ISLAND TERRACE CONDO

5 Island Ave # 5A, Miami Beach FL 33139

1 beds · 1.5 baths · 950 ft²

For Sale · Active Listing

$444,000

7.31%

Est. Payment $2,363/mo

MLS Sheet Video

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.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

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).

6/26/2026Price change$444,000-7.3%
4/24/2026Listed 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

5 Island Ave # 5A, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$2,883/mo

Principal & Interest

$2,363

Property Tax

$370

Insurance

$150

HOA

$0

20% ($88,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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

Similar listings nearby

More homes in Miami Beach around $444,000.

Call NowWhatsApp