Island Terrace, 5 Island Ave #LF

1
Beds
11/2
Baths
950
SqFt
Status
Active
Parking
1
Size
950 SqFt (88 m2)
Price
$488/SqFt ($5,257/m2)
Type
Condo
Built
1967
HOA
$1,425/MO
MLS Number
A11994765
View
Other
On Site
130 Days
Updated
6 Days ago
Page Views
0
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 Lapidu... Read more

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, MainLevelPrimary, Bar, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, Refrigerator, SelfCleaningOven
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile,Vinyl
  • Windows/Treatment: ImpactGlass,Sliding
  • Year Built: 1967
  • Year Built Description: Resale
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: 2026-04-17T16:49:52.000-00:00
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Laundry, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Trash, Water
  • Taxes: 6309
  • Security Information: ClosedCircuitCameras, DoorMan, LobbySecured
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 16

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Price History

Date
Event
Price
Change
Price Per
04/03/2026
Listed
$464K
 
$488 ft2
$5,257 m2
04/03/2026
$464K
Event
Listed
Price Per
$488 ft2
$5,257 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Marine RivierreOne Sotheby's International Realty • Buyer Agency Compensation .

Listing Location & Street View
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Turn-key investment opportunity or the perfect coastal retreat! This fully furnished, oversized 1-bedroom, 1.5-bathroom unit is move-in ready and waiting for its next owner. Step inside to find a bright, open floor plan that leads to your private balcony boasting stunning, unobstructed intracoastal views. Perfect for sunset cocktails or morning coffee. Whether you are looking for a high-potential rental or a personal sanctuary, this unit offers the ultimate south florida lifestyle. Just minutes from the beach, dining, and shopping. Don’t miss out—bring your toothbrush and start living the dream today! Special assessment: $197.23 expires 10/2028, $252.42 expires 12/2039, $170.32 expires 7/2038.
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Community Snapshot
1 – 2 BR
Bedrooms
$430K – $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