5/3 Redondo AvenueMiami QLD 4220
Property Details for 5/3 Redondo Ave, Miami
5/3 Redondo Ave, Miami is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 2174m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (October 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 awayLow Body Corporate FeeAirbnb allowed in complexBlock Size of complex Approx. 2,175m2 (only 24 units in block)Ground-floor Approx. 55m2Your own patio handy to the alfresco entertaining areaAir-conditioning in living areaIn-ground pool in complexCovered parkingOpen-plan living and kitchenGood-sized bedroom with BIRsINCOME ESTIMATE:Currently rented at $585 / week to tenants until 31st OctoberAirbnb allowed in complexOUTGOINGS:Body Corporate Fees - $75 per week approx. including discountRate - $2602 per year approx.Water & Sewerage - $350 per quarter approx.DISTANCES:Beach - 250mTram station - 100 mLocal Cafe - 200 mALDI - 650 mPizzey Park Sports Facilities - 2.9 kmMajor Shopping Centre (Pacific Fair) - 4.7 kmMajor Shopping Centre (Stockland Burleigh Heads) - 4.5 kmBurleigh Heads Beach front - 3 kmPrimary School (Robina SS) - 250 mHigh School (Robina SHS) - 3.9 kmHighway - 6.4 km
Property History for 5/3 Redondo Ave, Miami, QLD 4220
- 20 Jul 2025Sold for $699,500
- 17 Jul 2025Listed for Sale Offers Over $670,000
- 01 May 2024Sold for $565,000
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About Miami 4220
The size of Miami is approximately 3.0 square kilometres. There are 13 parks, covering nearly 33.4% of the 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 4,957 properties. Over the last 5 years, Houses in Miami have seen a 62.98% increase in median value, while Units have seen a 65.53% increase. As at 31 July 2026:
- The median value for Houses in Miami is $2,018,078 while the median value for Units is $1,137,815.
- Houses have a median rent of $1,100 while Units have a median rent of $868.
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