Two-bedroom home sells in Island Terrace

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Monica Bobba and Carlo Gardani sold a two-bedroom, two-bath home at 5 Island Ave., Unit 6C, in Miami Beach, to Hollowcrest Ltd. for $550,000 on March 25.

The 1,305-square-foot home last sold for $325,000 in November 2007. It is located in the Island Terrace condo development.

According to BlockShopper, there have been 2,023 home sales in Miami Beach during the past 12 months with a median sale price of $285,000.

Address: 5 Island Avenue, Unit: 6c
Buyer(s): Hollowcrest Ltd
Seller(s): Monica Bobba and Carlo Gardani
Sale date: Mar. 25, 2014

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