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For Sale
Listed on January 13, 2026

5 ISLAND AVE, Unit 8B

$525,000
1 Beds
2 Baths
950 sqft
1 Parking
Island Terrace Condo
·

Miami-Dade

HOA fees
$1,446
Annual Tax
$3,380
Occupancy
Owner
Year Built
1967
Stories
15
Days on market
2 days ago

Description

Wonderful large 1bed/1.5bath at Island Terrace on Belle Isle – a great place to call home! Sunny and spacious with impact windows, stainless appliances, plenty of closets, extra storage unit and a nice size balcony for dining al fresco. Views to the north of the bay, plus downtown skyline views from the balcony.  Fantastic South Beach location with a wonderful park in front of the building, the Standard Hotel and Spa across the street and a few blocks to all the shops and restaurants at Sunset Harbour and Lincoln Rd. Classis Morris Lapidus bldg offering 24 hour front desk service, a beautiful bay front pool with a separate lounging area, gym, kayak launch, bike storage, onsite management, assigned parking. Excellent opportunity! Chandelier and sconces excluded.
Brown Harris Stevens

Features & Details

Learn about the features and details of 5 ISLAND AVE, Unit 8B

Property Details

  • Property Type
    Condominium
  • Living Area
    950 sqft
  • Year Built
    1967
  • Lot Size
    -
  • Stories
    16 Stories
  • Annual Tax
    $3,380.00
  • List Date
    1/13/2026
  • Updated
    1/13/2026
  • Last Checked
    Recent
  • MLS Number
    #A11943735
  • Brokerage
    Brown Harris Stevens
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Owner
  • List Price
    $525,000.00
  • Unit Number
    8B
  • Construction
    Block
  • Heating
    Electric
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    Assigned, Attached, Garage, One space
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Heated
  • Patio
    Balcony,Open
  • 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
    2025
  • Assignment
    No
  • Extras Included
    Dishwasher, Electric range, Ice maker, Microwave, Refrigerator
  • 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 8B

Amenities

Discover the amenities available at 5 ISLAND AVE, Unit 8B

  • Bike storage
  • Clubhouse
  • Fitness center
  • Laundry
  • Pool
  • Storage

Building details

Check more details about the Island Terrace building

Main building photo
Island Terrace condo
For sale: 5
|
For rent: 4
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 8B

Mortgage Calculator
Estimate monthly payments for 8B - 5 ISLAND AVE
$0
20.0%
$525,000
1%
5.25%
10%
Estimated Monthly Payment

$2,517

Cash Flow Analysis
Mortgage Payment:
$2,516.84
Monthly Payment:
$4,244.51
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 stunning 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, electric heating, designated parking, Electric. Originally built in 1967 in a 16-story building. Offered at $525,000.00 Residents will appreciate the excellent amenities including Bike storage, Clubhouse, Fitness center, Laundry, Pool, and Storage. The property comes with Dishwasher, Electric range, Ice maker, Microwave, Refrigerator. 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 8B

5 ISLAND AVE, Unit 8B, MLS® A11943735 has a size of 950 sqft.

There are 1 bedrooms and 2 bathrooms in this Condo at 5 ISLAND AVE, Unit 8B, MLS® A11943735.

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

Annual taxes for this home are $3,380 based on 2025 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: Conditional,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 8B
5 ISLAND AVE, Unit 8B