1-Bed Condominium at ISLAND TERRACE CONDO in Miami Beach

$475,000

Brickellsold Estimate* (fallback: list price)$475,000 (list price)

Listing courtesy of Douglas Elliman; Barbara Estela. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedroom

1

bathroom

1

Square Footage

950

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$500/sqft
Built In
1967
Association Fee
$1,425/mo HOA
Taxes
$8,081/yr

Description

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.

This condominium home located at 5 Island Ave # 2F, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 83 days. This property is listed at $475K. It has 1 beds, 1 bathrooms, and is 950 square feet. It was built in 1967. 5 Island Ave # 2F, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Bedrooms
1
Bathrooms
2
Bathrooms Full
1
Features
  • Flooring: Wood
  • Common walls with other units/homes: High Rise
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
Total structure area
950
Total interior livable area
950 sqft

Property

Parking
  • Covered Spaces: 1
  • Parking Features: 1 Space
  • Garage Spaces: 1
Parcel Number
02-32-33-044-0090
Features
  • Entry location: No Interior Features
  • Exterior Features:
  • Has View: Yes
  • View Description: Water View

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
CBS Construction
Condition
  • Year Built: 1967

Community & HOA

Community
  • Security Features: Smoke Detector, Doorman, Elevator Secure
  • Subdivision: ISLAND TERRACE CONDO
HOA
  • Has HOA: Yes
  • Amenities: Bike Storage, Clubhouse-Clubroom, Laundry, Exercise Room, Pool
  • HOA Fees: $1,425/mo
Region
Miami Beach

Financial

Price Per Sqft
$500/sqft
Taxes
$8,081/yr
Association Fee
$1,425/mo
On Market Date
5/26/2026
Listing Terms
All Cash, Conventional

Metadata

Added
5/27/2026
Updated
8/18/2026
MLS#
A12025234
Days on Market
83
Listed By
Douglas Elliman
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Miami Beach Adult & Community Education Center 0.0 mi • K-12
  • Miami Beach Fienberg/Fisher K-8 Center 0.0 mi • K-12
  • Miami Beach Senior High 0.0 mi • K-12
  • Miami Beach South Pointe Elementary 0.0 mi • K-12
  • Miami Beach Nautilus Middle 0.0 mi • K-12
  • North Beach Elementary 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$499,995May 27, 2026
Price change$489,000Aug 18, 2026
Current list price$475,000Aug 18, 2026

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