5 Island Ave, Miami Beach FL 33139 | Miami-Dade County | A12115533
- $449,000
- $449,000
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 bay front. 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 & restaurants,and Lincoln Road!
Includes 1 assigned parking space and hurricane-impact windows. An ideal primary residence or second home
combining location, comfort and lifestyle.
Property Overview
Frequently Asked Questions
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Monthly Fees & Carrying Costs
| Association Fee | $1,425 / month |
| Total Monthly Fees | $1,425 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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This listing is courtesy of One Sotheby's International Realty.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
Open on Google Maps-
Address: Island Ave
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City: Miami Beach
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Zip/Postal Code: 33139
Details
Updated on November 8, 2026 at 10:42 pm-
Property ID A12115533
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Price $449,000
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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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Year Built 1967
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Property Status Active, Residential
Additional details
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View Other View
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Cooling Central Air
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Heating Central
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Tax Year 2025
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Flooring Tile, Vinyl
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Unit Floor 1
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High School Miami Beach
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Inclusions None
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Unit Number LF
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Building ISLAND TERRACE CONDO
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Frontage Bay
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Garage Spaces 1
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Listing Terms All Cash, Conventional
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Area Island Terrace Condo
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Total Stories 16
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Waterfront Yes
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Association Yes
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Full Bathrooms 1
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Half Bathrooms 1
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Covered Spaces 1
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Style Condo 5+ Stories
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Private Pool No
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Structure Type Condo 5+ Stories, Condo
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Association Fee 1425
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Parking 1 Space, Assigned
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Subdivision ISLAND TERRACE CONDO
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Annual Tax 6309
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Elementary School North Beach
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Year Built Details Resale
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Building Area 950
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Lot Size (Sq Ft) 0
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Flood Zone AE
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New Construction No
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Attached Yes
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Bedroom Features Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
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Amenities Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Pool
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Restrictions Renting Limited, See Broker Remarks
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Middle School Nautilus
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Construction CBS Construction
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Pets Allowed Yes
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Patio / Porch Open Balcony
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Association Fee Frequency Monthly
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Association Type Condo
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Membership Purchase Required No
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