Condo in 5 Island Avenue LF, Miami Beach, FL 33139 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 Avenue LF, Miami Beach, FL 33139
- Price:
- $464,000.00
- Original List Price:
- $464,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $488.42
- More Listings Same Building:
- Island Terrace in 5 Island Ave Miami Beach
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Back On Market
- Last Major Update on:
- August 19, 2026 5:15 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 1
- Half Bath:
- 1
- Master Bedroom Bath:
- Separate Shower, Master Bdrm - Ground, Bedroom On Entry Level
- Living Area:
- 950 Sqft
- Built-Up Area:
- 950 Sqft
- View from the Property:
- Other
- Waterfront:
- Yes
- Waterfront Features:
- None, Bayfront
- Security:
- Security System, Closed Circuit Camera(s), Lobby - Attended
- Appliances:
- Dishwasher, Refrigerator, Electric Range, Oven
- Interior:
- Walk-In Closet(s), Bar
- Exterior:
- Balcony
- Windows:
- Sliding
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Balcony Details:
- Balcony - Open
- Year Built:
- 1967
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile, Vinyl
- Number of stories:
- 16
- Flood Zone Code:
- AE
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $6,309.00
- Tax Year:
- 2025
- Association Fee:
- $1,425.00
- Association Fee Frequency:
- Monthly
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Assigned
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Community Room, Bike Storage, Laundry, Management, Maintenance, Elevator(s), Fitness Center
- Subdivision Name:
- ISLAND TERRACE CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Common Areas, Elevator, Reserve Funds, Pool Service
- Senior Community:
- Yes
- Restrictions:
- Lease Restrictions, See Remarks
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease With Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional
- 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):
- 0232330440030
- Elementary School:
- Biscayne Beach
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
- Active on the market since:
- August 19, 2026
- Listing Agreement executed on:
- April 17, 2026
- Listing Status Last Changed On:
- August 19, 2026 5:15 am
- Photos updated on:
- August 19, 2026 4:19 am
- Last Modified:
- August 19, 2026 4:19 am
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- Floor Number:
- 1
- Street Name:
- Island
- Street Number:
- 5
- Unit Number:
- LF
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 26''
- Longitude:
- W81° 51' 1.8''
- Street Suffix:
- Avenue

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