HomeCondos for SaleIsland Terrace CondoUnit 5A
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$479K

Island Terrace Condo Unit 5A

5 Island Ave, Unit 5A • Miami Beach, FL 33139

at Island Terrace Condo

Beds
1
Baths
2
Living Area
950 SF
Price / SF
$504
HOA / Monthly
$1,536
Days on Market
0

About This Unit

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.

Pricing at Island Terrace Condo — $504/sqft
Island Terrace Condo Unit 5A is listed at $504/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Island Terrace Condo.
Time on Market — 0 days
Island Terrace Condo Unit 5A has been on the market for 0 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$2,601
HOA
$1,536
Property Tax
$458
Total / mo
$4,595
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.15%. HOA $1.62/sqft · All-in $4.84/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1967 (59 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 5A
Year Built: 1967
Stories: 16
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,536 / Monthly
View: Intracoastal View, Other View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 0
Listed: April 24, 2026
MLS #: A12007416

Location

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Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Person to Person Realty Inc
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12007416 • Updated Apr 24, 2026