Condo in 5 Island Avenue 5A, Miami Beach, FL 33139 for sale with MLS# A12007416

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.

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Days on the market

5 Island Avenue 5A, Miami Beach, FL 33139

Price
Price:
$420,000.00
Original List Price:
$479,000.00
List Price per Sq Ft (Calculated, Approx.):
$442.1
More Listings Same Building:
Island Terrace in 5 Island Ave Miami Beach
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 2, 2026 10:49 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Master Bedroom Bath:
Separate Tub
Dining Area:
Eat-in Kitchen, Dining/Living Room
Measures
Living Area:
950 Sqft
Built-Up Area:
950 Sqft
Property Features
View from the Property:
Other, Intracoastal
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Security:
Security System, Lobby - Attended
Furnished:
Unfurnished
Appliances:
Refrigerator, Electric Range
Interior:
Walk-In Closet(s)
Exterior:
Balcony, Lighting
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1967
Levels:
Two
Construction Materials:
Block
Flooring:
Carpet, Tile
Number of stories:
16
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,500.00
Tax Year:
2025
Association Fee:
$1,536.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
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, Laundry, Management, Maintenance, Storage, Elevator(s), Fitness Center
Subdivision Name:
ISLAND TERRACE CONDO
Association Fee Includes:
Maintenance Grounds, Trash, Maintenance Structure, Common Areas, Insurance, Elevator, Pool Service, Recreation Facility
Senior Community:
No
Restrictions:
Lease Restrictions
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Conventional, Fha-va Approved
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
ISLAND TERRACE CONDO UNIT 5-A UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 11486-2016 0782 1
Real Estate Folio Number (Parcel Number):
0232330440300
Public Schools Assigned
Elementary School:
Jensen Beach
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
April 24, 2026
Listing Agreement executed on:
April 24, 2026
Price change occurred on:
August 2, 2026 10:49 pm
Listing Status Last Changed On:
April 24, 2026 4:00 am
Photos updated on:
August 2, 2026 9:51 pm
Last Modified:
August 2, 2026 9:51 pm
Additional Information
Courtesy of:
Person to Person Realty Inc
Attribution:
Not provided
Location
Floor Number:
4
Street Name:
Island
Street Number:
5
Unit Number:
5A
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 26''
Longitude:
W81° 51' 1.8''
Street Suffix:
Avenue
Property Map

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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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.