Condominium
5 Island Ave # 2F
5 Island Ave # 2F, Miami Beach FL 33139
$475,000
1 Bed · 1 Bath · 950 SqFt
See estimated monthly costThis listing is courtesy of Douglas Elliman. Barbara Estela
Overview
Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.
Facts & features
Interior
- Living area (sq ft)
- 950
- Full bathrooms
- 1
- Half bathrooms
- 1
- No Interior Features
Building & exterior
- Year built
- 1967
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Water View
- Ocean Access
- 1 Space
HOA (homeowners association)
- Association fee
- $1,425 per month
- Pets allowed
- No
- Bike Storage
- Clubhouse-Clubroom
- Laundry
- Exercise Room
- Pool
- No Daily Rentals
- No Lease-1st Year Owned
- No
Taxes
- Annual tax
- $8,081
- Tax year
- 2024
- Parcel number
- 02-32-33-044-0090
Assigned schools
- Elementary
- North Beach
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12025234
- Property type
- Condominium
- Price per SqFt
- $500
- Subdivision
- ISLAND TERRACE CONDO
- On market since
- May 27, 2026
- Days on market
- 83
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| May 27, 2026 | Listed | $499,995 | — |
| Aug 18, 2026 | Price change | $475,000 | −$14,000 (−2.9%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$4,857 per month
- Principal & interest (30 yr)
- $2,402
- Property tax
- $673
- Insurance (estimated)
- $356
- Association fee
- $1,425
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Lincoln-Marti Community Agency 41
- Lubavitch Educational Center - Yeshiva Gedolah
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