MIAMI LUXHomes

5 Island Ave # 2F, Miami Beach, FL 33139

$458,0001 Beds2 Baths950 Sq. Ft.$482 / sq. ft.

Miami Beach, FL 33139 · Island Terrace condo

Status
Active
Type
Condominium
Year Built
1967
Days on Market
135
MLS #
A12025234
County
Miami-Dade County

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 homeMiami Beach median (12 mo)
Price per sq. ft.$482$614
1-bedroom price$458,000$345,250
Days on market13584

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

Courtesy of Douglas Elliman

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.