Home › Condos for Sale › Island Terrace Condo › Unit 6A
5 Island Ave, Unit 6A
+18 more
$485K

Island Terrace Condo Unit 6A

5 Island Ave, Unit 6A • Miami Beach, FL 33139

at Island Terrace Condo

Beds
1
Baths
2
Living Area
950 SF
Price / SF
$511
HOA / Monthly
$1,425
Days on Market
78

About This Unit

The Venetian Islands await, where this expansive 1 bedroom 1 1/2 bathroom offers the perfect blend of space and tranquility. The generous layout boasts abundant closet and storage space, ensuring everything has its place. Life here feels like a permanent vacation, thanks to the resort-style amenities. Start your mornings with a workout in the newly renovated gym, or unwind by the bay front pool as you soak in breathtaking water views. Enjoy a lovely park in front of the building, The Standard Hotel & Spa just across the street and a few blocks from the shops and restaurants of Sunset Harbour, Lincoln Rd, and the beach.

Pricing at Island Terrace Condo — $511/sqft
Island Terrace Condo Unit 6A is listed at $511/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 — 78 days
Island Terrace Condo Unit 6A has been on the market for 78 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $501,000. Reduced to $485,000 on Feb 1, 2026 (after 18 days on market) — -3.2% (−$16,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,634
HOA
$1,425
Property Tax
$64
Total / mo
$4,122
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.16%. HOA $1.5/sqft · All-in $4.34/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at Island Terrace Condo.

Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.

That's (305) 337-4259 • Available 7 days a week
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: 6A
Year Built: 1967
Stories: 15
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,425 / Monthly
View: Bay, Water View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 78
Listed: January 15, 2026
MLS #: A11946575

Location

Tour with Ricky

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: Compass Florida, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11946575 • Updated Apr 3, 2026 • Photos uploaded 101 days ago.