Island Terrace, 5 Island Ave #LF

1
Beds
11/2
Baths
950
SqFt
$473
$/SqFt
Mid-Tier CondoProperty Type
1967Year Built
$473/SqFtPrice per sq ft
$1,425/moHOA Fees
1 carParking Spaces
YesWaterfront
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 Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, the apartment features generous living spaces, large volumes and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bay front. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service and onsite management. Pet-friendly. A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops & restaurants,and Lincoln Road! Includes 1 assigned parking space and hurricane-impact windows. An ideal primary residence or second home combining location, comfort and lifestyle.
Listing Courtesy Of: One Sotheby's International Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 7 DaysUpdated: 6 Days agoPage Views: 0

Features

MLS Number: A12115533
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: 2026-11-05T16:52:44.000-00:00
  • 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
10/30/2026
Listed
$449K
 
$473 ft2
$5,087 m2
10/30/2026
$449K
Event
Listed
Price Per
$473 ft2
$5,087 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Marine Rivierre • One Sotheby's International Realty • Buyer Agency Compensation .
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Community Snapshot
1 – 2 BR
Bedrooms
$400K – $950K
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

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