Rare First-floor Residence On The Exclusive Venetian Islands—one Of Only Three Ground-level Residences In The Building! This Spacious 1br/1.5ba, 950 Sf Home Feels Private And Serene, With No Need For An Elevator. Features Include Marble Floors, A Large Custom Walk-in Closet, Updated Kitchen And Baths, And Hurricane-impact Glass Offering Total Peace And Quiet. The Building, Set Directly On The Bay, Showcases A Modern Lobby, Waterfront Pool, And A Fully Equipped Fitness Center. Includes A Covered Parking Space And Storage Unit. Peaceful Island Living In The Heart Of Miami Beach, With A Park And The Iconic The Standard Hotel Across The Street. Furniture Included In Sale (optional). A Rare Offering Combining Privacy, Luxury, And Prime Location.

Features

Bedrooms

Bedrooms: 1

Bathrooms

Bathrooms: 1
Half Bathrooms: 1

Exterior and Lot Features

Exterior Features: SecurityHighImpactDoors
View: None,Pool

Interior, Heating and Cooling

Interior Features: BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, HandicapAccess, LivingDiningRoom, MainLivingAreaEntryLevel, Pantry, WalkInClosets
Equipment / Appliances: Dishwasher, Disposal, IceMaker, Microwave, Refrigerator, SelfCleaningOven
Heating Description: Central
Cooling Description: CentralAir

Building and Construction

Floor Description: Marble
Windows/Treatment: Blinds,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: No info
Listing Date: 2025-10-23T11:41:58.000-00:00
Pets Allowed: Conditional,Yes

Taxes, Fees & More

Maintenance Includes: Amenities, CommonAreas, HotWater, Insurance, MaintenanceGrounds, MaintenanceStructure, Parking, Pools, ReserveFund, Roof, Sewer, Security, Trash, Water
Taxes: 2581
Security Information: DoorMan, LobbySecured, SecurityGuard, SmokeDetectors
Parking Description: Assigned, Covered, OneSpace
Total Floors in Building: 16

Price History

10/23/2025

Date

Listed

Event

$499K

Price

$525 ft² / $5,654 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Elsie Gattas • Elite Miami Realty, LLC • Buyer Agency Compensation .

Apples-to-Apples Comparables

Closed

Active

$300/ft²

$600/ft²

$900/ft²

$1,200/ft²

$499K

Unit #LE – $525/ft²

(-7%) from Closed Avg.

$537.1K

Closed Avg. $565/ft²

Community $/Price Range (Closed) $480/ft² – $1098/ft²

	Unit	Bed/Bath	Size SqFt	$/SqFt	Exposure	View	Sold	Closed Date
	# 4F	1/1	950	$480	South, West, North	Bay, City, Intercoastal	$456,250	6/20/2025
	# 14G	1/1	950	$651	South, West, North	Bay, City, Intercoastal	$618,000	1/7/2025

Unit: # 4F

Bed/Bath: 1/1

Size SqFt: 950

$/SqFt: $480

Exposure: South, West, North

View: Bay, City, Intercoastal

Sold: $456,250

Closed Date: 6/20/2025

Unit: # 14G

Bed/Bath: 1/1

Size SqFt: 950

$/SqFt: $651

Exposure: South, West, North

View: Bay, City, Intercoastal

Sold: $618,000

Closed Date: 1/7/2025

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Island Terrace, 5 Island Ave #LE, Miami Beach, FL, Florida 33139

Details

Price History

Apples-to-Apples Comparables

THINKING OF SELLING IN Island Terrace at Miami Beach?

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Miami Beach
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