5 Island Ave # 8B, Miami Beach FL 33139 | Miami-Dade County | A11943735
- $509,000
- Condominium
- 1
- 1.5
- 1
- 950 Sq Ft
5 Island Ave # 8B, Miami Beach FL 33139 | Miami-Dade County | A11943735
- $509,000
Description
Wonderful large 1bed/1.5bath at Island Terrace on Belle Isle – a great place to call home! Sunny and spacious with impact windows, stainless appliances, plenty of closets, extra storage unit and a nice size balcony for dining al fresco. Views to the north of the bay, plus downtown skyline views from the balcony. Fantastic South Beach location with a wonderful park in front of the building, the Standard Hotel and Spa across the street and a few blocks to all the shops and restaurants at Sunset Harbour and Lincoln Rd. Classis Morris Lapidus bldg offering 24 hour front desk service, a beautiful bay front pool with a separate lounging area, gym, kayak launch, bike storage, onsite management, assigned parking. Excellent opportunity! Chandelier and sconces excluded.
Property Overview
This one-bedroom, one-and-a-half-bath condo offers 950 square feet of sunny, spacious living. Built in 1967, the unit features impact windows, stainless steel appliances, and plenty of built-in closets. It also includes an extra storage unit and a nicely sized balcony with views of the bay and the Miami skyline. The layout is practical and well-maintained, with additional dining or sitting space outdoors. Located at 5 Island Ave #8B in the Island Terrace Condo building, this unit is part of a Morris Lapidus-designed complex with 24-hour front desk service, a bayfront pool, a separate lounging area, a gym, kayak launch, and assigned parking. The HOA fee is $1,446. The building sits on Belle Isle in Miami Beach, just across from a public park, the Standard Hotel and Spa, and a few blocks from Sunset Harbour and Lincoln Road. Chandelier and sconces are excluded from the sale. For more details, call 305-859-4733.
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
This condo features 1 bedroom and 1.5 bathrooms.
What are the HOA fees for Island Terrace Condo?
The monthly HOA fee is $1,446, which covers 24-hour front desk service, a bayfront pool, gym, kayak launch, and more.
Is there on-site storage included with the unit?
Yes, the unit includes an extra storage unit in addition to plenty of closets.
What are the nearby attractions and conveniences?
The property is across the street from the Standard Hotel and Spa, a few blocks from Sunset Harbour and Lincoln Road, and has a wonderful park directly in front of the building.
Monthly Fees & Carrying Costs
| Association Fee | $1,446 / month |
| Total Monthly Fees | $1,446 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
Address
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Address: Island Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: BELLE ISLE
Details
Updated on June 27, 2026 at 3:44 am-
Property ID A11943735
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Price $509,000
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Property Size 950 Sq Ft
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Bedroom 1
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Room 0
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Bathrooms 1.5
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Garage 1
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Year Built 1967
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Wood
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Waterfront Features Intracoastal Front
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Bedroom Features Entry Level
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Cooling Electric
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Association Type Condo
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Building ISLAND TERRACE CONDO
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Association Fee Frequency Monthly
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Area Belle Isle
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Annual Tax 3380
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Association Yes
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Elementary School North Beach
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Private Pool Yes
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 1
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Subdivision BELLE ISLE
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Total Stories 16
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Restrictions No Lease-1st Year Owned, Renting Limited
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Parking 1 Space, Assigned, No Rv/Boats
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Heating Electric
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction CBS Construction
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Building Area 950
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Covered Spaces 1
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Middle School Nautilus
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Unit Floor 8
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Frontage Bay
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View Bay, Intracoastal View
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Year Built Details Resale
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High School Miami Beach
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Pets Allowed Yes
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Attached Yes
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Unit Number 8B
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Inclusions None
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1446
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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