5 Island Avenue 15A, Miami Beach, FL 33139

New Listing

$475,000

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 950 Status: Active

Current Price: $475,000 List Date: 8/06/2026 Last Modified: 8/06/2026

Overview

Description

Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.

Listing Details MLS# A12066186

General Property Information

Unit Floor #: 15
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 950
Living Area Main: 950
Adjusted Area Main: 950
Year Built: 1967
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Stories Total: 16

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Cable TV; Common Areas; Elevator; Internet; Maintenance Grounds; Pest Control; Pool Service; Roof Repairs; Security; Trash; Water Exterior Features: Awning(s) Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Appliances: Dishwasher; Disposal; Microwave Construction Materials: Block; Brick; CBS Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Built-in Features; Closet Cabinetry; Custom Mirrors; Elevator; Kitchen Island Listing Terms: Cash; Conventional Pets Allowed YN: No Pets Allowed: No Restrictions Possession: Negotiable Restrictions: Other Restrictions Security Features: Elevator Secure; Key Card Entry; Lobby - Attended Special Information: Sold As-Is Tax Information: Agricultural Exemption; City/County Unit Description: Interior Hallway View: Water Water View: Bay Showing Requirements: 24 Hour Notice

Contract Information

Comp Sale YN: No
Original List Price: 475000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5
Street Name: Island
Street Suffix: Avenue
Unit Number: 15A
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 1321
Postal Zip: 33139
Subdivision Name: ISLAND TERRACE CONDO
Area: 2320
Elementary School: North Beach
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: Yes
Parcel Number: 0232330441200
Subdivision Number: 44
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 1536
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1536
Membership Fee Required YN: No
Tax Annual Amount: 9564
Tax Year: 2025
Tax Legal Description: ISLAND TERRACE CONDO UNIT 15-A UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 10235-821 1178 1 COC 26387-4857 05 2008 1

Status Change Information

Major Change Timestamp: 2026-08-06T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-06

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 500

Section Details

Parcel Number MLX: 1200

Originating Details

Originating System Key: 540735322
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Bike Storage: Yes
Elevator(s): Yes
Laundry: Yes
Lobby: Yes
Parking: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Internet: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Pool Service: Yes
Roof Repairs: Yes
Security: Yes
Trash: Yes
Water: Yes

Exterior Features

Awning(s): Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

View

Water: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Interior Hallway: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes

Construction Materials

Block: Yes
Brick: Yes
CBS: Yes

Interior Features

Built-in Features: Yes
Closet Cabinetry: Yes
Custom Mirrors: Yes
Elevator: Yes
Kitchen Island: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Elevator Secure: Yes
Key Card Entry: Yes
Lobby - Attended: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Separate Shower: Yes

Pets Allowed YN

No: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

Other Restrictions: Yes

Tax Information

Agricultural Exemption: Yes
City/County: Yes

Listing Office: Compass Florida, LLC

Last Updated: August - 06 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

5 Island Avenue 15A, Miami Beach, FL 33139 (MLS# A12066186)