Oversized 950 sq ft 1BR/1.5BA at the Morris Lapidus designed Island Terrace on Belle Isle. Generous proportions, abundant in unit storage plus additional private storage, dedicated parking, and a private balcony with greenery, bay and downtown sunset views. In original condition and ready for your vision, this is an opportunity to create a truly special Miami Beach home in one of the area's most desirable neighborhoods. Island Terrace offers bayfront living with a waterfront pool, gym and full service building conveniences. Adjacent to Belle Isle Park, across from The Standard Spa, and just moments from Sunset Harbour's restaurants, shops and fitness studios, with Lincoln Road nearby. Exceptional space, location and potential on Belle Isle.
For sale
Price cut: $25K (7/31)
$430,000
5 Island Ave APT 6A, Miami Beach, FL 33139
1beds
950sqft
Condominium
Built in 1967
-- sqft lot
$-- Zestimate®
$453/sqft
$1,425/mo HOA
What's special
Bayfront livingWaterfront poolPrivate balcony with greeneryGenerous proportionsDedicated parkingAbundant in unit storageAdditional private storage
- 69 days
- 115
- 3
Zillow last checked:
Listing updated:
Listed by:
Elissa Lithman 786-319-7663,
Coldwell Banker Realty,
Kevin Friedman 707-294-7912,
Coldwell Banker Realty
Source: MIAMI,MLS#: A12042469
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Closet Cabinetry
- Flooring: 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, Assigned
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: Other, Balcony
- Pool features: Association
- Has view: Yes
- View description: Bay, Intracoastal View
- Has water view: Yes
- Water view: Bay,Intracoastal View
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Lot
- Features: East Of Us1
Details
- Parcel number: 0232330440400
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1967
Community & HOA
Community
- Security: Doorman, Lobby Secured
- Application fee: $150
- Subdivision: Island Terrace Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry, Community Room, Elevator(s), Fitness Center, Storage, Other, Pool, Trash
- HOA fee: $1,425 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $453/sqft
- Tax assessed value: $471,000
- Annual tax amount: $765
- Date on market: 7/1/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $430,000-5.5%$453/sqft |
Source:  MIAMI #A12042469 Report a problem | ||
| 7/1/2026 | Listed for sale | $455,000-4.2%$479/sqft |
Source: MIAMI #A12042469 Report a problem | ||
| 6/20/2026 | Listing removed | $475,000$500/sqft |
Source: MIAMI #A11946575 Report a problem | ||
| 5/5/2026 | Price change | $475,000-2.1%$500/sqft |
Source: MIAMI #A11946575 Report a problem | ||
| 2/1/2026 | Price change | $485,000-3.2%$511/sqft |
Source: MIAMI #A11946575 Report a problem | ||
| 1/15/2026 | Listed for sale | $501,000-3.6%$527/sqft |
Source: MIAMI #A11946575 Report a problem | ||
| 12/12/2025 | Listing removed | $519,900$547/sqft |
Source: MIAMI #A11827140 Report a problem | ||
| 7/22/2025 | Price change | $519,900-2.8%$547/sqft |
Source: MIAMI #A11827140 Report a problem | ||
| 6/23/2025 | Listed for sale | $535,000$563/sqft |
Source: MIAMI #A11827140 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $765 +7.5% | $117,829 +2.9% |
| 2024 | $712 +8.3% | $114,509 +3% |
| 2023 | $657 -2.2% | $111,174 +3% |
| 2022 | $672 +3.7% | $107,936 +3% |
| 2021 | $648 +3.3% | $104,793 +1.4% |
| 2020 | $627 +7.2% | $103,347 +2.3% |
| 2019 | $585 +9.8% | $101,024 +1.9% |
| 2018 | $533 | $99,141 +2.1% |
| 2017 | $533 -1% | $97,102 +2.1% |
| 2016 | $539 -49.2% | $95,105 +0.7% |
| 2015 | $1,061 -1.5% | $94,444 +0.8% |
| 2014 | $1,077 +90.5% | $93,695 +1.5% |
| 2013 | $565 | $92,311 +1.7% |
| 2012 | $565 +4.2% | $90,768 +3% |
| 2011 | $542 -1.9% | $88,125 +1.5% |
| 2010 | $553 +7.1% | $86,823 +2.7% |
| 2009 | $516 -12.9% | $84,541 +1108.1% |
| 2007 | $593 -35% | $6,998 |
| 2006 | $912 | -- |
| 2005 | $912 +4.2% | -- |
| 2004 | $875 -26.1% | -- |
| 2003 | $1,185 +4.8% | -- |
| 2002 | $1,131 | -- |
| 2001 | $1,131 | -- |
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.Climate risks
Neighborhood: Belle Isle
Nearby schools
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami 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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