18
  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 1403 Sq Ft
  • Area Size
20 Island Ave # 1401, Miami Beach FL 33139 | Miami-Dade County | A12016042
  • $1,199,000

Description

Rarely available, this high-floor prime corner residence offers sweeping views, abundant natural light, and refined contemporary design. This beautifully renovated 2-bedroom, 2-bath home features sophisticated high-end finishes throughout.
Enjoy Bay and park views from your private balcony overlooking Belle Isle Park. Perfectly positioned in the heart of Miami Beach, Unit 1401 is minutes away from Sunset Harbour’s acclaimed dining, boutique shopping, wellness studios, and vibrant nightlife. Luxury, location, and lifestyle come together at this exceptional Belle Isle iconic waterfront address. Belle Plaza, a true waterfront MIMO gem, designed by acclaimed architect T.Trip Russell offers resort-style amenities including a heated bayfront pool, fitness center, valet, and 24-hour security.

Property Overview

This is a 2-bedroom, 2-bath condominium of about 1403 square feet at 20 Island Ave # 1401, Miami Beach FL 33139 (Miami Beach 33139), listed at $1,199,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $1,470.

The tax of record is $11,315 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $23,980/yr (≈ $1,998/mo); with the homestead exemption on a primary residence, about $22,980/yr (≈ $1,915/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $1,199,000. As for what conveys, the MLS record does not explicitly state the furnished status, which requires specific verification. Fixtures and built-in appliances are generally included with the home itself.

The community offers shared amenities such as a barbecue area, boat dock, business center, heated pool, and tennis courts. To get a precise inventory of what is included with unit 1401 and to review the HOA's governing documents, you should contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, for confirmation.

Where exactly is it, and what should I know about the location?

The property is located at 20 Island Avenue, Unit 1401, in Miami Beach, Florida 33139. This places it on the city's coastal corridor, offering direct access to the bayfront and proximity to the Venetian Causeway.

For a detailed discussion of the immediate neighborhood, building amenities, and precise transportation links, you should contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify all location specifics.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee of $1,470 covers the following items as per the association's financials: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Other Maintenance Includes, Parking, Pool Service, Reserve Fund, Security, Sewer, Trash Removal, and Water. The community is also subject to Miami Beach city ordinances.

For a full review of the association's financial health and governing documents, please contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.

What are the property taxes and homestead implications?

The tax of record is $11,315 (2025). As an estimate only—Florida reassesses at sale—at this list price and a Miami-Dade rate near 2.0%: without homestead, about $23,980 per year (≈ $1,998 monthly); with the homestead exemption, which lowers the taxable value for a primary residence, about $22,980 per year (≈ $1,915 monthly). These are estimates, not quotes; you must confirm with the Miami-Dade Property Appraiser and a tax professional.

For precise verification of these figures and all financial implications, you should contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.

Is the home in a flood zone, and what does that mean?

This property is in a high-risk flood zone, designated as an AE zone by FEMA. This means lenders will require a separate flood insurance policy as a condition of the mortgage, in addition to standard homeowners insurance.

You can View the FEMA flood map for this address for precise boundaries, and review FEMA's official definitions of flood zones. For a detailed analysis of the specific insurance requirements and costs for this unit, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.

Are pets allowed?

The recorded building rules for 20 Island Ave do not permit pets. However, federal law creates important distinctions: service animals are protected accommodations, similar to a wheelchair ramp, under the ADA and Fair Housing Act. Emotional support animals also qualify as a reasonable housing accommodation under the FHA with proper documentation, though association review and evolving guidance, such as the 2026 HUD rules noted by Florida Realtors, apply.

For precise legal interpretation, consult a Florida real-estate attorney. To verify the current building stance and discuss your specific situation, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.

How is the price set and is there room to negotiate?

The list price is grounded in a comparative market analysis. Recent Miami-Dade condo sales, per MIAMI REALTORS® data from May 2026, have been closing at approximately 94% of the asking price after roughly 64 days on market. A specific CMA for this Miami Beach building and its immediate vicinity provides the precise valuation framework.

To discuss the local analysis and formulate a strategy, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, for verification and review.

What financing step do you recommend before touring?

I recommend securing a pre-approval from a Florida-licensed mortgage loan officer before touring any property, including this $1,199,000 condominium. This provides a clear budget and strengthens your position. You can begin that process with a qualified professional here.

For specific questions regarding 20 Island Ave #1401, please contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify current status and arrange a viewing.

Monthly Fees & Carrying Costs

Association Fee $1,470 / month
Total Monthly Fees $1,470 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Island Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: BELLE ISLE SO EAST

Details

Updated on June 14, 2026 at 6:56 am
  • Property ID A12016042
  • Price $1,199,000
  • Property Size 1403 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 1962
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor, Other, Terrazzo
  • Waterfront Features Seawall
  • Bedroom Features At Least 1 Bedroom Ground Level, None
  • Cooling Electric
  • Association Type Condo
  • Building Belle Plaza
  • Association Fee Frequency Monthly
  • Area Belle Isle So East
  • Annual Tax 11315
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision BELLE ISLE SO EAST
  • Total Stories 15
  • Restrictions Ok To Lease
  • Parking Covered
  • Heating Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 0
  • Covered Spaces 1
  • Unit Floor 1401
  • Frontage Bay
  • View Bay, Other View, Skyline, Water View
  • Year Built Details Resale
  • Pets Allowed No
  • Attached Yes
  • Unit Number 1401
  • Inclusions Dock Available
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1470
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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