Condo in 5 Island Avenue 5A, Miami Beach, FL 33139 for sale with MLS# A12117897

Experience the best of Miami Beach living at 5 Island Ave, Unit 5A! This charming 1-bedroom, 1.5-bathroom residence offers a fun, relaxed beach vibe in one of the most desirable locations on Belle Isle. Ideally situated in the heart of Miami Beach, just steps from The Standard and minutes from Sunset Harbour, popular restaurants, shops, and everything the beach lifestyle has to offer.The unit features brand-new impact windows and doors, providing added peace of mind and protection. Enjoy the added convenience of a dedicated, assigned parking space.The building is undergoing hallway upgrades, with the current special assessment scheduled to be completed in June 2027. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this is a wonderful chance to enjoy the laid-back, funky beach lifestyle that makes Miami Beach so special!

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5 Island Avenue 5A, Miami Beach, FL 33139

Price
Price:
$459,000.00
Original List Price:
$459,000.00
List Price per Sq Ft (Calculated, Approx.):
$483.15
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:
New Listing
Last Major Update on:
November 4, 2026 5:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Room Type:
Florida Room, Family Room
Master Bedroom Bath:
Bedroom On Entry Level
Dining Area:
Dining/Living Room, Breakfast Area
Measures
Living Area:
950 Sqft
Built-Up Area:
950 Sqft
Property Features
View from the Property:
Water, Other
Waterfront:
Yes
Security:
Smoke Detector(s), Key Card Entry, Lobby - Attended, Elevator Secure
Appliances:
Microwave, Electric Range
Interior:
Elevator
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1967
Levels:
Two
Construction Materials:
Block
Flooring:
Carpet, Other
Number of stories:
16
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Year:
2025
Association Fee:
$1,536.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Laundry, Elevator(s), Parking
Subdivision Name:
ISLAND TERRACE CONDO
Association Fee Includes:
Cable Tv, Security, Maintenance Structure, Common Areas, Insurance, Hot Water, Elevator, Pool Service
Senior Community:
Yes
Restrictions:
No Restrictions, Limited # Vehicles
Minimum Days per Lease:
365
Terms
Listing Terms Considered by Seller:
Cash, Conventional, VA Loan
Buyer Possession:
Close Of Escrow
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
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
November 3, 2026
Listing Agreement executed on:
November 4, 2026
Listing Status Last Changed On:
November 4, 2026 5:00 am
Photos updated on:
November 4, 2026 9:25 pm
Last Modified:
November 8, 2026 7:53 am
Additional Information
Courtesy of:
The Source Real Estate
Attribution:
Not provided
Location
Floor Number:
5
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
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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.