Own South Beach

Costa Brava

11 Island Ave · Built 1972 · 25 floors · 214 residences

3 for sale
For sale
3
0 pending · 4.5 mo supply
Median asking
$849K
from $699K
Median $/sqft
$681/sqft
$690/sqft sold, 12 mo
Days on market
7
103 to sell · 8 in 12 mo
Costa Brava
Listing photo · courtesy of Fortune Christie's International Real Estate · MLS #A12069493

Costa Brava is a full-service condominium building situated in the Belle Isle neighborhood of Miami Beach. The building offers a resort-style atmosphere with views of Biscayne Bay, the Miami skyline, and the Atlantic Ocean. Recent building upgrades include a new lobby, modernized elevators, and a renovated fitness center.

The property features a variety of shared amenities, including a bayfront pool, a rooftop terrace with 360-degree views, a gym, and a marina. Additional building features include a vehicle wash area, bike storage, and on-site EV charging stations. The building is located within walking distance of Sunset Harbour, local restaurants, and retail shops.

Live near more of Miami

What surrounds Costa Brava: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
57
/ 100
B
own.miami Score

A data-grounded score for Costa Brava from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value45
$681/sqft — vs. South Beach condos, then all of Miami
Momentum24
-8.0% $/sqft over 6 months
Liquidity84
4.5 months of supply · 7 days on market
Health66
3 verified records: Special assessment — noted on 1 listings · DBPR complaints
Waterfront90
Waterfront building
Age21
Built 1972 — vs. South Beach buildings
own.miami Condo Index
105At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#312 of 698 tracked Miami condos
Top 45% by price per sq ft
#61 of 121 in South Beach
Momentum
↓ Cooling
$681/sqft median ask
Liquidity
Hot
See the full Condo Index →

The stacks

9 lines · modeled from 40 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Costa Brava’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -07 line.

LineLayoutSizeView$/sqftSales
-012 bd · 2.5 ba1,733 sqftBayWaterfront$1,101/sqft4
-022 bd · 2.5 ba1,733 sqftBayWaterfront$981/sqft3
-031 bd · 1.5 ba1,027 sqftBayWaterfront$665/sqft4
-062 bd · 2 ba1,238 sqftBayWaterfront$735/sqft3
-07Best value2 bd · 2 ba1,324 sqftBayWaterfront$534/sqft6
-082 bd · 2 ba1,238 sqftBayWaterfront$909/sqft5
-112 bd · 2.5 ba1,733 sqftBayWaterfront$692/sqft5
-122 bd · 2.5 ba1,733 sqftBayWaterfront$952/sqft3
Penthouses2 bd · 2 ba1,236 sqftBayWaterfront$911/sqft3

Modeled from Costa Brava’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Costa Brava’s own sales history.

Estimated value
$727,000
$682,000–$772,000 · $549/sqft
High confidence · 6 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Costa Brava?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Costa Brava; bars are closings per month.

$454$978$1502Jul 2024Dec 2024Jun 2025Nov 2025Jun 2026Oct 2026

Location

Nearby buildings within half a mile.

Building facts

Address
11 Island Ave
Year built
1972
Floors
25
Residences
214
Developer
Belle Isle Development Corp.
Waterfront
Yes

Amenities

  • · Pool
  • · Fitness center
  • · Rooftop terrace
  • · 24-hour security
  • · Valet
  • · Marina
  • · Pet area
  • · Vehicle wash area
  • · EV charging stations
  • · Meeting and party rooms
  • · Bike storage

Building rules

Parking
The building offers assigned parking and valet services.

Special assessments & recertification outlook

Elevated

Public records checked Oct 27, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 4 purchase or refinance loans on this building in the last 12 months, financing 44% of its recorded sales, and accepted a down payment as low as 10%. 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 73/100.

    Source: Miami-Dade Clerk official records

  • ElevatedSpecial assessment — noted on 1 listingsOct 13, 2026

    Source: MLS listing remarks

  • WatchDBPR complaintsJan 1, 2025

    Florida DBPR Division of Condominiums public complaint record for association licence MA00012439: 1 complaint in the last 36 months (1 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted.

    Source: health.src.dbpr

  • Verified: a special assessment is in force
  • Verified: open or disciplined DBPR complaints against the association
  • Built 1972 — a recurring structural milestone inspection is due around 2027

Estimated from Costa Brava’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Costa Brava: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

73Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
4
4 from banks and credit unions · purchases and refinances
Sales bank-financed
44%
9 recorded sales, 12 months · Resales only
Average down payment
28.7%
Lowest down payment accepted
10%
Loan programmes, 24 months:Conventional 4

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 9.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
2.9 ft
Lowest nearby street
-
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

No street within 120 m of this building could be measured.

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Costa Brava cost?+

There are 3 condos for sale at Costa Brava, from $699,000, with a median asking price of $849,000 ($681/sqft).

How much are the HOA fees at Costa Brava?+

HOA / maintenance fees at Costa Brava run around $1,754 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Costa Brava a waterfront building?+

Yes — Costa Brava is a waterfront building (South Beach).

When was Costa Brava built?+

Costa Brava was built in 1972, 25 stories, 214 residences.

Who developed Costa Brava?+

Costa Brava was developed by Belle Isle Development Corp..

Stay ahead
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