ISLAND TERRACE CONDO

5 Island Ave # 15F, Miami Beach FL 33139

1 beds · 2 baths · 950 ft²

Closed

$5,150

1.90%

Est. Payment $27/mo

MLS Sheet Video

1

Bedrooms

2

Bathrooms

950

Sq. Ft.

1967

Year Built

1

Garage

16

Stories

107

Days on Market

Description

Experience breathtaking bay and downtown skyline views from this immaculate, fully furnished and equipped residence on Belle Isle. Features include custom built-ins, designer furnishings, upgraded finishes, high ceilings, and an open-concept layout with two full baths. Abundant natural light fills the beautifully designed space, enhancing the home’s modern aesthetic. Located in an iconic Morris Lapidus building on the prestigious Venetian Islands, residents enjoy a 24/7 front desk, fitness center, waterfront pool, & assigned parking. Steps from The Standard Hotel, & within walking distance to Sunset Harbour, dining, shops, fitness studios, Publix, Trader Joe’s, & Lincoln Rd. Water, cable & internet included.

Facts

MLS#
A11991497
Subdivision
ISLAND TERRACE CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1967
Lot Size
0 sqft
Sq. Ft.
950 ft²
Sq. Mt.
88 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$59/m²
Stories
16
Garage
1 spaces
Pool
Days on Market
107 days
Listed
Mar 30, 2026
Last Updated
Jul 15, 2026
Price/Lot Sq.Ft.

Comparable homes

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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

August 2026

100/100
Buyers marketSellers market

61

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).

7/15/2026Sold$5,150
6/1/2026Price change$5,150-1.9%
3/30/2026Listed for sale$5,250

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5 Island Ave # 15F, Miami Beach FL 33139Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$17,167

gross income / month to qualify

Monthly rent$5,150
Required annual income$206,000
Security deposit (est.)$5,150
Move-in cost (1st + last + security)$15,450

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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