5 Island Ave, #LF

Miami Beach, FL 33139

5 Island Ave, #LF

Miami Beach, FL 33139

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.

Location

Listing Courtesy of One Sotheby's International Realty

Property Information

General Information
    General Information
  • For Lease: No
  • Pet Restrictions : No
  • County Or Parish : Miami-Dade
  • Zip Code : 33139
  • City : Miami Beach
  • List Price : $449,000
    Maintenance / Tax Information
  • Tax Amount : $6,309
  • Tax Year : 2025
  • Membership Required : No
    Building Information
  • Property Type : Residential
  • Subdivision : ISLAND TERRACE CONDO
    School Information
  • Elementary School : North Beach
  • Middle School : Nautilus
  • Senior High School : Miami Beach
Virtual Tour / Features / Utilities
    Interior
  • Room Count : 0
  • Equipment Appliances : Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Floor Description : Tile,Vinyl
  • Interior Features : Bedroom On Main Level, First Floor Entry, Main Level Primary, Bar, Walk In Closets
  • Beds Total : 1
  • Num of Full Baths : 1
  • Num of Half Baths : 1.0
  • Spa : No
    Exterior
  • Exterior Features : Balcony, Security High Impact Doors
  • Construction Type : CBSConcreteBlockStructure,Block
  • Pool : No
  • Pool Description : Association
  • Windows Treatment : ImpactGlass, Sliding
  • Security : ClosedCircuitCameras, DoorMan, LobbySecured
    Parking
  • Parking Description : Assigned, OneSpace
    Utilities
  • Cooling Description : CentralAir
  • Heating Description : Central
Property / Lot Information
    Community Information
  • Association Fee: $1,425
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 02-32-33-044-0030
  • Num Garage Spaces: 1
    Lot Information
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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.

The data provided by Miami Association of REALTORS® MLS comes from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All data provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Miami Association of Realtors MLS data last updated on Nov 05, 2026.

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