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Buildings/Miami Beach/COSTA BRAVA CONDO

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COSTA BRAVA CONDO

11 Island Ave, Miami Beach 33139

★ 4.4

1972

Year Built

215

Units

CI Score

Strong

For Sale

$1.5M

Avg Price

$561

Sale $/SF

For Rent

$7,375

Avg Rent

$4.72

Rent $/SF

+9.5%

YoY

For Sale

For Rent

Investor-Owned

44%

Avg HOA

$3,599/mo

Building Details

Address

11 Island Ave, Miami Beach, 33139

Neighborhood

Miami Beach

Year Built

1972

Total Units

215

Avg Unit Sqft

1,454 SF

Tier

Premium

Avg $/SF

$561.22

Avg Rent

$7,375/mo

Rent $/SF

$4.72/SF

HOA Range

$3,599 – $3,599

Google Rating

4.4 (59 reviews)

Neighborhood Rank

Top 4%

Avg Unit Value

$847K

Total Sales (All-Time)

991

Phone

(305) 532-6397

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)15.8%

YoY Appreciation+9.5%

Total Yield97.9%

YoY Sale $/SF Change-29.9%

Liquidity & Demand

Closed Sales (120d)1

Days on Market37 days

Months of Inventory20.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned44%

For Sale6

For Rent4

Top 4%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$561

-42.8%

Rental Price Trend ($/SF)

$4.37

+26.3%

Building Activity

Days on Market

days

Normal pace

Months of Inventory

20.0

months

Buyer's market

Sale-to-List Ratio

99.4%

Strong demand

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$699K

1 bd2 ba1,027 sf

$1.0M

2 bd2 ba1,238 sf

$1.4M

Unit 611

2 bd3 ba1,733 sf

$1.6M

2 bd3 ba1,733 sf

$1.8M

Unit PH6

2 bd2 ba1,490 sf

$4.0M

4 bd4 ba2,760 sf

$1446/SF149 DOM

For Rent (4)

$6K

Unit 1904

2 bd2 ba1,372 sf

$4/SF1 DOM

$6K

Unit 605

2 bd2 ba1,324 sf

$4/SF2 DOM

$9K

Unit 411

2 bd3 ba1,733 sf

$5/SF1 DOM

$9K

2 bd3 ba1,733 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Oct 29, 2025	$2.0M	$1,139.64	2/2	1,733
Aug 29, 2025	$700K	$528.7	2/2	1,324
Aug 28, 2025	$628K	$474.32	2/2	1,324
Aug 18, 2025	$1.4M	$836.7	2/2	1,733
Jun 30, 2025	$1.8M

Units & Ownership

Total Units

215

Avg Sqft

1,454 SF

Avg Assessed

$655K

Owner-Occupied

56%

Tax & Ownership

Investor-Owned

44%

Owner-Occupied

56%

Avg Assessed Value

$655K

Avg Taxable Value

$626K

Effective Year Built

1972

Zoning

4000

Unit Mix

1 BR32

Avg 1,028 SF

2 BR175

Avg 1,488 SF

3 BR6

Avg 2,404 SF

4 BR1

Avg 3,466 SF

Unknown1

Unit Directory

Showing 10 of 215 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
307	2	2	1,324	$454K	✓	$592K	$447	Mar 2016
309	1	1	1,027	$336K	✓	$364K	$354	Jun 2019
310	2	2	1,316	$400K	✓	$399K	$303	Aug 2017
311	2	2	1,733	$764K	✓	$830K	$479	Oct 2021
312	2	2	1,733	$764K	✓	$900K	$519	Mar 2021
401	2	2	1,733	$712K	✓	$75K	$44	Mar 1973
402	2	2	1,733	$928K	—	$1.6M	$952	Jun 2025
403	3	3	2,447	$375K	✓	$285K	$116	Feb 1998
404	2	2	1,372	$573K	✓	$660K	$481	Mar 2022