Condominium

5 Island Ave # 5A

5 Island Ave # 5A, Miami Beach FL 33139 Get directions

$420,000

For Sale

1 Bed · 1 Bath · 950 SqFt

See estimated monthly cost

This listing is courtesy of Person to Person Realty Inc. Mayra Pupo

Overview

Discover waterfront living at its finest in this bright and spacious 1-bedroom, 1.5-bathroom condo at Island Terrace (Unit 5A) on Belle Isle in Miami Beach’s coveted Venetian Islands. Boasting approximately 950 square feet of open living space, this inviting residence features a functional layout with an eat-in kitchen, combined living/dining area, walk-in closets with ample storage, and a convenient half-bath for guests. Flooded with natural light and opening to a generous private balcony. Pool are offers stunning water views of Biscayne Bay and the glittering downtown Miami skyline—especially magical at night. The full-service, bayfront building delivers resort-style living with a heated waterfront pool overlooking the bay, a state-of-the-art fitness center, 24-hour doorman and secured lobby, kayak launch, bike storage, and elegant common areas. One assigned parking space is included, and the community is pet-friendly (with restrictions). Perfectly situated steps from the Venetian Causeway for biking or jogging, you’re moments from Sunset Harbour’s trendy shops, restaurants, and markets (Trader Joe’s, Whole Foods, Publix), plus easy access to South Beach, Lincoln Road, and all the vibrant energy of Miami Beach. Whether you’re seeking a primary residence, stylish second home, or smart investment, Unit 5A delivers the ultimate Miami Bayfront lifestyle with comfort, views, and convenience.

Facts & features

Interior

Living area (sq ft)
950
Full bathrooms
1
Half bathrooms
1
Furnished
Unfurnished
  • Walk-In Closet(s)

Building & exterior

Year built
1967
Waterfront
Yes
  • Intracoastal View
  • Other View
  • Open Balcony
  • 1 Space
  • Assigned

HOA (homeowners association)

Association fee
$1,536 per month
Pets allowed
Yes
  • Laundry
  • Elevator(s)
  • Exercise Room
  • Exterior Lighting
  • Storage
  • Pool
  • Renting Limited
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$5,500
Tax year
2025
Parcel number
02-32-33-044-0300

Listing

MLS number
A12007416
Property type
Condominium
Price per SqFt
$442
Subdivision
ISLAND TERRACE CONDO
On market since
Apr 24, 2026
Days on market
100

Estimated monthly cost

$4,433 per month

Principal & interest (30 yr)
$2,124
Property tax
$458
Insurance (estimated)
$315
Association fee
$1,536

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

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Nearby schools

  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.72 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.75 mi

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