# Nine Island Avenue

As of 2026-10-31, Nine Island Avenue in South Beach has 6 units for sale at a median asking price of $2.2M ($1,189/sqft); 15 units sold in the last 12 months.

Nine Island Avenue is a full-service luxury condominium located on the iconic Belle Isle in Miami Beach.

## Key facts

| | |
|---|---|
| Address | 9 Island Ave |
| Neighborhood | South Beach |
| Year built | 1981 |
| Floors | 26 |
| Units | 268 |
| Waterfront | yes |
| Developer | Nine Island AVE Assoc, LTD |
| For sale | 6 |
| Pending | 2 |
| Median asking price | $2,197,944 |
| Median asking $/sqft | $1,189/sqft |
| Sold, last 12 months | 15 |
| Median sold $/sqft, 12 months | $903/sqft |
| Months of inventory | 4.8 |
| Median HOA | $2,227/mo |
| Parking | The building offers covered parking, with some units including one or two assigned spaces, and provides valet services for guests. |

## Own Miami measures

- **own.miami Building Score: 61 (B)**
  - Value: 16 — $1,189/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 94 — +32.0% $/sqft over 6 months
  - Liquidity: 83 — 4.8 months of supply · 10 days on market
  - Health: 63 — 4 verified records: Special assessment — noted on 1 listings · DBPR complaints · Rental restrictions
  - Waterfront: 90 — Waterfront building
  - Age: 28 — Built 1981 — vs. South Beach buildings
- **Own Miami Condo Index: 142** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 157 of 695 tracked Miami condos)
- **Financeability Index: 61** (good; 12-month window, 13 recorded mortgages, 33% of sales bank-financed, lowest down payment 20%, as of 2026-11-01)
- Special-assessment outlook: elevated (next structural milestone inspection due 2026)

## Building health (verified public records)

- Public records checked 2026-10-29
- positive: Bank financing — Regulated lenders recorded 12 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 61/100. (2026-11-01)
- info: Special assessment reported as paid — noted on 3 listings (2026-09-16)
- elevated: Special assessment — noted on 1 listings (2026-08-18)
- elevated: DBPR complaints — Florida DBPR Division of Condominiums public complaint record for association licence MA00001971: 16 complaints in the last 36 months (5 open, 0 with discipline, 1 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted. (2026-07-02)
- Legal & regulatory: 0 material cases active, 0 disputes active, 12 DBPR complaints (36 months) (2026-09-20)

## Frequently asked questions

**How much do condos at Nine Island Avenue cost?**

There are 6 condos for sale at Nine Island Avenue, from $1,049,000, with a median asking price of $2,197,944 ($1,189/sqft).

**How much are the HOA fees at Nine Island Avenue?**

HOA / maintenance fees at Nine Island Avenue run around $2,227 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 Nine Island Avenue a waterfront building?**

Yes — Nine Island Avenue is a waterfront building (South Beach).

**When was Nine Island Avenue built?**

Nine Island Avenue was built in 1981, 26 stories, 268 residences.

**Who developed Nine Island Avenue?**

Nine Island Avenue was developed by Nine Island AVE Assoc, LTD.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Nine Island Avenue](https://own.miami/buildings/nine-island-avenue/for-sale)
- [South Pointe Towers](https://own.miami/buildings/south-pointe-towers)
- [One Thousand Venetian Way](https://own.miami/buildings/one-thousand-venetian-way)
- [Bayview](https://own.miami/buildings/bayview)
- [Ocean Lakeview](https://own.miami/buildings/ocean-lakeview)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/nine-island-avenue
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