**Can be rented Furnished or Unfurnished** Welcome to this peaceful condo on the Venetian Islands, offering stunning views of the bay, the Miami skyline, and Star Island. Island Terrace is an elegant boutique building right across from The Standard Hotel & Spa. This spacious condo features bright living areas, warm travertine floors, a large bedroom with water view, and a private balcony overlooking the bay. A new kitchen and bathroom are being installed (Work in progress, will be completed in the coming days), and the photos shown for those are renderings of the future design. Amenities include a bayfront pool, 24-hour doorman, fitness center, Wi-Fi recreation room, bike storage, and 1 assigned covered parking space. Pets are welcome. Laundry on the same floor (No washer/dryer in-unit),12-month lease required (renewable).
Easy to show. Tenants must complete a criminal background and credit check and pay a $39 fee per applicant or married couple. Renters insurance is required, naming the owner as additional interest party, and must be maintained throughout the tenancy. The owner will cover the $1,000 security deposit required by the association. Pets are welcome: up to 2 pets with a maximum of 25 lbs each, per association rules. Owner requires a refundable $500 pet deposit per pet. 12-month lease required as per association rules. Unit can be rented furnished, partially furnished or unfurnished. Rent includes water/sewer, waste, basic internet, TV cable, 1 assigned parking.
Sold for $3,400
$3,400
5 Island Ave APT 5G, Miami Beach, FL 33139
1beds
950sqft
Apartment
Built in ----
-- sqft lot
$518,700 Zestimate®
$4/sqft
$4,735 Estimated rent
Home value
$518,700
$462,000 - $581,000
$4,735/mo
Zestimate® history
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List your homeWhat's special
Bayfront poolElegant boutique buildingSpacious condoWarm travertine floors
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Microwave, Oven, Refrigerator
- Laundry: Shared
Interior area
- Total interior livable area: 950 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
- Details: Contact manager
Features
- Exterior features: Cable included in rent, Internet included in rent, Sewage included in rent, Water included in rent
Details
- Parcel number: 0232330440360
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Cable, Internet, Sewage, Water
Community & HOA
Community
- Features: Pool
- Deposit fee: $3,550
- Application fee: $39
HOA
- Amenities included: Pool
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $4/sqft
- Tax assessed value: $466,254
- Annual tax amount: $8,747
- Date on market: 11/17/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Sold | $3,400-99.2%$4/sqft |
Source: Agent Provided Report a problem | ||
| 1/21/2026 | Listing removed | $3,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2025 | Price change | $3,500-1.4%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2025 | Listed for rent | $3,550$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2025 | Listing removed | $3,550$4/sqft |
Source: | ||
| 11/16/2025 | Listed for rent | $3,550+34%$4/sqft |
Source: | ||
| 8/19/2025 | Price change | $450,000-8%$474/sqft |
Source: | ||
| 6/17/2025 | Listed for sale | $489,000-6.3%$515/sqft |
Source: | ||
| 5/2/2025 | Listing removed | $522,000$549/sqft |
Source: | ||
| 12/11/2024 | Price change | $522,000-0.6%$549/sqft |
Source: | ||
| 8/9/2024 | Listed for sale | $525,000$553/sqft |
Source: | ||
| 7/24/2024 | Pending sale | $525,000$553/sqft |
Source: | ||
| 7/1/2024 | Listed for sale | $525,000-3.6%$553/sqft |
Source: | ||
| 6/29/2024 | Listing removed | $544,500-0.1%$573/sqft |
Source: | ||
| 6/10/2024 | Listed for sale | $545,000$574/sqft |
Source: | ||
| 6/10/2024 | Listing removed | -- |
Source: | ||
| 5/6/2024 | Listing removed | -- |
Source: | ||
| 5/6/2024 | Price change | $545,000-0.9%$574/sqft |
Source: | ||
| 4/18/2024 | Listed for rent | $2,650$3/sqft |
Source: | ||
| 4/4/2024 | Listed for sale | $550,000+120%$579/sqft |
Source: | ||
| 11/12/2004 | Sold | $250,000+195.9%$263/sqft |
Source: Public Record Report a problem | ||
| 1/17/1997 | Sold | $84,500$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,747 +1% | $466,254 +1.8% |
| 2024 | $8,660 +10.1% | $457,927 +10% |
| 2023 | $7,867 +103.9% | $416,298 +50.3% |
| 2022 | $3,858 +0.8% | $276,979 +3% |
| 2021 | $3,827 +1.5% | $268,912 +1.4% |
| 2020 | $3,770 -33.1% | $265,200 -8.8% |
| 2019 | $5,637 +1.4% | $290,900 -1% |
| 2018 | $5,559 | $293,948 +10% |
| 2017 | $5,559 +6.7% | $267,226 +10% |
| 2016 | $5,209 +10.4% | $242,933 +10% |
| 2015 | $4,717 +14.8% | $220,849 +10% |
| 2014 | $4,108 +21% | $200,772 +10% |
| 2013 | $3,397 | $182,520 +10% |
| 2012 | $3,397 +6.8% | $165,930 +8% |
| 2011 | $3,180 -15.6% | $153,640 -10% |
| 2010 | $3,767 -3.5% | $170,710 -10% |
| 2009 | $3,902 -39.3% | $189,680 -40.5% |
| 2007 | $6,431 +44.6% | $318,790 |
| 2006 | $4,449 | -- |
| 2005 | $4,449 +12.8% | -- |
| 2004 | $3,942 +22% | -- |
| 2003 | $3,232 +45.1% | -- |
| 2002 | $2,227 | -- |
| 2001 | $2,227 | -- |
Find assessor info on the county website
Neighborhood: Belle Isle
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$518,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$518,700