5 Island Ave # LF, Miami Beach, FL 33139

$449,0001 Beds2 Baths950 Sq. Ft.$473 / sq. ft.

Miami Beach, FL 33139 · MLS# A12115533 · Active · ISLAND TERRACE CONDO

Status
Active
Type
Condominium
Year Built
1967
Days on Market
1
MLS #
A12115533
County
Miami-Dade County

Description of 5 Island Ave # LF, Miami Beach, FL 33139

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 Details for 5 Island Ave # LF, Miami Beach, FL 33139

Bathrooms Full
1
Bathrooms Half
1
Interior Features
First Floor Entry, Bar, Walk-In Closet(s)
Appliances
Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
Flooring
Tile, Vinyl
Heating
Central
Cooling
Central Air
Garage Spaces
1
Parking Features
1 Space, Assigned
Pool Private
No
Year Built Details
Resale
Property Condition
Updated/Remodeled

Building Information for 5 Island Ave # LF, Miami Beach, FL 33139

Building Name
ISLAND TERRACE CONDO
Building Area Total
950
Building Area Units
Square Feet
Stories Total
16
Entry Level
1
Association
Yes
Association Fee
$1,425
Association Fee Frequency
Monthly
Association Amenities
Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Pool
Pets Allowed
Restrictions Or Possible Restrictions
Security Features
Doorman, Lobby Secured, TV Camera

Property Information for 5 Island Ave # LF, Miami Beach, FL 33139

Waterfront
Yes
View
Other View
Construction Materials
CBS Construction
Exterior Features
Open Balcony
New Construction
No

Public Records for 5 Island Ave # LF, Miami Beach, FL 33139

Parcel Number
02-32-33-044-0030
Tax Annual Amount
$6,309
Tax Year
2025
Tax Legal Description
ISLAND TERRACE CONDO UNIT L-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 16065-0315 0993 1
County Or Parish
Miami-Dade County

Schools Near 5 Island Ave # LF, Miami Beach, FL 33139

Elementary School
North Beach
Middle School
Nautilus
High School
Miami Beach

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$4,446/mo
Principal & Interest
$2,270
Property Taxes
$526
Home Insurance
$225
HOA Dues
$1,425

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

5 Island Ave # LF, Miami Beach, FL 33139 · See all Miami Beach condos for sale

Courtesy of One Sotheby's International Realty

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More information about 5 Island Ave # LF, Miami Beach, FL 33139

5 Island Ave # LF is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on November 5, 2026 by One Sotheby's International Realty, it's currently listed at $449,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include North Beach, Nautilus and Miami Beach. 5 Island Ave # LF is a 1-bed, 2-bath, 950 sqft condo built in 1967.