ISLAND TERRACE CONDO

5 Island Ave # 5J, Miami Beach FL 33139

1 beds · 1.5 baths · 985 ft²

For Sale · Active Listing

$4,700

Est. Payment $25/mo

MLS Sheet Video

1

Bedrooms

1.5

Bathrooms

985

Sq. Ft.

1967

Year Built

1

Garage

16

Stories

2

Days on Market

Description

Best deal on Belle Island! Stunning furnished corner 1BD/1.5BA residence with 985 Sq.Ft. of bright and spacious living. Features include a modern European kitchen, stainless steel appliances, quartz countertops, wood floors, custom closets, spa-style bathroom, powder room, and a large private terrace with beautiful bay and park views. Brand-new impact windows throughout. Prime location directly across from The Standard and just steps from Sunset Harbour, Lincoln Rd, top restaurants, cafés, gyms, and markets. Quick access to Downtown Miami via the Venetian Causeway. Offered fully furnished and move-in ready — perfect for tenants seeking comfort, convenience, and the Miami Beach lifestyle!

Facts

MLS#
A12027533
Subdivision
ISLAND TERRACE CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1967
Lot Size
0 sqft
Sq. Ft.
985 ft²
Sq. Mt.
92 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$51/m²
Stories
16
Garage
1 spaces
Pool
Days on Market
2 days
Listed
May 29, 2026
Last Updated
May 31, 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

May 2026

100/100
Buyers marketSellers market

59

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).

5/29/2026Listed for sale$4,700

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 # 5J, 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.

Affordability

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

$15,667

gross income / month to qualify

Monthly rent$4,700
Required annual income$188,000
Security deposit (est.)$4,700
Move-in cost (1st + last + security)$14,100

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

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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