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For sale
    • Price cut: $23K (4/27)
    $485,000

    5 Island Ave APT 15A, Miami Beach, FL 33139

    1beds
    950sqft
    : 
    $4,850/mo
    Get pre-qualified
    Condominium
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $511/sqft
    $1,536/mo HOA

    What's special

    Bayfront poolAbundant natural lightStunning unobstructed bay viewsTop-of-the-line appliancesImpact windowsAmple closet spaceLarge balcony
    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.
    202 days
    |
    118
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Judith Hansen 305-608-8750,

    Compass Florida, LLC,

    Pavel Gonzalez 786-326-5372,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11937837MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave
      • Laundry: Common Area
      Features
      • Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Kitchen Island, Custom Mirrors, Elevator
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 950
      • Total interior livable area: 950 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space
      • Garage spaces: 1
      Features
      • Patio & porch: Awning(s)
      • Has view: Yes
      • View description: Bay, Water
      • Has water view: Yes
      • Water view: Bay,Water
      Details
      • Parcel number: 0232330441200

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction, Brick, CBS Construction
      Condition
      • Year built: 1967

      Community & HOA

      Community
      • Security: Doorman, Elevator Secure, Card Entry
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: Island Terrace Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Bike Storage, Laundry, Elevator(s)
      • HOA fee: $1,536 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $511/sqft
      • Tax assessed value: $509,855
      • Annual tax amount: $9,470
      • Date on market: 1/5/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/27/2026Price change$485,000-4.5%$511/sqft
        Source: MIAMI #A11937837 Report a problem
        2/2/2026Price change$508,000-5.6%$535/sqft
        Source: MIAMI #A11937837 Report a problem
        1/5/2026Listed for sale$538,000-0.9%$566/sqft
        Source: MIAMI #A11937837 Report a problem
        12/29/2025Listing removed$543,000$572/sqft
        Source: MIAMI #A11793100 Report a problem
        5/16/2025Price change$543,000-2.2%$572/sqft
        Source: MIAMI #A11793100 Report a problem
        5/2/2025Listed for sale$555,000-1.8%$584/sqft
        Source: MIAMI #A11793100 Report a problem
        5/20/2022Sold$565,000$595/sqft
        Source: MIAMI #A11173724 Report a problem
        4/8/2022Contingent$565,000$595/sqft
        Source: MIAMI #A11173724 Report a problem
        3/16/2022Listed for sale$565,000+41.6%$595/sqft
        Source: MIAMI #A11173724 Report a problem
        3/1/2019Sold$399,000-5%$420/sqft
        Source: Public Record Report a problem
        1/9/2019Pending sale$420,000$442/sqft
        Source: Brown Harris Stevens #A10577661 Report a problem
        11/29/2018Listed for sale$420,000-0.7%$442/sqft
        Source: Brown Harris Stevens #A10577661 Report a problem
        2/11/2014Sold$423,000-4.9%$445/sqft
        Source: Public Record Report a problem
        1/5/2014Price change$445,000-2.2%$468/sqft
        Source: Real Estate Portfolio, LLC #A1873154 Report a problem
        12/23/2013Listed for sale$455,000+62.5%$479/sqft
        Source: Real Estate Portfolio, LLC #A1873154 Report a problem
        7/5/2013Sold$280,000-6.4%$295/sqft
        Source: Public Record Report a problem
        5/14/2013Listed for sale$299,000+15.4%$315/sqft
        Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A1786865 Report a problem
        5/20/2008Sold$259,000$273/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,565 +1%$509,855 +1.8%
        2024$9,470 +10.1%$500,750 +10%
        2023$8,602 +75%$455,228 +50.3%
        2022$4,916 +0.6%$302,881 +3%
        2021$4,888 +1.3%$294,060 +1.4%
        2020$4,825 +1%$290,000 +0.9%
        2019$4,777 +5.5%$287,305 +1.9%
        2018$4,530 $281,948 +2.1%
        2017$4,530 +1.1%$276,149 +2.1%
        2016$4,481 -1.7%$270,470
        2015$4,558 +7.8%$270,470 +30%
        2014$4,227 +22.3%$208,050 +12%
        2013$3,457 $185,757 +10%
        2012$3,457 +6.8%$168,870 +8%
        2011$3,237 -15.6%$156,360 -10%
        2010$3,834 -3.5%$173,730 -10%
        2009$3,971 -39.3%$193,030 -40.5%
        2007$6,545 +44.6%$324,420
        2006$4,527 --
        2005$4,527 +12.8%--
        2004$4,012 +22%--
        2003$3,289 +45.1%--
        2002$2,267 --
        2001$2,267 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Belle Isle

        Getting around

        68 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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