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For SaleCondominiumActive

5 Island Ave Lf

Miami Beach, FL 33139

$449,000

7 Days On Site

  • 1Bed
  • 2Baths1 full, 1 half
  • 950Sq Ft
  • $473Per Sq Ft
  • 1967Built
Subdivision
Island Terrace Condo
County
Miami-Dade
MLS®
A12115533

Overview

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, the apartment features generous living spaces, large volumes and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bay front. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service and onsite management. Pet-friendly. A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops & restaurants,and Lincoln Road! Includes 1 assigned parking space and hurricane-impact windows. An ideal primary residence or second home combining location, comfort and lifestyle.

Listing Snapshot

Price
$449,000
Days On Site
7 Days
Bedrooms
1
Inside Area (SqFt)
950 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
N/A
Year Built
1967
MLS® Number
A12115533
Status
Active
Property Tax
$6,309 (2025)
HOA/Condo/Coop Fees
$1,425 monthly
Sq Ft Source
N/A

Property Details

General Features

9 items
Garage
Yes
Garage Spaces
1
Number Of Stories
16
Parking
Assigned
Pets
Yes
Property Condition
Updated/Remodeled
Property Sub Type
Condominium
Security
Closed Circuit Camera(s)
SqFt Total
950

Interior Features

6 items
Appliances
Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
Cooling
Central Air
Flooring
Tile, Vinyl
Heating
Central
Interior
Bar, Walk-In Closet(s), Master Downstairs
Laundry Features
Common Area

Exterior Features

7 items
Construction Details
Block, Concrete
Exterior
Balcony
Lot Features
Waterfront
Pool Features
Association
View
Other
Waterfront
Yes
Waterview
Other

Community Features

6 items
Association Amenities
Clubhouse, Fitness Center, Laundry, Pool, Elevator(s), Management
Association Fee
$1425.0
Association Fee Frequency
Monthly
MLS Area
32
Financing Terms Available
Cash, Conventional
Building Access
1

Location

5 Island Ave Lf, Miami Beach, FL 33139 · 32

Neighborhood & Commute

ZIP Code 33139

Median household income
$66,560
Income per person
$61,354
Households
22,066
Average household size
1.74
Median age
44.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
North Beach
Middle School
Nautilus
High School
Miami Beach

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Listing first seen on site
  4. Price changed to $449,000

Friends & Family

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Listing courtesy of One Sotheby's International Realty (305) 561-8636

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-13 05:56 AM EST

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