# Belle Plaza

As of 2026-09-28, Belle Plaza in South Beach has 0 units for sale at a median asking price of — (—); 6 units sold in the last 12 months.

Belle Plaza is an iconic waterfront high-rise located on Belle Isle in Miami Beach.

## Key facts

| | |
|---|---|
| Address | 20 Island Ave |
| Neighborhood | South Beach |
| Year built | 1962 |
| Floors | 18 |
| Units | 222 |
| Waterfront | yes |
| Developer | Industrial Avenue Realtiesltd |
| For sale | 0 |
| Pending | 0 |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $642/sqft |
| Months of inventory | 0.0 |
| Parking | The building offers assigned parking and valet services. |

## Own Miami measures

- **own.miami Building Score: 70 (A−)**
  - Value: 37 — $642/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 65 — +4.9% $/sqft over 6 months
  - Liquidity: 94 — 0.0 months of supply
  - Health: 97 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 9 — Built 1962 — vs. South Beach buildings
- **Own Miami Condo Index: 102** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 330 of 698 tracked Miami condos)
- **Financeability Index: 62** (good; 12-month window, 5 recorded mortgages, 33% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2027)

## Building health (verified public records)

- Public records checked 2026-10-27
- positive: Bank financing — Regulated lenders recorded 5 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 62/100. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-18)

## Frequently asked questions

**Is Belle Plaza a waterfront building?**

Yes — Belle Plaza is a waterfront building (South Beach).

**When was Belle Plaza built?**

Belle Plaza was built in 1962, 18 stories, 222 residences.

**Who developed Belle Plaza?**

Belle Plaza was developed by Industrial Avenue Realtiesltd.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Belle Plaza](https://own.miami/buildings/belle-plaza/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [Mirador 1000](https://own.miami/buildings/mirador-1000)
- [Mirador 1200](https://own.miami/buildings/mirador-1200)
- [South Bay Club](https://own.miami/buildings/south-bay-club)

---

Source: Own.Miami — https://own.miami · data as of 2026-09-28
Canonical page: https://own.miami/buildings/belle-plaza
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai