ISLAND TERRACE CONDO

5 Island Ave # 6A, Miami Beach FL 33139

1 beds · 1.5 baths · 950 ft²

For Sale · Active Listing

$430,000

5.49%

Est. Payment $2,289/mo

MLS Sheet Video

1

Bedrooms

1.5

Bathrooms

950

Sq. Ft.

1967

Year Built

1

Garage

15

Stories

49

Days on Market

Description

Oversized 950 sq ft 1BR/1.5BA at the Morris Lapidus designed Island Terrace on Belle Isle. Generous proportions, abundant in unit storage plus additional private storage, dedicated parking, and a private balcony with greenery, bay and downtown sunset views. In original condition and ready for your vision, this is an opportunity to create a truly special Miami Beach home in one of the area's most desirable neighborhoods. Island Terrace offers bayfront living with a waterfront pool, gym and full service building conveniences. Adjacent to Belle Isle Park, across from The Standard Spa, and just moments from Sunset Harbour's restaurants, shops and fitness studios, with Lincoln Road nearby. Exceptional space, location and potential on Belle Isle.

Facts

MLS#
A12042469
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.
$453/ft²
Price per sq. mt.
$4,886/m²
Stories
15
Garage
1 spaces
Pool
Days on Market
49 days
Listed
Jul 1, 2026
Last Updated
Aug 19, 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

August 2026

100/100
Buyers marketSellers market

38

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).

7/31/2026Price change$430,000-5.5%
7/1/2026Listed for sale$455,000

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 # 6A, Miami Beach FL 33139Directions

Estimated Monthly Payment

$2,797/mo

Principal & Interest

$2,289

Property Tax

$358

Insurance

$150

HOA

$0

20% ($86,000)
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

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Updated 12 hours ago

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