Condo in 5 Island Ave LF Miami Beach for sale with MLS# A11994765
Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, the apartment features generous living spaces, large volumes, and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service, and onsite management. Pet-friendly. A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe's, Fresh Market, Publix, Whole Foods, Sunset Harbour shops and restaurants, and Lincoln Road! Includes 1 assigned parking space and hurricane-impact windows. An ideal second home or primary residence combining location, comfort, and lifestyle.
5 Island Ave LF, Miami Beach, FL 33139
- Price:
- $464,000.00
- Original List Price:
- $464,000.00
- More Listings Same Building:
- Island Terrace in 5 Island Ave Miami Beach
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11994765
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 17, 2026 4:49 pm
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 1
- Half Bath:
- 1
- Living Area:
- 950 Sqft
- Built-Up Area:
- 950 Sqft
- Lot Size Unit:
- Square Feet
- View from the Property:
- Other
- Waterfront:
- Yes
- Waterfront Features:
- Bay Front
- Swimming Pool Features:
- Association
- Security:
- Door Man, Lobby Secured, Closed Circuit Camera(s), Door Man
- Appliances:
- Dishwasher, Refrigerator, Self Cleaning Oven, Electric Range
- Interior:
- First Floor Entry, Walk-In Closet(s), Bedroom On Main Level, Bar, Main Level Primary
- Exterior:
- Balcony, Security High Impact Doors
- Patio and Porch:
- Balcony, Open
- Windows:
- Impact Glass, Sliding, Impact glass, Impact Glass
- Laundry:
- Common Area
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Water Access Description:
- None
- Storm Protection:
- Impact-Resistant Doors
- Year Built:
- 1967
- Year Built Details:
- Resale
- Entry Level (floor):
- 1
- Entry Level Location:
- 1
- Construction Materials:
- Block
- Flooring:
- Tile, Vinyl
- Number of stories:
- 16
- Property Condition:
- Updated/remodeled
- Tax Annual Amount:
- $6,309.00
- Tax Year:
- 2025
- Association Fee:
- $1,425.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects No Homestead Exemption
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space, Assigned
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Bike Storage, Clubhouse, Laundry, Elevator(s), Fitness Center
- Subdivision Name:
- ISLAND TERRACE CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Maintenance Structure, Common Areas, Association Management, Reserve Fund, Amenities, Laundry, Pools
- Complex Name:
- ISLAND TERRACE CONDO
- Senior Community:
- No
- Restrictions:
- Renting Limited, See Remarks
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Owner
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ISLAND TERRACE CONDO UNIT L-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 16065-0315 0993 1
- Real Estate Folio Number (Parcel Number):
- 02-32-33-044-0030
- Elementary School:
- North Beach
- High School:
- Miami Beach
- Middle Or Junior School:
- Nautilus
- Originally published on:
- April 17, 2026 4:49 pm
- Active on the market since:
- April 17, 2026
- Price change occurred on:
- April 3, 2026 5:08 pm
- Listing Status Last Changed On:
- April 17, 2026 4:49 pm
- Photos updated on:
- April 17, 2026 9:10 pm
- Last Modified:
- April 18, 2026 12:01 am
- Unit View:
- Other View
- Housing Older Persons Act:
- Unverified
- Unit Design:
- Substantially Remodeled
- 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:
- $150.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 2
- Subdivision Number:
- 44
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- Street Name:
- Island Ave
- Street Number:
- 5
- Unit Number:
- LF
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 26.1''
- Longitude:
- W81° 51' 1.6''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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