HomeCondos for SaleNine Island Avenue CondoUnit 609
9 Island Ave, Unit 609
+41 more
$1.6M

Nine Island Avenue Condo Unit 609

9 Island Ave, Unit 609 • Miami Beach, FL 33139

at Nine Island Avenue Condo

Beds
2
Baths
2
Living Area
1,477 SF
Price / SF
$1,117
HOA / Monthly
$1,935
Days on Market
118
Insider Price

About This Unit

Live the Venetian Islands lifestyle in this stunning, fully renovated 2-bed/2-bath condo at 9 Island Ave — where Biscayne Bay meets effortless Miami living. Step into a bright, open home designed with custom finishes, warm textures, and a modern flow that connects the gourmet kitchen, dining area, and spacious living room to your private balcony. Every detail has been elevated: porcelain countertops, premium appliances, floating vanities, sleek glass showers, and designer fixtures throughout. This home is offered completely furnished, making it the perfect move-in-ready retreat. Outside your door, Belle Isle offers walkable parks, boutique shops, Sunset Harbour cafés, and the iconic Standard Spa just across the street. The building delivers a full-service experience with concierge, valet, and upgraded amenities — including a yoga studio, state-of-the-art gym, kids’ room, and a spectacular new pool and sports deck coming in 2026 with tennis, pickleball, and marina slips for boats up to 48 feet. Assessments fully covered by the sellers. Just bring your suitcase!

Pricing at Nine Island Avenue Condo — $1,117/sqft
At $1,117/sqft, Nine Island Avenue Condo Unit 609 is priced below the building's typical 2BR — worth a closer look.
Nine Island Avenue Condo Unit 609 vs Active Listings at Nine Island Avenue Condo: This condo is -5.4% lower ($64/less per sqft) than the building's active 2BR median of $1,181/sqft, based on 9 active 2BRs.
Nine Island Avenue Condo Unit 609 vs Recent Sold Listings at Nine Island Avenue Condo: This unit is +58.2% higher (+$411/more per sqft) than recent 2BR sales (median $706/sqft, based on 5 sales over 9 months).
Rank: This unit's $/sqft is higher than 22% of currently-active 2BR units at Nine Island Avenue Condo (sample of 9).
Insider Negotiation Strategy: 2BR units at Nine Island Avenue Condo typically close at 85.3% of asking. At that ratio, this unit could plausibly trade around $1,407,120.
Based on live MIAMIRE active & closed listings at Nine Island Avenue Condo.
Time on Market — 118 days
Nine Island Avenue Condo Unit 609 is around the building's typical pace.
This unit's 118 days on the market is 81 days longer than the active 2BR median of 37 days (+218.9%).
Inventory position: 56th percentile for 2BRs currently active at this building.
Price History
Originally listed at $1,750,000. Reduced to $1,650,000 on Mar 20, 2026 (after 82 days on market) — -5.7% (−$100,000).
Estimated Monthly Cost
Mortgage (P&I)
$8,960
HOA
$1,935
Property Tax
$1,062
Total / mo
$11,957
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.77%. HOA $1.31/sqft · All-in $8.1/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at Nine Island Avenue Condo

UnitListSqft$/sqftDOM
#— 1,190 $797 1
#— 1,440 $1177 327
#— 1,190 $756 0
#— 1,440 $1736 37
#— 1,440 $1317 265

Recent Closed 2BR Sales

ClosedUnitSold$/sqftvs List
2025-08-26 #— $840,000 $706
2025-12-18 #— $1,875,000 $1055
2026-04-07 #— $975,000 $677
2026-04-23 #— $910,000 $616
2026-04-30 #— $1,300,000 $903
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1981 (45 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jan 2024 for $850,000 — held 2 years. They’re now asking $1,650,000+94.1% (+$800,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Jan 2024 $850,000 arm’s-length
Aug 2011 $255,000 arm’s-length
Sep 2005 $450,000 arm’s-length
Apr 2002 $282,500 arm’s-length
Jun 1990 $120,000 Other disqualified
Jan 1982 $172,500 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.338% of the building’s common elements. County living area: 1,477 sqft.
Unit: 609
Year Built: 1981
Stories: 25
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,935 / Monthly
View: Bay, Tennis Court View
Waterfront: Yes
Private Pool: No
Heating: Electric
Cooling: Ceiling Fan(s)
Days on Market: 118
Listed: December 29, 2025
MLS #: A11928152

Location

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Listing courtesy of: Luxe Properties
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11928152 • Updated May 1, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Nine Island Avenue Condo. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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