ISLAND TERRACE CONDO
5 Island Ave # 5A, Miami Beach FL 33139
1 beds · 1.5 baths · 950 ft²
1
Bedrooms
1.5
Bathrooms
950
Sq. Ft.
1967
Year Built
16
Stories
63
Days on Market
Description
Discover waterfront living at its finest in this bright and spacious 1-bedroom, 1.5-bathroom condo at Island Terrace (Unit 5A) on Belle Isle in Miami Beach’s coveted Venetian Islands. Boasting approximately 950 square feet of open living space, this inviting residence features a functional layout with an eat-in kitchen, combined living/dining area, walk-in closets with ample storage, and a convenient half-bath for guests. Flooded with natural light and opening to a generous private balcony. Pool are offers stunning water views of Biscayne Bay and the glittering downtown Miami skyline—especially magical at night. The full-service, bayfront building delivers resort-style living with a heated waterfront pool overlooking the bay, a state-of-the-art fitness center, 24-hour doorman and secured lobby, kayak launch, bike storage, and elegant common areas. One assigned parking space is included, and the community is pet-friendly (with restrictions). Perfectly situated steps from the Venetian Causeway for biking or jogging, you’re moments from Sunset Harbour’s trendy shops, restaurants, and markets (Trader Joe’s, Whole Foods, Publix), plus easy access to South Beach, Lincoln Road, and all the vibrant energy of Miami Beach. Whether you’re seeking a primary residence, stylish second home, or smart investment, Unit 5A delivers the ultimate Miami Bayfront lifestyle with comfort, views, and convenience.
Facts
- MLS#
- A12007416
- 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.
- $467/ft²
- Price per sq. mt.
- $5,045/m²
- Stories
- 16
- Garage
- —
- Pool
- —
- Days on Market
- 63 days
- Listed
- Apr 24, 2026
- Last Updated
- Jun 26, 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).
| 6/26/2026 | Price change | $444,000-7.3% |
| 4/24/2026 | Listed for sale | $479,000 |
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.
Rem Learning CenterPK,KG,1 · private · 0.5 mi
Rem Learning CenterPK,KG,1 · private · 0.5 mi
Mini ME AcademyPK,TK,KG · private · 0.9 mi
Herbert A. Ammons Middle School6,7,8 · public · 1.0 mi
Aktiv Learning AcademyKG,1,2,3,4,5,6,7 · private · 1.1 mi
Kids for Kids AcademyPK,KG,1,2 · private · 1.1 mi
Jack David Gordon Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.1 mi
Venetian Parc AcademyPK,TK,KG,1,2 · public · 1.6 mi
Somerset Academy CharterKG,1,2,3,4,5 · charter · 1.6 mi
World Hope Academy9,10,11,12 · private · 2.0 mi
Estimated Monthly Payment
$2,883/mo
Principal & Interest
$2,363
Property Tax
$370
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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