Condo in 5 Island Avenue 2F, Miami Beach, FL 33139 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 Avenue 2F, Miami Beach, FL 33139

Price
Price:
$489,000.00
Original List Price:
$499,995.00
List Price per Sq Ft (Calculated, Approx.):
$514.73
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:
July 2, 2026 5:04 pm
Other Special Conditions:
Flood Zone
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Measures
Living Area:
950 Sqft
Built-Up Area:
950 Sqft
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Ocean Access, Other
Security:
Smoke Detector(s), Lobby - Attended, Elevator Secure
Appliances:
Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Unit Description:
High Rise
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1967
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
16
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,081.00
Tax Year:
2024
Association Fee:
$1,425.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Bike Storage, Clubhouse, Laundry, Management, Maintenance, Fitness Center
Subdivision Name:
ISLAND TERRACE CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Pest Control, Common Areas, Insurance, Elevator, Pool Service, Recreation Facility
Senior Community:
No
Minimum Days per Lease:
365
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0232330440090
Public Schools Assigned
Elementary School:
Claude Pepper
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
May 27, 2026
Listing Agreement executed on:
May 27, 2026
Price change occurred on:
July 2, 2026 5:04 pm
Listing Status Last Changed On:
May 27, 2026 4:00 am
Photos updated on:
July 2, 2026 4:08 pm
Last Modified:
July 2, 2026 4:09 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Island
Street Number:
5
Unit Number:
2F
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 35 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.