Market overview
Total active
7
Avg price
$582,285.71
Median price
$459,000.00
Price range
$400,000.00 – $950,000.00
Avg $/sqft
$554.00
Luxury (1M+)
0
📡
Market Pulse
Based on 493 closed sales in Miami Beach · last 12 months
💰
Median Sold Price
$670,000
from closed sales
📅
Avg. Days on Market
122 days
from list to contract
📊
Absorption Rate
5.4%
of inventory sold per month
🎯
Sale-to-List Ratio
93.0%
of asking price
Source: Spark MLS · Updated every 6h
There are 7 homes for sale in Island Terrace Condo. The median price in Island Terrace Condo is $459,000. Listings range from $400,000 to $950,000. Property mix: 7 Residential.
Market snapshot
- Active listings
- 7
- Homes for sale
- 7
- Homes for rent
- 1
- Median price
- $459K
- Waterfront homes
- 8
- With pool
- 2
Market context
The median home price in Island Terrace Condo is currently around $459,000. This sits below the overall Miami Beach median, making it a notable option for buyers exploring waterfront communities in this part of Miami Beach.
Positioning
- ·Price: below Miami Beach median
- ·Mix: sale and rent
- ·Dominant type: Residential
- ·Waterfront: 8
Best fit for
- Waterfront-focused buyers
- Condo buyers
- Buyers comparing lower-entry options in Miami Beach
Compare homes in Island Terrace Condo with the wider Miami Beach market
Browse by type and price in Miami Beach to compare with listings in Island Terrace Condo.
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Listings in Island Terrace Condo
Active · Miami Beach
$458,000
5 Island Avenue 2F, Miami Beach, FL 33139 · Miami Beach · FL 33139
1 bd · 2 ba · 950 sqft
Waterfront
View detailsActive · Miami Beach
$925,000
5 Island Avenue 8H, Miami Beach, FL 33139 · Miami Beach · FL 33139
2 bd · 2 ba · 1,302 sqft
WaterfrontPool
View detailsActive · Miami Beach
$400,000
5 Island Avenue 6A, Miami Beach, FL 33139 · Miami Beach · FL 33139
1 bd · 2 ba · 950 sqft
Waterfront
View detailsActive · Miami Beach
$950,000
5 Island Avenue 3C, Miami Beach, FL 33139 · Miami Beach · FL 33139
2 bd · 2 ba · 1,305 sqft
Waterfront
View detailsActive · Miami Beach
$464,000
5 Island Avenue LF, Miami Beach, FL 33139 · Miami Beach · FL 33139
1 bd · 2 ba · 950 sqft
Waterfront
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