ISLAND TERRACE CONDO
5 Island Avenue # 15A, Miami Beach FL 33139
1 beds · 1.5 baths · 950 ft²
1
Bedrooms
1.5
Bathrooms
950
Sq. Ft.
1967
Year Built
1
Garage
16
Stories
152
Days on Market
Description
Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.
Facts
- MLS#
- A11937837
- Subdivision
- ISLAND TERRACE CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1967
- Lot Size
- 0 sqft
- Sq. Ft.
- 950 ft²
- Sq. Mt.
- 88 m²
- Price per sq. ft.
- $511/ft²
- Price per sq. mt.
- $5,511/m²
- Stories
- 16
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 152 days
- Listed
- Jan 5, 2026
- Last Updated
- Apr 27, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
49
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/27/2026 | Price change | $485,000-9.9% |
| 1/5/2026 | Listed for sale | $538,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Gratigny Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
- Bethany Covenant School
PK,KG,1,2,3,4 · private · 0.3 mi
- Hubert O. Sibley K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.3 mi
- Miami Union Academy of SDA
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Miami Union Academy Sda
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Seven Day Adventst Union Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Growing Minds Teaching Center
KG,1,2,3,4,5 · private · 0.5 mi
- Lively Stones for Jesus School of the Future
3,9,12 · private · 0.5 mi
- St James Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
- Trinity Christian School & Dc
PK,KG · private · 0.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,136/mo
Principal & Interest
$2,581
Property Tax
$404
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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