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9 ISLAND AVE, Miami Beach 33139
1981
Year Built
269
Units
CI Score
Moderate
6
For Sale
$1.8M
Avg Price
$1,055
Sale $/SF
1
For Rent
$6,000
Avg Rent
$5.04
Rent $/SF
-0.4%
YoY
For Sale
6
For Rent
1
Investor-Owned
55%
Avg HOA
$1,983/mo
Nine Island Avenue is a 269-unit luxury condominium located in Miami Beach, featuring residences ranging from 2 to 4 bedrooms and 1,154 to 5,769 square feet. Built in 1981, this established waterfront property offers a sophisticated lifestyle in one of Miami's most desirable neighborhoods. With an average price point of $1,054.56 per square foot and strong rental potential averaging $6,660 monthly, the building appeals to both owner-occupants and investors.
Address
9 ISLAND AVE, Miami Beach, 33139
Neighborhood
Miami Beach
Year Built
1981
Total Units
269
Avg Unit Sqft
1,632 SF
Tier
Luxury
Avg $/SF
$1,054.56
Avg Rent
$6,000/mo
Rent $/SF
$5.04/SF
HOA Range
$1,895 – $2,031
Google Rating
4.5 (71 reviews)
Neighborhood Rank
Top 7%
Avg Unit Value
$1.2M
Total Sales (All-Time)
1,076
Phone
(305) 672-1204
Amenities
Sale Price Trend ($/SF)
$1,055
Rental Price Trend ($/SF)
$5.27
Building Activity
Days on Market
153
days
Sitting longer
Months of Inventory
40.0
months
Buyer's market
Sale-to-List Ratio
79.8%
Buyers negotiating
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Sale (6)
$949K
$1.1M
Unit 415$1.3M
$1.6M
Unit 609
$1.7M
$1.9M
For Rent (1)
$6K
Unit 2410Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Dec 18, 2025 | $1.9M | $1,054.56 | 2/3 | 1,778 |
| Nov 7, 2025 | $2.6M | $1,109.72 | 3/3 | 2,388 |
| Nov 7, 2025 | $2.8M | $972.22 | 2/3 | 2,880 |
| Aug 28, 2025 | $1.8M | $753.77 | 3/3 | 2,388 |
| Aug 27, 2025 | $1.8M |
Total Units
269
Avg Sqft
1,632 SF
Avg Assessed
$865K
Owner-Occupied
45%
Tax & Ownership
Investor-Owned
55%
Owner-Occupied
45%
Avg Assessed Value
$865K
Avg Taxable Value
$841K
Effective Year Built
1981
Zoning
4000
Unit Mix
Avg 1,504 SF
Avg 2,370 SF
Avg 4,333 SF
Unit Directory
Showing 10 of 269 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — |
| 401 | 2 | 2 | 1,778 | $1.2M | — | $700K | $394 | Oct 2013 |
| 402 | 2 | 2 | 1,154 | $682K | — | $475K | $412 | Jul 2006 |
| 403 | 2 | 2 | 1,440 | $1.1M | — | $465K | $323 | Feb 2009 |
| 404 | 2 | 2 | 1,440 | $854K | — | $385K | $267 | May 2009 |
| 405 | 2 | 2 | 1,440 | $655K | — | $840K | $583 | Mar 2025 |
| 406 | 2 | 2 | 1,440 | $656K | ✓ | $812K | $564 | Jun 2018 |
| 407 | 2 | 2 | 1,778 | $1.1M | ✓ | $1.1M | $593 | Feb 2021 |
| 408 | 2 | 2 | 1,837 | $1.1M | ✓ | $1.2M | $653 | Dec 2022 |
| 409 | 2 | 2 | 1,477 | $243K | ✓ | $260K | $176 | May 2011 |
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Neighborhood
Miami Beach →
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Building Snapshot
| $753.77 |
| 3/3 |
| 2,388 |
| Aug 26, 2025 | $840K | $705.88 | 2/2 | 1,190 |
| Aug 20, 2025 | $1.5M | $645.94 | 3/3 | 2,388 |
| Aug 18, 2025 | $1.5M | $645.94 | 3/3 | 2,388 |
| Apr 2, 2025 | $840K | $583.33 | 2/2 | 1,440 |
| Mar 25, 2025 | $840K | $583.33 | 2/2 | 1,440 |