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For Sale
Listed on April 17, 2026

5 ISLAND AVE, Unit LF

$464,000
1 Beds
2 Baths
950 sqft
1 Parking
HOA fees:
$1,425
Annual Tax:
$6,309
Occupancy:
Owner
Year Built:
1967
Stories:
16
Days on market:
161 days ago
Open House
May 19, 2026 • 4:00 PM - 6:00 PM

Description

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, the apartment features generous living spaces, large volumes, and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service, and onsite management. Pet-friendly. A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops and restaurants, and Lincoln Road! Includes 1 assigned parking space and hurricane-impact windows. An ideal second home or primary residence combining location, comfort, and lifestyle.
One Sotheby's International Realty

Features & Details

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

Property Details

  • Property Type
    Condominium
  • Living Area
    950 sqft
  • Year Built
    1967
  • Lot Size
    -
  • Stories
    16 Stories
  • Annual Tax
    $6,309
  • List Date
    4/17/2026
  • Updated
    8/20/2026
  • Last Checked
    Recent
  • MLS Number
    #A11994765
  • Brokerage
    One Sotheby's International Realty
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Owner
  • List Price
    $464,000
  • Unit Number
    LF
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    Assigned, One space
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association
  • 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, Refrigerator, Self cleaning oven
  • 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 LF

Amenities

Discover the amenities available at 5 ISLAND AVE, Unit LF

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

Building details

Check more details about the Island Terrace Condo building

Main building photo
Island Terrace Condo
For sale: 7
|
For rent: 1
View Details

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FAQs About Island Terrace Condo - 5 ISLAND AVE, Unit LF

5 ISLAND AVE, Unit LF, MLS® A11994765 has a size of 950 sqft.

There are 1 bedrooms and 2 bathrooms in this Condo at 5 ISLAND AVE, Unit LF, MLS® A11994765.

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

Annual taxes for this home are $6,309 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 LF
5 ISLAND AVE, Unit LF