5 Island Ave 8B Miami Beach, FL $ 509,000
5 Island Ave 8B
$ 509,000
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5 Island Ave 8B

Miami Beach, FL, 33139
$ 509,000
Bedrooms1 Baths1.1 Sq 950

Monthly Estimate*

$ 3,134

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Condo for sale in Miami Beach, FL

for $509,000 with 1 bedroom and 1 full bath, 1 half bath. This 950 square foot condo was built in 1967.

Wonderful large 1bed/1.5bath at Island Terrace on Belle Isle – a great place to call home! Sunny and spacious with impact windows, stainless appliances, plenty of closets, extra storage unit and a nice size balcony for dining al fresco. Views to the north of the bay, plus downtown skyline views from the balcony.  Fantastic South Beach location with a wonderful park in front of the building, the Standard Hotel and Spa across the street and a few blocks to all the shops and restaurants at Sunset Harbour and Lincoln Rd. Classis Morris Lapidus bldg offering 24 hour front desk service, a beautiful bay front pool with a separate lounging area, gym, kayak launch, bike storage, onsite management, assigned parking. Excellent opportunity! Chandelier and sconces excluded.

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Condo Active

Price

$ 509,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,380

Style

Year Built

1967

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11943735

Features
General
Heating Electric
Cooling Electric
Possession Closing & Funding
Appliances Dishwasher Electric Range Ice Maker Microwave Refrigerator
HOA Fee 1446
Garage Spaces 1
Association Fee Includes Association Management Amenities Common Areas Cable TV Insurance Laundry Maintenance Grounds Maintenance Structure Pest Control Pool(s) Reserve Fund Water
Patio/Porch Features Balcony Open
Architectural Style High Rise
Pool Features Heated
Security Features Closed Circuit Camera(s) Door Man Fire Alarm Key Card Entry Lobby Secured
Restrictions No Lease 1st Year Owned No Boats No RV Renting Limited
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1967
View Bay Intercoastal
Unit Number 8B
Property Subtype Condominium
Tax Year 2025
Waterfront Features Bayfront Intracoastal Access
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Bike Storage Clubhouse Fitness Center Laundry Pool Storage Trash Vehicle Wash Area Elevator(s)
Attached Garage true
Subdivision Name BELLE ISLE
Facing Direction North
Garage Y/N true
Building Features Exterior Lighting
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
High School Miami Beach
City Miami Beach
Disclosures Special Assessment
Entry Location 8
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 3380
Middle/Junior High School Nautilus
Lease Considered Y/N false
Virtual Tour https://tours.swift-pix.com/K3gZ2tGp
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Condominium
Legal Description ISLAND TERRACE CONDO UNIT 8-B UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 11517-2232 0782 1 OR 21333-4502 06 2003 1 COC 25
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Interior
Interior Amenities Bedroom on Main Level Living/Dining Room
Flooring Hardwood Wood
Total Stories 16
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Sliding Impact Glass
Half Baths 1
Laundry Features Common Area
Total Bedrooms 1
Entry Level 8
Total Baths 2
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Exterior
Exterior Amenities Balcony Security/High Impact Doors
Parking Features Assigned Attached Garage One Space
Building Area Total 950
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Brown Harris Stevens

Broker

LisaV@bhsusa.com

Email

Affordability Calculator

$3,416
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,134
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/10/2026$509,000 -3.05% Price Down
1/13/2026$525,000 Listed Price

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5 Island Ave 8B, Miami Beach, FL, 33139 is a Condo for sale at $509,000 with 950 sqft. 5 Island Ave 8B has 1 bedrooms, 1.1 baths, and was built in 1967. The property's zip code is 33139 which is in Miami Beach, FL