
5 Island Ave # 2F, Miami Beach, FL 33139
Miami Beach, FL 33139 · Island Terrace condo
About 5 Island Ave # 2F, Miami Beach, FL 33139
Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.
How This Listing Compares in Miami Beach
Per square foot, it is asking 21% below the Miami Beach median for sales closed over the last twelve months.
| This home | Miami Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $482 | $614 |
| 1-bedroom price | $458,000 | $345,250 |
| Days on market | 135 | 84 |
Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.
Home Features at 5 Island Ave # 2F, Miami Beach, FL 33139
- Bathrooms Full
- 1
- Bathrooms Half
- 1
- Interior Features
- No Interior Features
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
- Flooring
- Wood
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- 1 Space
- Pool Private
- No
- Year Built Details
- Resale
The Building at 5 Island Ave # 2F, Miami Beach, FL 33139
- Building Name
- Island Terrace condo
- Building Area Total
- 950
- Building Area Units
- Square Feet
- Stories Total
- 16
- Entry Level
- 5
- Association
- Yes
- Association Fee
- $1,425
- Association Fee Frequency
- Monthly
- Association Amenities
- Bike Storage, Clubhouse-Clubroom, Laundry, Exercise Room, Pool
- Pets Allowed
- No
- Security Features
- Smoke Detector, Doorman, Elevator Secure
Lot, Views & Construction at 5 Island Ave # 2F, Miami Beach, FL 33139
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- Waterfront Features
- Ocean Access
- View
- Water View
- Construction Materials
- CBS Construction
- New Construction
- No
Taxes & Public Record for 5 Island Ave # 2F, Miami Beach, FL 33139
- Parcel Number
- 02-32-33-044-0090
- Tax Annual Amount
- $8,081
- Tax Year
- 2,024
- Tax Legal Description
- ISLAND TERRACE CONDO UNIT 2-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 14814-417 1290 4
- County Or Parish
- Miami-Dade County
Assigned Schools for 5 Island Ave # 2F, Miami Beach, FL 33139
- Elementary School
- North Beach
- Middle School
- Nautilus
- High School
- Miami Beach
School assignments are provided by the listing and should be independently verified.
Map & Neighborhood
5 Island Ave # 2F, Miami Beach, FL 33139 · More homes in Miami Beach
Comparable Listings in Miami Beach








5 Island Ave # 2F, Miami Beach, FL 33139 at a Glance
Offered for sale in Miami Beach 33139, 5 Island Ave # 2F is a condo with 1 bedroom, 2 bathrooms and about 950 square feet of living space, dating to 1967. The asking price is $458,000, on the market since May 27, 2026, with Douglas Elliman as the listing brokerage. Students here are assigned to North Beach, Nautilus and Miami Beach. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.