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$464,000
New Listing

5 Island Ave LF
Miami Beach, FL 33139

For Sale|Condominium|Active
1
Bed
2
Total Baths
1
Full Bath
1
Partial Bath
950
SqFt
$488
/SqFt
1967
Built
Subdivision:
ISLAND TERRACE CONDO
County:
Miami-Dade
Call Now: 786-353-7187
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786-353-7187
5 Island Ave LF5 Island Ave LF5 Island Ave LF5 Island Ave LF
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Monthly Payment (Est.)

$2,117
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Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, the apartment features generous living spaces, large volumes, and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service, and onsite management. Pet-friendly. A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops and restaurants, and Lincoln Road! Includes 1 assigned parking space and hurricane-impact windows. An ideal second home or primary residence combining location, comfort, and lifestyle.

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Listing Snapshot
Price 
$464,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
950 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
1967
MLS® Number 
A11994765
Status 
Active
Property Tax 
$6,309
HOA/Condo/Coop Fees 
$1,425 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing first seen on site
22 hours agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
16
Parking 
Assigned
Pets 
Yes
Property Condition 
Updated/Remodeled
Property Sub Type 
Condominium
Security 
Closed Circuit Camera(s)
SqFt Total 
950
Interior Features
Appliances 
DishwasherElectric RangeRefrigeratorSelf Cleaning Oven
Cooling 
Central Air
Flooring 
TileVinyl
Heating 
Central
Interior 
BarWalk-In Closet(s)Master Downstairs
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Lot Features 
Waterfront
Pool Features 
Association
View 
Other
Waterfront 
Yes
Waterview 
Other
Community Features
Association Amenities 
ClubhouseFitness CenterLaundryPoolElevator(s)Management
Association Dues 
1425
Building Access 
1
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
32
Schools
School District
Unknown
Elementary School
North Beach
Middle School
Nautilus
High School
Miami Beach
Listing courtesy of One Sotheby's International Realty

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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