILHAM
5 ISLAND AVE #12-D, MIAMI BEACH, FL, 33139-1327
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,918 — $5,416
Flood $400 — $800
Property/Wind $2,518 — $4,616

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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