5 Island Ave 2F Miami Beach, FL $ 489,000
5 Island Ave 2F
$ 489,000
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5 Island Ave 2F

Miami Beach, FL, 33139
$ 489,000
Bedrooms1 Baths1.1 Sq 950

Monthly Estimate*

$ 3,088

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Condo for sale in Miami Beach, FL

for $489,000 with 1 bedroom and 1 full bath, 1 half bath. This 950 square foot condo was built in 1967.

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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Condo Active

Price

$ 489,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 8,081

Style

Year Built

1967

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12025234

Features
General
Heating Central Electric
Cooling Central Air Electric
Possession Closing & Funding
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
HOA Fee 1425
Garage Spaces 1
Association Fee Includes Association Management Amenities Common Areas Insurance Laundry Maintenance Grounds Pest Control Pool(s) Recreation Facilities Sewer Trash Water
Architectural Style High Rise
Pool Features Association
Security Features Door Man Elevator Secured Smoke Detector(s)
Restrictions No Lease 1st Year Owned
Construction Materials Block
Pets Allowed No
Year Built 1967
View Water
Unit Number 2F
Property Subtype Condominium
Tax Year 2024
Waterfront Features Ocean Access
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Bike Storage Clubhouse Fitness Center Laundry Pool Elevator(s)
Subdivision Name ISLAND TERRACE CONDO
Garage Y/N true
Total Rooms 0
Full Baths 1
Status Active
High School Miami Beach
City Miami Beach
Disclosures Flood Plain Disclosure
Entry Location 5
Senior Community Y/N false
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional
Elementary School North Beach
Property Attached Y/N true
Year Built Details Resale
Tax Annual Amount 8081
Middle/Junior High School Nautilus
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12025234
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
Legal Description ISLAND TERRACE CONDO UNIT 2-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 14814-417 1290 4
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Interior
Flooring Hardwood Wood
Total Stories 16
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 1
Laundry Features Common Area
Total Bedrooms 1
Entry Level 5
Total Baths 2
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Exterior
Exterior Amenities Security/High Impact Doors
Parking Features One Space
Building Area Total 950
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Douglas Elliman

Broker

barbaraestelabroker@gmail.com

Email

Affordability Calculator

$3,761
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$673
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4575598 Elementary School
4205765 Middle School
Miami Beach High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$489,000 -2.20% Price Down
5/27/2026$499,995 Listed Price

Map


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5 Island Ave 2F, Miami Beach, FL, 33139 is a Condo for sale at $489,000 with 950 sqft. 5 Island Ave 2F has 1 bedrooms, 1.1 baths, and was built in 1967. The property's zip code is 33139 which is in Miami Beach, FL