5 Island Avenue #lf, Miami Beach, FL

$464,000

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1

Bed

2

Baths

950

Square feet

About 5 Island Avenue #lf

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.

Features of 5 Island Avenue #lf

MLS® # A11994765
Price $464,000
Bedrooms 1
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 950
Year Built 1967
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 5 Island Avenue #lf
Area 2320
Subdivision ISLAND TERRACE CONDO
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139

Amenities

Amenities Elevator(s), Fitness Center, Laundry, Management, Pool, Bike Storage, Community Room, Maintenance
# of Parking Spaces 1
Parking Assigned
# of Garages 1
View Other
Is Waterfront Yes
Waterfront None, Bayfront
Has Pool No

Interior

Interior Features Bar, Walk-In Closet(s)
Appliances Dishwasher, Electric Range, Oven, Refrigerator
Heating Central
Cooling Central Air
Fireplace No
# of Stories 16

Exterior

Exterior Features Balcony
Windows Sliding
Construction CBS

School Information

Elementary North Beach
Middle Miami Beach Nautilus
High Miami Beach

Additional Information

Date Listed August 19th, 2026
Days on Market 27
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1425
HOA Fees Freq. Monthly
Tax Annual Amount $6,309
Tax Year 2025

Listing Details

OfficeOne Sotheby's International Realty

Listing Map

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