20 Island Ave # 315, Miami Beach FL 33139, Miami Beach
$398,500
Miami Beach, FL, 33139












Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 592 sqft
- Year built
- 1962
- Type
- Condominium
- Association fee
- $629 / monthly
- Days on market
- 3
- MLS #
- A12054437
Listing courtesy of Redfin Corporation · 617-458-2883. Listing agent: Jennifer Bijl. MLS data last updated 2026-07-27.
Description
Enjoy unobstructed bay views, swaying palm trees, and spectacular sunrises and sunsets from this spacious studio at Belle Plaza. Bright and inviting, the home features tile flooring in a light wood finish, an updated bathroom, an immaculately maintained kitchen, impact windows for peace of mind, and a large walk-in closet. Enjoy the convenience of third-floor living with the option of the elevator or stairs. Just one block from The Standard Hotel and minutes from Sunset Harbour, Lincoln Road, grocery stores, and the beach. You'll enjoy one of Miami Beach's most desirable locations on the Venetian Causeway. Community amenities include assigned parking, a bayfront pool and hot tub, fitness center, laundry facilities on each floor, bike storage, paddleboard and kayak storage, a storage cubby, and a renovated, quite, and comfortable card room. Immediate rentals permitted. Whether you're looking for a full-time residence, a pied-à-terre, or an investment opportunity, this studio offers the perfect combination of location, lifestyle, and value.
20 Island Ave # 315, Miami Beach FL 33139, Miami Beach — for sale, listed for $398,500 (0 bed, 1 bath, 592 sqft).
$673/sqft · 62% percentile · based on 131 studio listings for sale in 33139 (median $625/sqft).
Current market segment
Right now: 134 active studio listings for sale in 33139, median asking price $295,000, median $625/sqft.
n=134 · 2026-08-14 · Methodology
Asking price vs the market
Compared with the other 131 studio listings for sale in 33139, this home asks $673/sqft — the group median is $625/sqft.
That places it above the market midpoint (62% percentile).
n=131 · 2026-08-14 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33139 show a median asking $625/sqft — 2.8% below the Miami Beach median asking of $643/sqft.
n=131 · 2026-08-14 · Methodology
Run the numbers
Availability in Belle Plaza
3 listings are currently active in this building across 3 distinct units (1 × 1-bed, 1 × 2-bed, 1 × studio).
n=3 · 2026-08-14 · Methodology
Are sellers cutting prices here?
37% of the 134 active studio listings for sale in 33139 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=134 · 2026-08-14 · Methodology
Observed price & status history
Asking price reduced from $400,000 to $398,500.
About Belle Plaza
Belle Plaza: built 1962; current sale asking prices $398,500–$1,199,000; current rents $4,950–$4,950; association fees $629–$1,470/month.
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-14 · Methodology
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