# Costa Brava

As of 2026-10-22, Costa Brava in South Beach has 3 units for sale at a median asking price of $849K ($681/sqft); 8 units sold in the last 12 months.

Costa Brava is a full-service condominium building located in the Belle Isle neighborhood of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 11 Island Ave |
| Neighborhood | South Beach |
| Year built | 1972 |
| Floors | 25 |
| Units | 214 |
| Waterfront | yes |
| Developer | Belle Isle Development Corp. |
| For sale | 3 |
| Pending | 0 |
| Median asking price | $849,000 |
| Median asking $/sqft | $681/sqft |
| Sold, last 12 months | 8 |
| Median sold $/sqft, 12 months | $690/sqft |
| Months of inventory | 4.5 |
| Median HOA | $1,754/mo |
| Parking | The building offers assigned parking and valet services. |

## Own Miami measures

- **own.miami Building Score: 57 (B)**
  - Value: 45 — $681/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 24 — -8.0% $/sqft over 6 months
  - Liquidity: 84 — 4.5 months of supply · 7 days on market
  - Health: 66 — 3 verified records: Special assessment — noted on 1 listings · DBPR complaints
  - Waterfront: 90 — Waterfront building
  - Age: 21 — Built 1972 — vs. South Beach buildings
- **Own Miami Condo Index: 105** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 312 of 698 tracked Miami condos)
- **Financeability Index: 73** (good; 12-month window, 4 recorded mortgages, 44% of sales bank-financed, lowest down payment 10%, 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 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. (2026-10-31)
- elevated: Special assessment — noted on 1 listings (2026-10-13)
- watch: DBPR complaints — 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. (2025-01-01)
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-19)

## Frequently asked questions

**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..

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Costa Brava](https://own.miami/buildings/costa-brava/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [Mirador 1200](https://own.miami/buildings/mirador-1200)
- [Mirasol Ocean Towers](https://own.miami/buildings/mirasol-ocean-towers)
- [South Bay Club](https://own.miami/buildings/south-bay-club)

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Source: Own.Miami — https://own.miami · data as of 2026-10-22
Canonical page: https://own.miami/buildings/costa-brava
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