Island Terrace, 5 Island Ave #8B

$525K3%
$509,000
1
Beds
11/2
Baths
950
SqFt
Status
OFF MARKETExpired
Parking
1
Size
950 SqFt (88 m2)
Price
$536/SqFt ($5,767/m2)
Type
Condo
Built
1967
HOA
$1,446/MO
MLS Number
A11943735
View
Bay,Intercoastal
On Site
245 Days
Updated
102 Days ago
Page Views
0
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.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Intercoastal
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, LivingDiningRoom
  • Equipment / Appliances: Dishwasher, ElectricRange, IceMaker, Microwave, Refrigerator
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: Hardwood,Wood
  • Windows/Treatment: Blinds, Sliding, ImpactGlass
  • Year Built: 1967
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: North Beach
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2026-01-13T10:12:44.000-00:00
  • Directions: North
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Insurance, Laundry, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Water
  • Taxes: 3380
  • Security Information: ClosedCircuitCameras, DoorMan, FireAlarm, KeyCardEntry, LobbySecured
  • Parking Description: Assigned, Attached, Garage, OneSpace
  • Total Floors in Building: 16

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Price History

Current
$509K
High
$525K
Low
$509K
Total Change
-3%
$527K$517K$507KJan 26Mar 26
Date
Event
Price
Change
Price Per
03/10/2026
Price Reduced
$509K
-3.05%
$536 ft2
$5,767 m2
01/12/2026
Listed
$525K
 
$553 ft2
$5,949 m2
03/10/2026
$509K
Event
Price Reduced
Change
-3.05%
Price Per
$536 ft2
$5,767 m2
01/12/2026
$525K
Event
Listed
Price Per
$553 ft2
$5,949 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lisa Van WagenenBrown Harris Stevens • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
68

100
Transit Score®
Some Transit. A few nearby public transportation options
35

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
76

100
Sound Score®
Bearable noise
75

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
1 – 2 BR
Bedrooms
$420K – $925K
Price Tier
680 - 1,900
SqFt Range
1967
Year Build
16
Total Floors

Subdivision Amenities

Barbecue
Bike Storage
Clubhouse
Elevators
Fitness Center
Hobby Room
Laundry
Management
Pool
Storage
Trash

Miami Beach
Mid-Tier
Mid-Tier Homes & Condos