Island Terrace, 5 Island Ave #LF

$515K3.1%
$499,000
1
Beds
11/2
Baths
950
SqFt
Status
OFF MARKETExpired
Parking
1
Size
950 SqFt (88 m2)
Price
$525/SqFt ($5,654/m2)
Type
Condo
Built
1967
HOA
$1,536/MO
MLS Number
A11722255
View
Other
On Site
613 Days
Updated
528 Days ago
Page Views
0
Motivated seller. Modern and beautifully renovated 1B/1.5B with abundant natural light. This 1,100 square foot unit features 1 spacious master suite, 1 full and 1 half bathroom, a generous living room, an oversized open kitchen with dining area to entertain your friends & family and a private balcony. One assigned parking space is included. Island Terrace is a famous Morris Lapidus residence located in the heart of Miami Beach, in Belle Isle at the Venetian Islands, right across the Standard Hotel and walking distance to the popular Sunset Harbor shops, restaurants, pilates & yoga studios. Full amenities building including 24 hr concierge, exercise room & pool overlooking the bay. Assessment of $32,500 has been paid in full! Unit is located on the first floor and does not have water views.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, MainLivingAreaEntryLevel
  • Equipment / Appliances: BuiltInOven, Dishwasher, ElectricRange, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Vinyl
  • Year Built: 1967
  • Year Built Description: Condo-Conversion
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-01-10T15:40:01.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, CableTv, HotWater, Internet, Laundry, MaintenanceGrounds, MaintenanceStructure, Parking, Security, Trash, Water
    • Taxes: 4107
    • Security Information: DoorMan
    • Parking Description: Assigned,OneSpace
    • Total Floors in Building: 16

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    Price History

    Current
    $499K
    High
    $515K
    Low
    $499K
    Total Change
    -3.1%
    $517K$507K$497KJan 25Apr 25
    Date
    Event
    Price
    Change
    Price Per
    04/05/2025
    Price Reduced
    $499K
    -3.11%
    $525 ft2
    $5,654 m2
    01/10/2025
    Listed
    $515K
     
    $542 ft2
    $5,835 m2
    04/05/2025
    $499K
    Event
    Price Reduced
    Change
    -3.11%
    Price Per
    $525 ft2
    $5,654 m2
    01/10/2025
    $515K
    Event
    Listed
    Price Per
    $542 ft2
    $5,835 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Charlotte JoncquiertLondon Foster Realty • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

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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