For sale

$925,000

5 Island Ave APT 8H, Miami Beach, FL 33139

2beds

1,302sqft

$8,286/mo

Get pre-qualified

Condominium

Built in 1967

-- sqft lot

$-- Zestimate^®

$710/sqft

$1,903/mo HOA

What's special

Designer interiorLuxury boutique buildingNewly updated poolCorner apartment

Welcome to THE BAYFRONT MASTERPIECE that is 5 Island Ave.#8H. Newly Updated to the Highest Standards! This 5-Star Bayfront Condo is Ready for the Most Discerning Buyers. 5 Island Ave. is a Luxury Boutique Building in the Heart of SOBE Renowned for its Central Location and Peaceful Waterfront Lifestyle. Newly Updated Pool, Fitness Center and Common Areas Compliment the Designer Interior that Greet You as You Enter this STUNNING BAYFRONT South Beach Residence. Corner Apartment. Walking Distance to All That Makes SOBE the Envy of All Coastal Residents. If You Seek a Peaceful Waterfront Lifestyle in A Central SoBe Location, This Is for You!

64 days
270
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer

Features

Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Walk-In Closet(s)
Flooring: Terrazzo
Doors: High Impact Doors
Windows: Clear Impact Glass, Blinds, High Impact Windows, Sliding

Interior area

Total structure area: 1,302
Total interior livable area: 1,302 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned
Attached garage spaces: 1

Features

Exterior features: Balcony
Has private pool: Yes
Pool features: Private Pool
Has view: Yes
View description: Bay, Garden, Ocean
Has water view: Yes
Water view: Bay,Ocean
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0232330440670

Construction

Type & style

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

Materials

Concrete Block Construction

Condition

Updated/Remodeled,Completely Renovated
Year built: 1967

Community & HOA

Community

Security: Doorman, Lobby Secured, Security Service
Application fee: $150
Subdivision: Island Terrace Condo

HOA

Has HOA: Yes
Amenities included: Bike Storage, Elevator(s), Fitness Center, Exterior Lighting, Storage, Pool
HOA fee: $1,903 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $710/sqft
Tax assessed value: $674,293
Annual tax amount: $11,978
Date on market: 7/4/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/4/2026	Listed for sale	$925,000+46.8%$710/sqft
Source: MIAMI #A12048077 Report a problem
9/23/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
9/19/2022	Listed for rent	$5,700$4/sqft
Source: Zillow Rental Network_1 #A11256127 Report a problem
9/9/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
8/12/2022	Listed for rent	$5,700+26.7%$4/sqft
Source: Zillow Rental Network_1 #A11256127 Report a problem
12/1/2020	Sold	$630,000-5.3%$484/sqft
Source: MIAMI #A10923624 Report a problem
10/3/2020	Listed for sale	$665,000-10%$511/sqft
Source: Ocean Insiders LLC #A10923624 Report a problem
9/28/2020	Listing removed	$4,500$3/sqft
Source: Ocean Insiders LLC #A10838981 Report a problem
7/18/2020	Listing removed	$739,000$568/sqft
Source: Ocean Insiders LLC #A10802006 Report a problem
7/18/2020	Listed for rent	$4,500$3/sqft
Source: Ocean Insiders LLC #A10838981 Report a problem
1/18/2020	Price change	$739,000-17.4%$568/sqft
Source: Ocean Insiders LLC #A10802006 Report a problem
4/6/2019	Listed for sale	$895,000+98.9%$687/sqft
Source: Ocean Insiders LLC #A10648818 Report a problem
1/27/2015	Sold	$450,000$346/sqft
Source: Public Record Report a problem
12/19/2014	Listed for sale	$450,000$346/sqft
Source: Zilbert International Realty - Zilbert Realty Group #A2047897 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,099 +5.9%	$628,910 +10%
2024	$11,421 +7.3%	$571,737 +10%
2023	$10,642 +18%	$519,761 +10%
2022	$9,020 +8.8%	$472,510 +10%
2021	$8,294 +16.3%	$429,555 +5%
2020	$7,130 -0.1%	$409,100
2019	$7,138 -9.1%	$409,100 -10.8%
2018	$7,849	$458,463 -0.8%
2017	$7,849 -10.8%	$462,150
2016	$8,801 +17.9%	$462,150 +42.9%
2015	$7,464 +15.5%	$323,420 +10%
2014	$6,464 +24%	$294,019 +10%
2013	$5,211	$267,290 +5%
2012	$5,211 +6.8%	$254,560 +8%
2011	$4,879 -6.2%	$235,700
2010	$5,201 -3.5%	$235,700 -10%
2009	$5,387 -39.3%	$261,890 -40.5%
2007	$8,880 +44.6%	$440,140
2006	$6,142	--
2005	$6,142 +12.8%	--
2004	$5,443 +11.8%	--
2003	$4,868 +45.1%	--
2002	$3,355	--
2001	$3,355	--