Condominium
5 Island Ave # 5A
5 Island Ave # 5A, Miami Beach FL 33139 Get directions
$459,000
1 Bed · 1 Bath · 950 SqFt
See estimated monthly costThis listing is courtesy of The Source Real Estate. Melissa Gibbings
Overview
Experience the best of Miami Beach living at 5 Island Ave, Unit 5A! This charming 1-bedroom, 1.5-bathroom residence offers a fun, relaxed beach vibe in one of the most desirable locations on Belle Isle. Ideally situated in the heart of Miami Beach, just steps from The Standard and minutes from Sunset Harbour, popular restaurants, shops, and everything the beach lifestyle has to offer. The unit features brand-new impact windows and doors, providing added peace of mind and protection. Enjoy the added convenience of a dedicated, assigned parking space.The building is undergoing hallway upgrades, with the current special assessment scheduled to be completed in June 2027. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this is a wonderful chance to enjoy the laid-back, funky beach lifestyle that makes Miami Beach so special!
Facts & features
Interior
- Living area (sq ft)
- 950
- Full bathrooms
- 1
- Half bathrooms
- 1
- Elevator
- Family Room
- Florida Room
Building & exterior
- Year built
- 1967
- Waterfront
- Yes
- Other View
- Water View
- None
- Open Balcony
- 1 Space
- Limited # Of Vehicle
HOA (homeowners association)
- Association fee
- $1,536 per month
- Pets allowed
- Yes
- Laundry
- Elevator(s)
- No Restrictions
Taxes
- Annual tax
- $0
- Tax year
- 2025
- Parcel number
- 02-32-33-044-0300
Assigned schools
- Elementary
- North Beach
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12117897
- Property type
- Condominium
- Price per SqFt
- $483
- Subdivision
- ISLAND TERRACE CONDO
- On market since
- Nov 4, 2026
- Days on market
- 1
Estimated monthly cost
$4,201 per month
- Principal & interest (30 yr)
- $2,321
- Property tax
- $0
- Insurance (estimated)
- $344
- 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
Nearby schools
- Lincoln-Marti Community Agency 41
- Lubavitch Educational Center - Yeshiva Gedolah
Similar homes nearby
Active listings within two miles, with a comparable size and price.
5 Island Ave # LE, Miami Beach FL 33139
$1,446/mo HOA
Brown Harris Stevens
5 Island Ave # LF, Miami Beach FL 33139
$1,425/mo HOA
One Sotheby's International Realty
5 Island Ave # 12B, Miami Beach FL 33139
$1,471/mo HOA
Beycome of Florida LLC
5 Island Ave # 6A, Miami Beach FL 33139
$1,425/mo HOA
Price cut: $5,000 (−1.2%)
Coldwell Banker Realty
5 Island Ave # 2F, Miami Beach FL 33139
$1,425/mo HOA
Price cut: $17,000 (−3.6%)
Douglas Elliman
3 Island Ave # 14A, Miami Beach FL 33139
$884/mo HOA
3D Tour
Silverleaf Realty Group
3 Island Ave # 14L, Miami Beach FL 33139
$0/mo HOA
Compass Florida, LLC
3 Island Ave # 09L, Miami Beach FL 33139
$0/mo HOA
Price cut: $16,000 (−3.4%)
Coldwell Banker Realty
Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.