5
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1.5
  • Bathrooms
  • 0
  • Garage
  • 950 Sq Ft
  • Area Size
5 Island Ave # 5A, Miami Beach FL 33139 | Miami-Dade County | A12007416
  • $444,000

Description

Discover waterfront living at its finest in this bright and spacious 1-bedroom, 1.5-bathroom condo at Island Terrace (Unit 5A) on Belle Isle in Miami Beach’s coveted Venetian Islands.
Boasting approximately 950 square feet of open living space, this inviting residence features a functional layout with an eat-in kitchen, combined living/dining area, walk-in closets with ample storage, and a convenient half-bath for guests. Flooded with natural light and opening to a generous private balcony. Pool are offers stunning water views of Biscayne Bay and the glittering downtown Miami skyline—especially magical at night.
The full-service, bayfront building delivers resort-style living with a heated waterfront pool overlooking the bay, a state-of-the-art fitness center, 24-hour doorman and secured lobby, kayak launch, bike storage, and elegant common areas. One assigned parking space is included, and the community is pet-friendly (with restrictions).
Perfectly situated steps from the Venetian Causeway for biking or jogging, you’re moments from Sunset Harbour’s trendy shops, restaurants, and markets (Trader Joe’s, Whole Foods, Publix), plus easy access to South Beach, Lincoln Road, and all the vibrant energy of Miami Beach. Whether you’re seeking a primary residence, stylish second home, or smart investment, Unit 5A delivers the ultimate Miami Bayfront lifestyle with comfort, views, and convenience.

Property Overview

Unit 5A at Island Terrace is a well-maintained 1-bedroom, 1.5-bathroom condo offering 950 square feet of bright, open living space. The layout is practical and modern, with an eat-in kitchen, a combined living and dining area, and walk-in closets that maximize storage. The unit opens to a private balcony, where you can enjoy views of Biscayne Bay and the Miami skyline—especially striking in the evening light. This is a great option for buyers looking for a low-maintenance, sunny retreat with direct access to the bay. Island Terrace is a full-service, bayfront condominium with a range of amenities, including a heated pool, state-of-the-art fitness center, 24-hour doorman, and secured lobby. The building also features kayak launch access, bike storage, and elegant common areas that reflect the building’s coastal charm. Unit 5A comes with one assigned parking space, making it convenient for residents who need a place to park. The community is pet-friendly, though pets are subject to certain restrictions. Located on Belle Isle, just steps from the Venetian Islands, this home is in one of Miami Beach’s most desirable neighborhoods. It’s close to dining, shopping, and cultural spots, and just a short walk from the water. The building itself is well-managed and has a strong community feel. If you’re looking for a move-in-ready condo with a great layout, resort-style amenities, and a prime location, this could be a smart choice.

Frequently Asked Questions

What are the square footage and number of bedrooms in this unit?

This unit is approximately 950 square feet with 1 bedroom and 1.5 bathrooms.

What is the monthly HOA fee?

The monthly HOA fee is $1,536.

Does the building have a pool and what kind of amenities are available?

Yes, the building has a heated waterfront pool, a state-of-the-art fitness center, 24-hour doorman, secured lobby, kayak launch, bike storage, and elegant common areas.

Is there a private balcony in this unit?

Yes, the unit has a private balcony that offers views of Biscayne Bay and the downtown Miami skyline.

What is the year built for Island Terrace?

Island Terrace was built in 1967.

Is there one assigned parking space included?

Yes, this unit includes one assigned parking space.

Monthly Fees & Carrying Costs

Association Fee $1,536 / month
Total Monthly Fees $1,536 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: Island Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: ISLAND TERRACE CONDO

Details

Updated on June 30, 2026 at 6:52 am
  • Property ID A12007416
  • Price $444,000
  • Property Size 950 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 1.5
  • Garage 0
  • Year Built 1967
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Carpet, Tile
  • Bedroom Features Primary Bath Tub
  • Cooling Central Air
  • Association Type Condo
  • Building ISLAND TERRACE
  • Association Fee Frequency Monthly
  • Area Island Terrace Condo
  • Annual Tax 5500
  • Association Yes
  • Private Pool No
  • Listing Terms Conventional, FHA-Va Approved
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision ISLAND TERRACE CONDO
  • Total Stories 16
  • Restrictions Renting Limited
  • Amenities Laundry, Elevator(s), Exercise Room, Exterior Lighting, Storage, Pool
  • Parking 1 Space, Assigned
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 950
  • Covered Spaces 0
  • Unit Floor 4
  • Frontage Bay
  • View Intracoastal View, Other View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 5A
  • Inclusions None
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 1536
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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