11 Island Ave # 512, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active467 days on marketListed May 7, 2025MLS #A11786681
About this home
11 Island Ave # 512, Miami Beach FL 33139
HUGE VENETIAN ISLANDS 1,733 SF 2BR/2.5BA CORNER RESIDENCE with 185 SF terrace, highly desirable line, luxury waterfront living in a premier high-end bldg. on Biscayne Bay. This exceptional residence represents one of the best values in the coveted 33139 zip code. Located in prestigious Costa Brava, the building has recently achieved unprecedented sales, demonstrating extraordinary demand for large waterfront residences. Walls of floor-to-ceiling impact glass showcase water, yacht-docked alcoves, and treetop canopy views from every room. New HVAC in unit and bldg. All special assessments paid by the seller. On-site marina direct to open ocean, through Gov't Cut, and Intracoastal access, no fixed bridges. 24-hour concierge, valet, fitness center, fiber optic internet infrastructure, EV charging stations. Steps from Sunset Harbor, Lincoln Road, The Standard Hotel, cultural venues, dining, entertainment and beaches.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,733
Sqft
1
Garage
1972
Year built
$980
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$12,986 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$12,986/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+4.8%
$/sqft vs Miami Beach actives
$980 vs $728
Days on market
467 vs 91 typical
Where $980/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Venetian Islands
Get to know Miami Beach. See the full Miami Beach guide →
Venetian Islands — neighborhood snapshot
Population
2,295
Median age
50
Median income
$182,173
Median home value
$1,297,833
Avg household
2
Households w/ children
161
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2327% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 11 Island Ave # 512
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$1,450,000
11 Island Ave # 1911, Miami Beach FL 33139 · same community
2 bd · 2.5 ba · 1,733 sqft · $837/sqft · 223 DOM
Sold · Feb ’26$1,200,000
11 Island Ave # 1611, Miami Beach FL 33139 · same community
2 bd · 2.5 ba · 1,733 sqft · $692/sqft · 120 DOM
Sold · Jun ’26$2,705,000
11 Island Ave, Miami Beach FL 33139 · same community
2 bd · 2.5 ba · 2,038 sqft · $1,327/sqft · 42 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 11 Island Ave # 512 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11 Island Ave # 512 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
11 Island Ave # 512 FAQs
What would the monthly payment be for 11 Island Ave # 512, Miami Beach FL 33139?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,986/mo — principal and interest, the actual property-tax bill, the $2,388/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 11 Island Ave # 512, Miami Beach FL 33139?+
The association fee works out to $2,388 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11 Island Ave # 512, Miami Beach FL 33139?+
The most recent tax bill on record (2024) was $7,602. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 11 Island Ave # 512, Miami Beach FL 33139?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $1,699,000, this home is listed about 162% above the Miami Beach median of $649,450. The market section on this page shows how the area is trending.
Which schools are assigned to 11 Island Ave # 512, Miami Beach FL 33139?+
Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), North Beach Elementary School (elementary), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$1,699,000 runs 2327% above the MIAMI BEACH 33139 median — but at 1,733 sqft it's also nearly twice the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $2,388/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
467 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Miami Beach Senior High School, Miami Beach Nautilus Middle School, North Beach Elementary School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Florida Realty of Miami Corp · Elycia Solkoff. MLS #A11786681.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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