Condo in 5 Island Ave 2F Miami Beach for sale with MLS# A12025234

Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces-perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe's, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.

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5 Island Ave 2F, Miami Beach, FL 33139

Price
Price:
$499,995.00
Original List Price:
$499,995.00
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
MLS Number:
A12025234
Description of Last Important Update:
New Listing
Last Major Update on:
May 27, 2026 12:50 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Measures
Living Area:
950 Sqft
Built-Up Area:
950 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Ocean Access
Swimming Pool Features:
Association
Security:
Smoke Detector(s), Door Man, Elevator Secured, Door Man
Appliances:
Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater
Exterior:
Security High Impact Doors
Windows:
Impact Glass, Impact glass, Impact Glass
Laundry:
Common Area
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Water Access Description:
Other
Construction
Year Built:
1967
Year Built Details:
Resale
Architectural Style:
High Rise, High Rise
Entry Level (floor):
5
Entry Level Location:
5
Construction Materials:
Block
Flooring:
Wood, Hardwood
Number of stories:
16
Taxes and Expenses
Tax Annual Amount:
$8,081.00
Tax Year:
2024
Association Fee:
$1,425.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
One Space
Community
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, Pest Control, Common Areas, Association Management, Insurance, Recreation Facilities, Amenities, Laundry, Pools
Complex Name:
Island Terrace condo
Senior Community:
No
Restrictions:
No Leasing During First Year of Ownership
Terms
Disclosures:
Flood Plain Disclosure
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
ISLAND TERRACE CONDO UNIT 2-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 14814-417 1290 4
Real Estate Folio Number (Parcel Number):
02-32-33-044-0090
Public Schools Assigned
Elementary School:
Pathways Elem
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
May 27, 2026 12:50 pm
Active on the market since:
May 27, 2026
Price change occurred on:
May 26, 2026 12:33 pm
Listing Status Last Changed On:
May 27, 2026 12:50 pm
Photos updated on:
May 27, 2026 5:26 pm
Last Modified:
May 29, 2026 4:04 pm
Additional Information
Unit View:
Water View
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Number of Times Leased per Year:
1
Flood Zone:
AE
Application Fee:
$100.00
Style:
Condo 5+ Stories
Municipal Code:
2
Subdivision Number:
44
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
Island Ave
Street Number:
5
Unit Number:
2F
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) 49 Good
☀️ O3 21 Good
🫁 PM2.5 49 Good

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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.