For sale

$459,000

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

1beds

950sqft

$4,731/mo

Get pre-qualified

Condominium

Built in 1967

-- sqft lot

$439,500 Zestimate^®

$483/sqft

$1,536/mo HOA

What's special

Dedicated assigned parking space

Experience the best of Miami Beach living at 5 Island Ave, Unit 5A! This charming 1-bedroom, 1.5-bathroom residence offers a fun, relaxed beach vibe in one of the most desirable locations on Belle Isle. Ideally situated in the heart of Miami Beach, just steps from The Standard and minutes from Sunset Harbour, popular restaurants, shops, and everything the beach lifestyle has to offer. The unit features brand-new impact windows and doors, providing added peace of mind and protection. Enjoy the added convenience of a dedicated, assigned parking space.The building is undergoing hallway upgrades, with the current special assessment scheduled to be completed in June 2027. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this is a wonderful chance to enjoy the laid-back, funky beach lifestyle that makes Miami Beach so special!

5 days
97
10

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Family Room, Florida Room

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Range, Microwave

Features

Elevator
Flooring: Carpet, Other
Doors: High Impact Doors

Interior area

Total structure area: 950
Total interior livable area: 950 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: 1 Space, Limited # Of Vehicle

Features

Exterior features: None, Balcony
Has view: Yes
View description: Other, Water
Has water view: Yes
Water view: Water

Details

Parcel number: 0232330440300

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 1967

Community & HOA

Community

Security: Smoke Detector, Doorman, Elevator Secure, Card Entry
Application fee: $150
Pet fee: $150 nonrefundable
Subdivision: Island Terrace Condo

HOA

Has HOA: Yes
Amenities included: Laundry, Elevator(s)
HOA fee: $1,536 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $483/sqft
Tax assessed value: $466,254
Date on market: 11/4/2026
Listing terms: All Cash,Conventional,VA Loan

Estimated market value

$439,500

$418,000 - $461,000

$4,239/mo

Price history

Date	Event	Price
11/4/2026	Listed for sale	$459,000+9.3%$483/sqft
Source: MIAMI #A12117897 Report a problem
11/1/2026	Listing removed	$420,000$442/sqft
Source: MIAMI #A12007416 Report a problem
8/2/2026	Price change	$420,000-5.4%$442/sqft
Source: MIAMI #A12007416 Report a problem
6/26/2026	Price change	$444,000-7.3%$467/sqft
Source: MIAMI #A12007416 Report a problem
4/24/2026	Listed for sale	$479,000+11.7%$504/sqft
Source: MIAMI #A12007416 Report a problem
11/18/2025	Listing removed	$429,000$452/sqft
Source: MIAMI #A11831918 Report a problem
9/9/2025	Price change	$429,000-4.5%$452/sqft
Source: MIAMI #A11831918 Report a problem
7/2/2025	Listed for sale	$449,000$473/sqft
Source: MIAMI #A11831918 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$116,971 +2.9%
2024	--	$113,675 +3%
2023	--	$110,365 +3%
2022	--	$107,151 +3%
2021	--	$104,031 +1.4%
2020	--	$102,595 +2.3%
2019	--	$100,289 +1.9%
2018	--	$98,420 +2.1%
2017	--	$96,396 +2.1%
2016	--	$94,414 +0.7%
2015	--	$93,758 +0.8%
2014	--	$93,014 +1.5%
2013	--	$91,640 +1.7%
2012	--	$90,109 +3%
2011	--	$87,485 +1.5%
2010	--	$86,193 +2.7%
2009	--	$83,927 +3.1%
2007	--	$81,402
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--