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For Sale
Listed on January 5, 2026

5 ISLAND AVE, Unit 15A

$538,000
1 Beds
2 Baths
950 sqft
1 Parking
Island Terrace Condo
·

Miami-Dade

HOA fees
$1,536
Annual Tax
$9,470
Occupancy
Contact Agent
Year Built
1967
Stories
15
Days on market
7 days ago

Description

Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.
Compass Florida, LLC

Features & Details

Learn about the features and details of 5 ISLAND AVE, Unit 15A

Property Details

  • Property Type
    Condominium
  • Living Area
    950 sqft
  • Year Built
    1967
  • Lot Size
    -
  • Stories
    16 Stories
  • Annual Tax
    $9,470.00
  • List Date
    1/5/2026
  • Updated
    1/5/2026
  • Last Checked
    Recent
  • MLS Number
    #A11937837
  • Brokerage
    Compass Florida, LLC
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $538,000.00
  • Unit Number
    15A
  • Construction
    Brick,Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    One space
  • Pets Allowed
    NoPetRestrictions,Yes
  • Air Conditioning
    Central Air
  • Elevator
    Yes
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water, Cable
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Dishwasher, Disposal, Microwave
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    1 Bed, 2 Bath
  • Bedrooms
    1
  • Full Bathrooms
    2
  • Ensuite
    Yes
  • Bathrooms
    2
  • Flooring
    Mixed

Price history

Learn about the price history of 5 ISLAND AVE, Unit 15A

Amenities

Discover the amenities available at 5 ISLAND AVE, Unit 15A

  • Bike storage
  • Laundry
  • Elevators

Building details

Check more details about the Island Terrace building

Main building photo
Island Terrace condo
For sale: 3
|
For rent: 3
View Details

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 5 ISLAND AVE, Unit 15A

Mortgage Calculator
Estimate monthly payments for 15A - 5 ISLAND AVE
$0
20.0%
$538,000
1%
5.25%
10%
Estimated Monthly Payment

$2,579

Cash Flow Analysis
Mortgage Payment:
$2,579.16
Monthly Payment:
$4,904.33
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this exceptional condominium in the heart of Miami Beach. This well-appointed property offers 1 bedroom, 2 bathrooms, 950 square feet of living space. secure building access, central,electric heating, designated parking, Central Air, elevator access. Originally built in 1967 in a 16-story building. Offered at $538,000.00 Residents will appreciate the excellent amenities including Bike storage, Laundry, and Elevators. The property comes with Dishwasher, Disposal, Microwave. Utilities included: water, cable. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About Island Terrace - 5 ISLAND AVE, Unit 15A

5 ISLAND AVE, Unit 15A, MLS® A11937837 has a size of 950 sqft.

There are 1 bedrooms and 2 bathrooms in this Condo at 5 ISLAND AVE, Unit 15A, MLS® A11937837.

Yes, there is parking available with 1 spot(s).

Annual taxes for this home are $9,470 based on 2024 tax year reports.

The monthly HOA fees covers water and parking for the unit.

The building's pet policy is as follows: NoPetRestrictions,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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5 ISLAND AVE, Unit 15A
5 ISLAND AVE, Unit 15A