HomeCondos for SaleNine Island Avenue CondoUnit 710
9 Island Ave, Unit 710
+7 more
$949K

Nine Island Avenue Condo Unit 710

9 Island Ave, Unit 710 • Miami Beach, FL 33139

at Nine Island Avenue Condo

Beds
2
Baths
2
Living Area
1,190 SF
Price / SF
$797
HOA / Monthly
$1,543
Days on Market
1

About This Unit

Welcome home to Unit 710 at "9 Island": An elegantly renovated 2-bedroom in one of Miami Beach’s most desirable neighborhoods, Belle Isle. Featuring new impact windows, refinished ceilings, new appliances and more. Enjoy views of Belle Isle Park and partial Bay Views from your balcony, and a comfortable & spacious split floor plan interior. Unit 710 includes covered parking and extra storage space. Nine Island Avenue is a Full Service luxury building with beautifully updated hallways, lobby and mezzanine levels. Amenities include a State of the Art Fitness Center, Children's Play area, Tennis Courts, Boat Slips & Community Room – many of which overlook Biscayne Bay. Centrally located with easy access to Sunset Harbour’s best restaurants and boutiques, Lincoln Road & Downtown Miami.

Pricing at Nine Island Avenue Condo — $797/sqft
At $797/sqft, Nine Island Avenue Condo Unit 710 is priced at the low end of the building — only 11% of active 2BRs ask less per sqft.
Nine Island Avenue Condo Unit 710 vs Active Listings at Nine Island Avenue Condo: This condo is -32.5% lower ($384/less per sqft) than the building's active 2BR median of $1,181/sqft, based on 9 active 2BRs.
Nine Island Avenue Condo Unit 710 vs Recent Sold Listings at Nine Island Avenue Condo: This unit is +15.4% higher (+$106/more per sqft) than recent 2BR sales (median $691/sqft, based on 4 sales over 9 months).
Rank: This unit's $/sqft is higher than 11% 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 82.8% of asking. At that ratio, this unit could plausibly trade around $785,392.
Based on live MIAMIRE active & closed listings at Nine Island Avenue Condo.
Time on Market — 1 day
Nine Island Avenue Condo Unit 710 is fresh to market — limited negotiating leverage at this stage.
This unit's 1 days on the market is 36 days shorter than the active 2BR median of 37 days (-97.3%).
Inventory position: 22th percentile for 2BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$5,153
HOA
$1,543
Property Tax
$389
Total / mo
$7,086
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.49%. HOA $1.3/sqft · All-in $5.95/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
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.
Verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Nov 2022 for $650,000 — held 3 years. They’re now asking $949,000+46.0% (+$299,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $5,815/yr in property tax thanks to a $347,868 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases). On purchase, your assessment resets to full market value — expect roughly $12,772/yr, about 2.2× the current owner’s bill. Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
Date Price Type
Nov 2022 $650,000 arm’s-length
Dec 2004 $340,000 arm’s-length
May 1984 $125,000 Other disqualified
Jan 1982 $131,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.275% of the building’s common elements. County living area: 1,190 sqft.
Unit: 710
Year Built: 1981
Stories: 25
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,543 / Monthly
View: Garden View, Intracoastal View, Skyline
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 1
Listed: February 2, 2026
MLS #: A11957519

Location

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Listing courtesy of: Engel & Voelkers West Palm Beach
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11957519 • Updated Feb 3, 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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