5 Island Ave, Miami Beach FL 33139 | Miami-Dade County | A11994765
  • $464,000

Description

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.

  • Address: Island Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: ISLAND TERRACE CONDO

Details

Updated on April 18, 2026 at 3:05 am
  • Property ID A11994765
  • Price $464,000
  • Property Size 950 Square Feet
  • Bedroom 1
  • Bathrooms 1.5
  • Garage 1
  • Year Built 1967
  • Type Condominium
  • Property Status Residential

Additional details

  • AssociationAmenities Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Pool
  • AssociationFee 1425
  • AssociationFeeFrequency Monthly
  • BathroomsFull 1
  • BathroomsHalf 1
  • BuildingAreaTotal 950
  • BuildingAreaUnits Square Feet
  • BuildingName ISLAND TERRACE CONDO
  • ConstructionMaterials CBS Construction
  • ContractStatusChangeDate 2026-04-17
  • Cooling Central Air
  • CoveredSpaces 1
  • DaysOnMarket 0
  • Directions Island Terrace at 5 Island Avenue - across from the Standard Hotel & Spa.
  • ElementarySchool North Beach
  • EntryLevel 1
  • ExpirationDate 2026-10-17
  • Flooring Tile, Vinyl
  • FrontageType Bay
  • Heating Central
  • HighSchool Miami Beach
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • LaundryFeatures Common Area
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-561-8636
  • ListingTerms All Cash, Conventional
  • LotSizeSquareFeet 0
  • MLSAreaMajor Island Terrace Condo
  • MajorChangeTimestamp April 17, 2026 at 08:49pm
  • MajorChangeType New
  • MiddleOrJuniorSchool Nautilus
  • MlsStatus Active
  • ModificationTimestamp April 18, 2026 at 12:00am
  • OnMarketDate 2026-04-17
  • OriginalEntryTimestamp April 17, 2026 at 08:49pm
  • OriginalListPrice 464000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 02-32-33-044-0030
  • ParkingFeatures 1 Space, Assigned
  • PatioAndPorchFeatures Open Balcony
  • PetsAllowed Restrictions Or Possible Restrictions
  • PhotosChangeTimestamp April 17, 2026 at 08:51pm
  • PhotosCount 45
  • PostalCodePlus4 1364
  • PriceChangeTimestamp April 3, 2026 at 09:08pm
  • PropertyCondition Updated/Remodeled
  • PublicSurveyRange 32
  • PublicSurveySection 33
  • PublicSurveyTownship 32
  • RoomsTotal 0
  • SecurityFeatures Doorman, Lobby Secured, TV Camera
  • ShowingContactType Agent
  • ShowingInstructions 24 Hour Notice, Call Listing Agent, Showing Assist
  • SourceSystemKey 449314836
  • StateOrProvince FL
  • StatusChangeTimestamp April 17, 2026 at 08:49pm
  • StoriesTotal 16
  • StreetName Island Ave
  • StreetNumber 5
  • StreetNumberNumeric 5
  • StructureType Condo 5+ Stories, Condo
  • SyndicationRemarks 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.
  • TaxAnnualAmount 6309
  • TaxLegalDescription ISLAND TERRACE CONDO UNIT L-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 16065-0315 0993 1
  • TaxYear 2025
  • UnitNumber LF
  • View Other View
  • WindowFeatures High Impact Windows, Sliding
  • YearBuiltDetails Resale

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Christopher Lazaro

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