ISLAND TERRACE CONDO

5 Island Av # 7a, Miami Beach FL 33139

1 beds · 1.5 baths · 950 ft²

Closed

$3,000

Est. Payment $16/mo

MLS Sheet Video

Bedrooms

1.5

Bathrooms

950

Sq. Ft.

1967

Year Built

Garage

Stories

Days on Market

Description

Spacious 1/1.5 Miami Beach apartment located on Belle Isle and the Venetian Causeway; the perfect beach getaway. The apartment is furnished and spaciously, offers an open kitchen layout with oversized countertops, dining area, large balcony, walk-in closet and modern bathrooms. Amenities include a serene pool overlooking the bay, exercise room, and 24/7 doorman. The unit comes with 1 parking space along with basic cable and internet. Located just across the street from the Standard Hotel and minutes away from Trader Joes, Lincoln Road, and Miami Beach. Unit can be available furnished or unfurnished. Small, non-aggressive pet's considered with additional pet deposit.

Facts

MLS#: R11108283
Subdivision: ISLAND TERRACE CONDO
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 1967
Lot Size: 0 sqft
Sq. Ft.: 950 ft²
Sq. Mt.: 88 m²
Price per sq. ft.: $3/ft²
Price per sq. mt.: $34/m²
Stories: 20
Garage: 1 spaces
Pool: Private
Days on Market: 4 days
Listed: Jul 17, 2025
Last Updated: Jun 7, 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

June 2026

100/100

Buyers marketSellers market

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).

6/7/2026	Sold	$3,000
7/17/2025	Listed for sale	$3,000

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

Location

5 Island Av # 7a, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

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

Sunset Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
True North Classical Academy High School
9,10,11,12 · charter · 0.2 mi
True North Classical Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.2 mi
BRIDGEPREP ACADEMY-0131
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Bridgeprep Academy Of Polk
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Gateway Christian School
PK,KG,1,2,3,4,5,6 · private · 0.5 mi
True North Classical Academy Kendall
KG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
Glades Middle School
6,7,8 · public · 0.7 mi
Carpe Diem Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Be Unique Academy Prep
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi

Affordability

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

$10,000

gross income / month to qualify

Monthly rent$3,000

Required annual income$120,000

Security deposit (est.)$3,000

Move-in cost (1st + last + security)$9,000

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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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