5 Island Ave APT 3C
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-210/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Miami Beach
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $950,000 | $728 |
| 2025-07-01 | Listing removed | $950,000 | $728 |
| 2024-11-30 | Listed for sale | $950,000 | $728 |
| 2024-08-04 | Listing removed | $950,000 | $728 |
| 2024-06-04 | Listed for sale | $950,000 | $728 |
| 2016-03-01 | Listing removed | $5,000 | $4 |
| 2015-10-31 | Listed for rent | $5,000 | $4 |
| 2012-08-20 | Sold | $450,000 | $345 |
| 2012-07-19 | Listed for sale | $475,000 | $364 |
| 2012-04-07 | Listing removed | $475,000 | $364 |
| 2012-04-05 | Listed for sale | $475,000 | $364 |
| 2000-08-08 | Sold | $197,500 | $151 |
| 1994-12-05 | Sold | $140,000 | $107 |
| 1993-07-07 | Sold | $130,000 | $100 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $13,949.77 | $710,088 |
| 2024 | $13,182.12 | $645,535 |
| 2023 | $12,015.5 | $586,850 |
| 2022 | $10,183.89 | $533,500 |
| 2021 | $9,364.44 | $485,000 |
| 2020 | $9,389.42 | $485,000 |
| 2019 | $9,398.58 | $485,000 |
| 2018 | $9,489.16 | $504,630 |
| 2017 | $9,489.16 | $520,208 |
| 2016 | $9,983.14 | $472,917 |
| 2015 | $9,288.66 | $429,925 |
| 2014 | $8,082.54 | $390,841 |
| 2013 | $2,976.28 | $355,310 |
| 2012 | $2,976.28 | $185,629 |
| 2011 | $2,895.64 | $180,223 |
| 2010 | $3,021.02 | $177,560 |
| 2009 | $2,727.88 | $172,892 |
| 2007 | $2,878.71 | $142,690 |
| 2006 | $3,249.68 | $0 |
| 2005 | $3,249.68 | $0 |
| 2004 | $3,197.37 | $0 |
| 2003 | $3,078.82 | $0 |
| 2002 | $2,169.5 | $0 |
| 2001 | $2,169.5 | $0 |
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