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

1Beds
11/2Baths
950SqFt

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Details

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Status:
Active
Parking: No info
Size: 950 SqFt (88 m2)
Price: $525/SqFt ($5,654/m2)
Type: Condo
Built: 1967
HOA: $1,559/MO
MLS Number: A11901357
View: None,Pool
On Site: 10 Days
Updated: 10 Days ago
Page Views: 0
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 GattasElite Miami Realty, LLC • Buyer Agency Compensation .

Apples-to-Apples Comparables

$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 – $1098/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 4F1/1950$480South, West, NorthBay, City, Intercoastal$456,2506/20/2025
# 14G1/1950$651South, West, NorthBay, City, Intercoastal$618,0001/7/2025
Preview
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
Preview
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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