ISLAND TERRACE CONDO
5 Island Ave # 2F, Miami Beach FL 33139
1 beds · 1.5 baths · 950 ft²
$499,995
Est. Payment $2,661/mo
1
Bedrooms
1.5
Bathrooms
950
Sq. Ft.
1967
Year Built
1
Garage
16
Stories
0
Days on Market
Description
Experience breathtaking bay and downtown skyline views from this immaculate, fully furnished and equipped residence on coveted Belle Isle. Beautifully designed with custom built-ins, designer furnishings, upgraded finishes, soaring ceilings, and abundant natural light, this residence offers a seamless open-concept layout with two full bathrooms and a sophisticated modern aesthetic. Located in an iconic Morris Lapidus building on the prestigious Venetian Islands, residents enjoy premium amenities including a 24/7 front desk, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, premier dining, shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Water, cable, and internet included. A rare opportunity to enjoy luxury living in one of Miami Beach’s most sought-after locations.
Facts
- MLS#
- A12025234
- 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.
- $526/ft²
- Price per sq. mt.
- $5,682/m²
- Stories
- 16
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- —
- Listed
- May 27, 2026
- Last Updated
- May 28, 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
40
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).
| 5/27/2026 | Listed for sale | $499,995 |
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.
Lake Placid High SchoolPK,9,10,11,12 · public · 1.5 mi
- Lake Placid Middle School
6,7,8 · public · 1.6 mi
- Lake Placid Elementary School
PK,KG,1,2,3,4,5 · public · 1.7 mi
- Lake Placid Christian School
6,7,8 · private · 2.1 mi
- Lake Placid Montessori Academy LLC
PK,KG,1,2,3 · private · 2.2 mi
- Mont Childrn's School-Lake Placid
PK,KG,1,2,3 · private · 2.2 mi
- Lake Placid Montessori Academy LLC
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.2 mi
- Noah's Ark Learning Center
PK,KG · private · 2.3 mi
- Lake Placid Christian School
UG · private · 2.5 mi
- Lakeview Christian School
PK,KG,1,2,3,4,5,6,7,8 · private · 2.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,228/mo
Principal & Interest
$2,661
Property Tax
$417
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 19 hours ago
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