Motivated seller. Modern and beautifully renovated 1B/1.5B with abundant natural light. This 1,100 square foot unit features 1 spacious master suite, 1 full and 1 half bathroom, a generous living room, an oversized open kitchen with dining area to entertain your friends & family and a private balcony. One assigned parking space is included. Island Terrace is a famous Morris Lapidus residence located in the heart of Miami Beach, in Belle Isle at the Venetian Islands, right across the Standard Hotel and walking distance to the popular Sunset Harbor shops, restaurants, pilates & yoga studios. Full amenities building including 24 hr concierge, exercise room & pool overlooking the bay. Assessment of $32,500 has been paid in full! Unit is located on the first floor and does not have water views.
For sale
Price cut: $16K (4/5)
$499,000
5 Island Ave, Miami Beach, FL 33139
1beds
950sqft
Est.:
Condominium
Built in 1967
-- sqft lot
$-- Zestimate®
$525/sqft
$1,536/mo HOA
What's special
Pool overlooking the bayPrivate balconyAbundant natural lightSpacious master suiteOversized open kitchenDining area
- 137 days
- on Zillow |
- 202 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: April 05, 2025 at 06:40am
Listed by:
Charlotte Joncquiert 305-335-7606,
London Foster Realty
Source: MIAMI,MLS#: A11722255
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Oven
- Laundry: Common Area
Features
- Flooring: Vinyl
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: Other, Balcony
- Pool features: Association
- Has view: Yes
- View description: Other
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Details
- Parcel number: 0232330440030
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1967
Community & HOA
Community
- Security: Doorman
- Subdivision: Island Terrace Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s), Fitness Center, Pool
- HOA fee: $1,536 monthly
- Application fee: $200
- Pet fee: $0
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $682,549
- Annual tax amount: $4,107
- Date on market: 1/10/2025
- Listing terms: All Cash,Conventional
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