5 Island Avenue LF, Miami Beach, FL 33139

New Listing

$449,000

Living area featuring light-toned wood-finish flooring, vertical wood slat accent wall, multi-arm wall-mounted lighting fixture, recessed ceiling lighting, and floor-to-ceiling glass sliding doors

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12115533

Aerial perspective featuring a waterfront high-rise location with direct proximity to coastal shorelines and surrounding urban marina infrastructure

Open-concept space featuring wood-finish flooring, white cabinetry, quartz countertops, stainless steel appliances, and a vertical wood-slat accent wall

Covered private balcony featuring patterned tile flooring and solid privacy walls with integrated greenery

Vertical wood-slat accent wall, recessed lighting, multi-arm statement chandelier, white cabinetry, and wood-finish flooring

Neutral-toned walls, recessed lighting, wood-finish flooring, and large windows with integrated roller shades

White wall-mounted vanity with a rectangular sink, brushed nickel faucet, full-width mirror, and walk-in shower featuring stone-patterned tile walls with a built-in recessed niche

Walk-in shower featuring floor-to-ceiling stone-look tile, a frameless glass enclosure, a built-in recessed wall niche, and an adjustable handheld showerhead

Swimming pool featuring stone coping, metal handrails, a stone-surfaced deck, and a perimeter balustrade

Waterfront terrace featuring a concrete balustrade, mature palm trees, and panoramic skyline scenery

Outdoor terrace featuring a concrete deck, built-in masonry seating, swimming pool, and structural metal fencing

Grand lobby featuring floor-to-ceiling windows, custom wood-paneled walls, polished tile flooring, a multi-pendant lighting installation, and a wall-to-wall mirrored accent

Aerial perspective of a high-rise residential building situated on a waterfront peninsula, featuring direct proximity to oceanic waterways and expansive coastal surroundings

Aerial perspective showcasing proximity to urban skyline, waterfront access, and expansive green space

Aerial perspective of an island property featuring waterfront positioning, panoramic nautical surroundings, and proximity to major urban metropolitan centers

Living area featuring wood-finish flooring, recessed lighting, a minimalist wall-mounted ledge, and sliding glass doors with exterior access

Floor-to-ceiling glass sliding doors opening to an exterior balcony, recessed lighting, and a minimalist wall-mounted display shelf

Living area featuring wood-finish flooring and floor-to-ceiling sliding glass doors opening to a private balcony

Covered balcony featuring patterned floor tile, white privacy panels, and built-in greenery

Private balcony featuring patterned tile flooring and integrated white metal planters

Wood-slat accent wall featuring an adjustable multi-arm pendant light, white cabinetry, solid-surface breakfast bar, and wood-finish flooring

Kitchen featuring white flat-panel cabinetry, stone countertops, stainless steel appliances, and wood-finish flooring

Kitchen featuring white cabinetry with brushed metal pulls, solid-surface countertops, stainless steel appliances, a chimney-style range hood, and recessed lighting

White cabinetry with brushed metal hardware, stone-surface countertop, and stainless steel side-by-side refrigerator

Interior space featuring neutral wall paint, recessed lighting, multi-pane window with a neutral roller shade, and light-toned flooring

Room featuring wood-finish flooring, recessed ceiling lighting, and a dual-pane window with a grey roller shade

Floating wood-finish nightstand with integrated headboard

Bedroom featuring recessed lighting, wood-finish flooring, and a wall-mounted rectangular mirror

Floating white vanity with integrated basin, stone-finish tile shower walls, built-in recessed shower niche, wood-finish flooring, and recessed ceiling lighting

Guest Bathroom - Wall-mounted rectangular mirror with a black frame, single-basin vanity with a white countertop, polished chrome faucet, and standard-height toilet

Island Terrace monument sign featuring metallic lettering, stone-finished masonry, and mature tropical landscaping

High-rise residential exterior featuring stacked private balconies, a covered porte-cochère entry, and landscaped grounds with mature trees

Covered porte-cochère entrance featuring stone-paver driveway, recessed lighting, and manicured landscaping

Covered building entrance featuring a polished tile floor, structural column, glass-paned double doors, multi-level stairs, and a paved ramp with handrails

Expansive lobby featuring polished stone flooring, dark wood trim detailing, decorative column molding, integrated wall sconces, and floor-to-ceiling windows

Grand lobby featuring double-height ceilings, floor-to-ceiling windows, custom wood-paneled pillars, polished stone flooring, and tiered pendant lighting

Spacious fitness center featuring rubberized flooring, ceiling-mounted light fixtures, and decorative wood crown molding with full-height wall mirrors

Fitness center featuring rubberized flooring, floor-to-ceiling mirrors, crown molding, and large windows

Interior corridor featuring drop ceiling with recessed lighting, paneled interior doors, wainscoting, and patterned wall-to-wall carpeting

Elevated terrace featuring a rectangular swimming pool with metal handrails, a concrete deck, and perimeter greenery

Outdoor terrace featuring a concrete floor, integrated concrete planter, and custom balustrade railing

High-rise building exterior featuring private balconies and an integrated ground-level swimming pool with a paved deck

Aerial perspective of waterfront property located on a peninsula, featuring deep-water access, multi-story structural configuration, and surrounding marine scenery

High-rise residential building featuring expansive floor-to-ceiling windows and private balconies, situated in a waterfront location with immediate proximity to parklands and green space

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

Current Price: $449,000 List Date: 11/05/2026 Last Modified: 11/06/2026

Overview

Description

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed SunsetHarbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed byrenowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combinesconvenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, theapartment features generous living spaces, large volumes and a functional layout. The primary suite includes anensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoorlifestyle with your morning coffee just steps from the bay front. The building offers a waterfront pool with infinityviews 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 ... (Read more)

Listing Details MLS# A12115533

General Property Information

Unit Floor #: Yes
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: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 16

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Maintenance Grounds; Pest Control; Pool Service; Reserve Funds; Sewer; Trash; Water Flooring: Tile; Vinyl Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned Property Condition: Resale; Updated/Remodeled Appliances: Dishwasher; Electric Range; Oven; Refrigerator Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bar; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Lease Restrictions; See Remarks Security Features: Closed Circuit Camera(s); Lobby - Attended; Security System Special Information: Sold As-Is View: Other Water Access: None Waterfront Features: Bayfront Window Features: Sliding Showing Requirements: 24 Hour Notice; Call Listing Agent; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 449000
Occupant Type: Owner

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: LF
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 1364
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: No
Parcel Number: 0232330440030
Subdivision Number: 44
Flood Zone: AE
Directions: Island Terrace at 5 Island Avenue - across from the Standard Hotel & Spa.

Financial Information

Association YN: Yes
Association Fee: 1425
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1425
Membership Fee Required YN: No
Tax Annual Amount: 6309
Tax Year: 2025
Tax Legal Description: ISLAND TERRACE CONDO UNIT L-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 16065-0315 0993 1

Status Change Information

Major Change Timestamp: 2026-11-05T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-05

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: 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: 472.63

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 569160389
Originating System ID: M00000151

Listing Office: One Sotheby's International Realty

Last Updated: November - 06 - 2026

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5 Island Avenue LF, Miami Beach, FL 33139 (MLS# A12115533)