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.
For sale
Price cut: $24K (8/2)
$420,000
5 Island Ave APT 5A, Miami Beach, FL 33139
1beds
950sqft
Condominium
Built in 1967
-- sqft lot
$391,600 Zestimate®
$442/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
- 134 days
- 152
- 5
Zillow last checked:
Listing updated:
Listed by:
Mayra Pupo 786-306-8151,
Person to Person Realty Inc
Source: MIAMI,MLS#: A12007416
Originating 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: $442/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
$391,600
$372,000 - $411,000
$4,319/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Price change | $420,000-5.4%$442/sqft |
Source: | ||
| 6/26/2026 | Price change | $444,000-7.3%$467/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $479,000+11.7%$504/sqft |
Source: | ||
| 11/18/2025 | Listing removed | $429,000$452/sqft |
Source: | ||
| 9/9/2025 | Price change | $429,000-4.5%$452/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $449,000$473/sqft |
Source: | ||
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 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment








