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5 Island Ave Unit LF, Miami Beach, Florida 33139

Active For Sale
$464,000
  • Beds 1
  • Baths 2
  • Sq Ft 950 Sqft
  • Visits: 2 in 1 days

Description

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.rnFilled 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.rnEnjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. 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.rnA 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 and restaurants, and Lincoln Road!rnIncludes 1 assigned parking space and hurricane-impact windows.rnAn ideal second home or primary residence combining location, comfort, and lifestyle.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Lobby Secured, Door Man, Closed Circuit Camera(s)
  • Patio: Balcony, Open
  • Parking: One Space, Assigned

Appliances

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: ISLAND TERRACE CONDO
  • Zipcode: 33139
  • Street: Island Ave
  • Street Number: 5
  • Floor Number: 0
  • Longitude: W81° 51' 52.9''
  • Latitude: N25° 47' 34.5''
  • UnitNumber: LF
  • Directions: Island Terrace at 5 Island Avenue - across from the Standard Hotel & Spa.
  • MLS Area: 32

MLS Addon

  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Bike Storage
  • Association Fee: $1,425
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Maintenance Structure, Common Areas, Pool(s), Sewer, Maintenance Grounds, Trash, Water, Association Management, Laundry, Pest Control, Reserve Fund, Cable TV
  • Close Price: $0
  • Elementary School: North Beach
  • Exterior Features: Balcony, Security/High Impact Doors
  • Flooring: Tile, Vinyl
  • Garage Spaces: 1
  • High School: Miami Beach
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Walk-In Closet(s), Main Level Primary, Bar
  • Laundry Features: Common Area
  • Listing Terms: Cash, Conventional
  • Middle Or Junior School: Nautilus
  • New Taxes Expense: $0
  • Stories Total: 16
  • Tax Annual Amount: $6,309
  • Tax Year: 2025
  • Water Front Features: Bayfront
  • Window Features: Impact Glass, Sliding

Location

Listing Updated: 2026-04-17 23:11:18

  • Parent : 5::Island Ave:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11994765
  • Price : $464,000
  • View : Other
  • Bedrooms : 1
  • Bathrooms : 2
  • Full Bathrooms : 1
  • Half Bathrooms : 1
  • Square Footage : 950 Sqft
  • Year Built : 1967
  • Lot Area : 0 Acre
  • Listing Status : Active
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