5/3 Redondo Avenue, Miami, QLD 4220 sold on 29 July 2025 | OnTheHouse
 
SOLD
Sold on 29 Jul 2025 for $699,500

5/3 Redondo Avenue
Miami QLD 4220

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 55m2
Land area: 2174m2
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Property Details for 5/3 Redondo Ave, Miami

5/3 Redondo Ave, Miami is a 1 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a land size of 2174m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Apartment sold in Miami in the last 12 months.

Building Type
Apartment
Floor Size
55m2
Land Size
2174m2

Last Listing description (July 2025)

Enjoy the ultimate coastal lifestyle in this ground floor apartment just short stroll to the beach, cafes and soon-to-be-completed tram station. With a stunning resort-style pool just steps from your private patio, every day feels like a holiday.

Positioned on a sprawling 2,174sqm block with just 24 residences, this apartment holds strong potential for future capital growth. The emergence of high-end developments in the surrounding area further highlights the value and promise of this exceptional site.

The complex allows Airbnb, enhancing the current income earning potential of this apartment.

FEATURES:
New light rail station being built just 100m away
Low Body Corporate Fee
Airbnb allowed in complex
Block Size of complex Approx. 2,175m2 (only 24 units in block)
Ground-floor Approx. 55m2
Your own patio handy to the alfresco entertaining area
Air-conditioning in living area
In-ground pool in complex
Covered parking
Open-plan living and kitchen
Good-sized bedroom with BIRs

INCOME ESTIMATE:
Currently rented at $585 / week to tenants until 31st October
Airbnb allowed in complex

OUTGOINGS:
Body Corporate Fees - $75 per week approx. including discount
Rate - $2602 per year approx.
Water & Sewerage - $350 per quarter approx.

DISTANCES:
Beach - 250m
Tram station - 100 m
Local Cafe - 200 m
ALDI - 650 m
Pizzey Park Sports Facilities - 2.9 km
Major Shopping Centre (Pacific Fair) - 4.7 km
Major Shopping Centre (Stockland Burleigh Heads) - 4.5 km
Burleigh Heads Beach front - 3 km
Primary School (Robina SS) - 250 m
High School (Robina SHS) - 3.9 km
Highway - 6.4 km

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Property History for 5/3 Redondo Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$699,500
29 Jul 2025
Listed for Rent
$525/w
18 Sep 2023
  • 20 Jul 2025
    Sold for $699,500
  • 17 Jul 2025
    Listed for Sale Offers Over $670,000
  • 01 May 2024
    Sold for $565,000
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About Miami 4220

The size of Miami is approximately 3.0 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2016 was 6843 people. By 2021 the population was 7445 showing a population growth of 8.8% in the area during that time. The predominant age group in Miami is 30-39 years. Households in Miami are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Miami work in a professional occupation.In 2021, 57.70% of the homes in Miami were owner-occupied compared with 55.50% in 2016.

Miami has 4,918 properties. Over the last 5 years, Houses in Miami have seen a 96.42% increase in median value, while Units have seen a 105.89% increase. As at 30 November 2025:

  • The median value for Houses in Miami is $1,794,406 while the median value for Units is $1,105,557.
  • Houses have a median rent of $900 while Units have a median rent of $858.
There are currently 39 properties listed for sale, and 21 properties listed for rent in Miami on OnTheHouse. According to Cotality's data, 216 properties were sold in the past 12 months in Miami.

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