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 bay front. 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 & restaurants,and Lincoln Road!
Includes 1 assigned parking space and hurricane-impact windows. An ideal primary residence or second home
combining location, comfort and lifestyle.
Property Details
MLS#
A12115533
Price
$449,000
Status
Active
Beds
1
Full Baths
1
Half Baths
1
Square Feet
950 ft² / 88 m²
Price Per Sq Ft
$473
Type
Residential
Year Built
1967
Taxes
$6,309 / Year
HOA Fees
$1,425 / Monthly
Subdivision
ISLAND TERRACE CONDO
Waterfront
Yes
Property Details
MLS#
A12115533
Price
$449,000
Beds
1
Full Baths
1
Half Baths
1
Square Feet
950 ft² / 88 m²
Price Per Sq Ft
$473
Type
Condominium
Status
Active
Year Built
1967
Taxes
$6,309 / Year
HOA Fees
$1,425 / Monthly
Subdivision
ISLAND TERRACE CONDO
Waterfront
Yes
Location
Listing Courtesy of One Sotheby's International Realty
5 Island Ave, #LF is a waterfront condo for sale in Miami Beach, FL 33139. This property was listed for sale on Nov 05, 2026 by One Sotheby's International Realty for $449,000. Located in ISLAND TERRACE CONDO is a 1-bed, 1-bath, 950 ft² / 88 m² sqft condo built in 1967.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and expressly disclaim any liability in connection therewith. No financial or legal advice provided and fully support the principles of the Fair Housing Act and the Equal Opportunity Act.