Condo in 5 Island Ave 8B Miami Beach for sale with MLS# A11943735
Wonderful large 1bed/1.5bath at Island Terrace on Belle Isle - a great place to call home! Sunny and spacious with impact windows, stainless appliances, plenty of closets, extra storage unit and a nice size balcony for dining al fresco. Views to the north of the bay, plus downtown skyline views from the balcony. Fantastic South Beach location with a wonderful park in front of the building, the Standard Hotel and Spa across the street and a few blocks to all the shops and restaurants at Sunset Harbour and Lincoln Rd. Classis Morris Lapidus bldg offering 24 hour front desk service, a beautiful bay front pool with a separate lounging area, gym, kayak launch, bike storage, onsite management, assigned parking. Excellent opportunity! Chandelier and sconces excluded.
5 Island Ave 8B, Miami Beach, FL 33139
Price
- Price:
- $509,000.00
- Previous Asking Price:
- $525,000.00
- Original List Price:
- $525,000.00
- More Listings Same Building:
- Island Terrace in 5 Island Ave Miami Beach
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11943735
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 10, 2026 9:40 am
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 1
- Half Bath:
- 1
- Room Type:
- Laundry, Storage Room, Utility Room
Measures
- Living Area:
- 950 Sqft
- Built-Up Area:
- 950 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Intercoastal, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Intracoastal Access, Bay Front
- Swimming Pool Features:
- Heated
- Security:
- Door Man, Key Card Entry, Lobby Secured, Closed Circuit Camera(s), Fire Alarm, Door Man
- Appliances:
- Dishwasher, Microwave, Refrigerator, Electric Range, Ice Maker
- Interior:
- Bedroom On Main Level, Living Dining Room
- Exterior:
- Balcony, Security High Impact Doors
- Patio and Porch:
- Balcony, Open
- Windows:
- Blinds, Impact Glass, Sliding, Impact glass, Impact Glass
- Laundry:
- Common Area
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Building:
- Exterior Lighting
- Property Entrance Faces:
- North
- Water Access Description:
- None
- Storm Protection:
- Complete Impact Glass, Current Owner Wind Mitigation Certificate
Construction
- Year Built:
- 1967
- Year Built Details:
- Resale
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 8
- Entry Level Location:
- 8
- Construction Materials:
- Block
- Flooring:
- Wood, Hardwood
- Number of stories:
- 16
Taxes and Expenses
- Tax Annual Amount:
- $3,380.00
- Tax Year:
- 2025
- Association Fee:
- $1,446.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects Homestead Exemption
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Attached Garage
- Parking Features:
- One Space, Garage, Attached, Assigned
Community
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Bike Storage, Vehicle Wash Area, Trash, Clubhouse, Laundry, Storage, Elevator(s), Fitness Center
- Subdivision Name:
- BELLE ISLE
- Association Fee Includes:
- Maintenance Grounds, Water, Cable Tv, Pest Control, Maintenance Structure, Common Areas, Association Management, Insurance, Reserve Fund, Amenities, Laundry, Pools
- Complex Name:
- ISLAND TERRACE CONDO
- Senior Community:
- No
- Restrictions:
- No Leasing During First Year of Ownership, No Boats, No RVs, Renting Limited
Terms
- Disclosures:
- Special Assessment
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Owner
- Buyer Possession:
- Closing And Funding
Zoning and Legal
- Tax Legal Description:
- ISLAND TERRACE CONDO UNIT 8-B UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 11517-2232 0782 1 OR 21333-4502 06 2003 1 COC 25
- Real Estate Folio Number (Parcel Number):
- 02-32-33-044-0610
Public Schools Assigned
- Elementary School:
- Gulf Highland Elementary
- High School:
- Miami Beach
- Middle Or Junior School:
- Nautilus
Listing History
- Originally published on:
- January 13, 2026 10:12 am
- Active on the market since:
- January 13, 2026
- Price change occurred on:
- March 10, 2026 9:40 am
- Listing Status Last Changed On:
- January 13, 2026 10:12 am
- Photos updated on:
- January 13, 2026 3:31 pm
- Last Modified:
- March 11, 2026 7:32 pm
Additional Information
- Unit View:
- Bay, Intracoastal View
- Housing Older Persons Act:
- Unverified
- Unit Design:
- East Of Us1, High-Rise, Interior Hall
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 365
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $0.00
- Number of Times Leased per Year:
- 1
- Flood Zone:
- AE
- Application Fee:
- $100.00
- Rooms Description:
- Storage Room, Utility Room/Laundry
- Style:
- Condo 5+ Stories
- Municipal Code:
- 2
- Subdivision Number:
- 44
- Courtesy of:
- Brown Harris Stevens
- Attribution:
- Not provided
Location
- Street Name:
- Island Ave
- Street Number:
- 5
- Unit Number:
- 8B
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 26.1''
- Longitude:
- W81° 51' 1.6''
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$63,368
Median Home Value
$480,500
Median Rent
$1,745/mo
Median Age
42
Population
34,406
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
55
Moderate
☀️ O3
45
Good
🫁 PM2.5
55
Moderate
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