ISLAND TERRACE CONDO
5 Island Ave # 12C, Miami Beach FL 33139
2 beds · 2 baths · 1,305 ft²
$900,000
Est. Payment $4,790/mo
2
Bedrooms
2
Bathrooms
1,305
Sq. Ft.
1967
Year Built
1
Garage
16
Stories
15
Days on Market
Description
Rarely available northwest corner residence at Island Terrace on Belle Isle. This 12th-floor 2-bedroom, 2-bath home features direct bay views, spectacular sunsets, and exceptional natural light from floor-to-ceiling hurricane-impact glass windows. Well maintained and ideally positioned overlooking a peaceful private park, the residence enjoys a prime Belle Isle location across from The Standard Hotel & Spa and just moments from Sunset Harbour’s top restaurants, cafes, fitness studios, and boutiques. Designed by Morris Lapidus, Island Terrace is a full-service waterfront building with a 24-hour front desk, bayfront pool, kayak launch, bike and additional storage, assigned parking, onsite management, and a pet-friendly policy. A standout opportunity to enjoy iconic Miami Beach waterfront living.
Facts
- MLS#
- A12004266
- Subdivision
- ISLAND TERRACE CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1967
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,305 ft²
- Sq. Mt.
- 121 m²
- Price per sq. ft.
- $690/ft²
- Price per sq. mt.
- $7,438/m²
- Stories
- 16
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 15 days
- Listed
- Apr 20, 2026
- Last Updated
- May 5, 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
May 2026
45
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).
| 4/20/2026 | Listed for sale | $900,000 |
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.
Miami-Dade Online Academy- Virtual Instruction ProgramKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.3 mi
- College and Careers
9,10,11,12 · public · 0.4 mi
- District Instructional Center (Dic)
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center C
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center D
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center E
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center G
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center H
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- District Summer Center L
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
- Esy Summer Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$5,690/mo
Principal & Interest
$4,790
Property Tax
$750
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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