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For sale
  • Price cut: $35K (6/26)
    $444,000

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

    1beds
    950sqft
    : 
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    Condominium
    Built in 1967
    -- sqft lot
    $412,200 Zestimate®
    $467/sqft
    $1,536/mo HOA

    What's special

    Flooded with natural lightFull-service bayfront buildingFunctional layoutKayak launchConvenient half-bath for guestsEat-in kitchenGenerous private balcony
    Discover waterfront living at its finest in this bright and spacious 1-bedroom, 1.5-bathroom condo at Island Terrace (Unit 5A) on Belle Isle in Miami Beach’s coveted Venetian Islands. Boasting approximately 950 square feet of open living space, this inviting residence features a functional layout with an eat-in kitchen, combined living/dining area, walk-in closets with ample storage, and a convenient half-bath for guests. Flooded with natural light and opening to a generous private balcony. Pool are offers stunning water views of Biscayne Bay and the glittering downtown Miami skyline—especially magical at night. The full-service, bayfront building delivers resort-style living with a heated waterfront pool overlooking the bay, a state-of-the-art fitness center, 24-hour doorman and secured lobby, kayak launch, bike storage, and elegant common areas. One assigned parking space is included, and the community is pet-friendly (with restrictions). Perfectly situated steps from the Venetian Causeway for biking or jogging, you’re moments from Sunset Harbour’s trendy shops, restaurants, and markets (Trader Joe’s, Whole Foods, Publix), plus easy access to South Beach, Lincoln Road, and all the vibrant energy of Miami Beach. Whether you’re seeking a primary residence, stylish second home, or smart investment, Unit 5A delivers the ultimate Miami Bayfront lifestyle with comfort, views, and convenience.
    88 days
    |
    225
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mayra Pupo 786-306-8151,

    Person to Person Realty Inc

    Source: MIAMI,MLS#: A12007416MLS 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
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Refrigerator
      • Laundry: Common Area
      Features
      • Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Windows: Complete Impact Glass
      Interior area
      • Total structure area: 950
      • Total interior livable area: 950 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: 1 Space, Assigned
      Features
      • Exterior features: Balcony
      • Pool features: Association
      • Has view: Yes
      • View description: Intracoastal View, Other
      • Has water view: Yes
      • Water view: Intracoastal View
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      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: Doorman, Lobby Secured
      • Application fee: $150
      • Pet fee: $100
      • Subdivision: Island Terrace Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Elevator(s), Fitness Center, Exterior Lighting, Storage, Pool
      • HOA fee: $1,536 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $467/sqft
      • Tax assessed value: $466,254
      • Annual tax amount: $5,500
      • Date on market: 4/24/2026
      • Listing terms: Conventional,FHA-Va Approved

        Estimated market value

        $412,200

        $392,000 - $433,000

        $4,735/mo

        Price history

        DateEventPrice
        6/26/2026Price change$444,000-7.3%$467/sqft
        Source: MIAMI #A12007416 Report a problem
        4/24/2026Listed for sale$479,000+11.7%$504/sqft
        Source: MIAMI #A12007416 Report a problem
        11/18/2025Listing removed$429,000$452/sqft
        Source: MIAMI #A11831918 Report a problem
        9/9/2025Price change$429,000-4.5%$452/sqft
        Source: MIAMI #A11831918 Report a problem
        7/2/2025Listed for sale$449,000$473/sqft
        Source: MIAMI #A11831918 Report a problem

        Public tax history

        YearProperty taxesTax 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-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

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