ActiveMLS® A12042469

$405,000

5 Island Avenue 6A, Miami Beach, FL 33139

Beds: 1
Baths: 2
Sqft: 950

Est. payment$3,793/mo

Home type: Condominium
Year built: 1967
Lot size: —
Price / sqft: $426
HOA: $1,425/mo
Community: ISLAND TERRACE CONDO

Property description

Oversized 950 sq ft 1BR/1.5BA at the Morris Lapidus designed Island Terrace on Belle Isle. Generous proportions, abundant in unit storage plus additional private storage, dedicated parking, and a private balcony with greenery, bay and downtown sunset views. In original condition and ready for your vision, this is an opportunity to create a truly special Miami Beach home in one of the area's most desirable neighborhoods. Island Terrace offers bayfront living with a waterfront pool, gym and full service building conveniences. Adjacent to Belle Isle Park, across from The Standard Spa, and just moments from Sunset Harbour's restaurants, shops and fitness studios, with Lincoln Road nearby. Exceptional space, location and potential on Belle Isle.

Listing activity

Days on market: 75
Listed: Jul 1, 2026
MLS listing updated: Sep 13, 2026
Feed last checked: 13 minutes ago

Listed by Elissa Lithman · Coldwell Banker Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Bathrooms (decimal): 1.5
Full bathrooms: 1
Half bathrooms: 1

Rooms & features

Rooms: 0
Interior features: Closet Cabinetry
Flooring: Tile
Appliances: Dishwasher, Electric Range, Refrigerator

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Assigned
Attached garage: No

Exterior

Stories: 15
Building area: 950 sqft
Entry level: 1
Exterior features: Balcony
View: Intracoastal, Bay
Waterfront: Other, Bay
Waterfront property: Yes

Lot

Road frontage: East of US-1

Construction

Type & style

Home type: Condominium
Architectural style: Other
Year built: 1967
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: ISLAND TERRACE CONDO
MLS area: 2320
Security: Lobby - Attended, Security System
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,425 monthly
Estimated monthly dues: $1,425
Amenities: Maintenance, Pool, Community Room, Elevator(s), Fitness Center, Laundry, Management, Storage, Trash Chute, Other
Services included: Recreation Facility, Pool Service, Hot Water, Maintenance Grounds, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12042469
Possession: Close Of Escrow
Original list price: $455,000
Parcel number: 0232330440400
Annual property tax: $765
Tax year: 2025
Tax legal description: ISLAND TERRACE CONDO UNIT 6-A UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 18874-167 0999 4

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Community Room, Elevator(s), Fitness Center, Laundry, Management, Storage, Trash Chute, Other
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Hot Water, Maintenance Grounds, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 1.5
Bathrooms Total Integer: 2
Building Area Total: 950
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 75
Elementary School: North Beach
High School: Miami Beach
List Price: 405000
Living Area: 950
MLSArea Major: 2320
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-07-01
Postal Code: 33139
Price Change Timestamp: 2026-09-13T22:54:51Z
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: East of US-1
Rooms Total: 0
Security Features: Lobby - Attended, Security System
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-07-01T04:00:00Z
Stories Total: 15
Subdivision Name: ISLAND TERRACE CONDO
Waterfront Features: Other, Bay
Tax Annual Amount: 765
Bathrooms Full: 1
Bedrooms Total: 1
Bathrooms Half: 1
Financial Information: Estimated Monthly Assoc Recurring Fee: 1425

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jul 1, 2026	ListedMIAMI REALTORS® MLS	$455,000$479/sqft
Sep 13, 2026	Price reducedMIAMI REALTORS® MLS	$405,000$426/sqft

Public tax history

Year	Property taxes	Assessment
2025	$765	—

Payment calculator

Estimated monthly payment$3,793/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $2,101
Property taxes: $64
Insurance: $203
Association dues: $1,425

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ISLAND TERRACE CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North BeachElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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