Island Terrace

5 Island Avenue # 8E, Miami Beach FL 33139

1 beds · 1 baths · 950 ft²

Closed

$399,000

Est. Payment $2,124/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

950

Sq. Ft.

1967

Year Built

1

Garage

15

Stories

11

Days on Market

Description

Spectacular view of Biscayne Bay and Star island. One bedroom but has been opened up to make spacious loft style with lots of light. Window treatment is stylish white cloth shades. Blonde hardwood floors.spacious balcony. one wall half mirrored to catch and reflect the wide bay view. Kitchen all white redesigned with cooking island opened up. Two baths reconfigured to one larger bath with great rain fixtures. Closet is california custom. Very fine well managed building and all common areas have been recently redone. //heated pool overlooking bay. location is nearby walk for a great restaurant district, publix and post office. Sort walk to Lincoln Road. Assigned covered parking. Call listing agent first with day before notice. courtesy key is at EWM Beach office. tenant occupied.

Facts

MLS#
F10218099
Subdivision
Island Terrace
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.
$420/ft²
Price per sq. mt.
$4,534/m²
Stories
15
Garage
1 spaces
Pool
Private
Days on Market
11 days
Listed
Feb 21, 2020
Last Updated
May 23, 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

June 2026

100/100
Buyers marketSellers market

45

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).

5/23/2026Sold$399,000
2/21/2020Listed for sale$399,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$2,606/mo

Principal & Interest

$2,124

Property Tax

$333

Insurance

$150

HOA

$0

20% ($79,800)
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

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