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About This Home

This 1-bedroom, 2-bathroom condo at 5 Island Ave in Miami Beach, FL is listed for $499,995 ($526 per sqft). Built in 1967, the home offers 950 sqft of living space on a N/A lot.

Agent Description

Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living.

Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining.

Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road.

Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.

Key Features

  • Built in 1967
  • 16 stories
  • Waterfront

Property Details

16 stories
1 full, 1 half
#2F
1967

Amenities

WaterfrontViewHardwood

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

5 Island Ave

Miami Beach, FL 33139

Island Terrace Condo

Features & Amenities

Interior Features

Door ManElevator Secured

Exterior Features

Security/High Impact Doors

Property Details

Flooring

HardwoodWood

Construction

Block

Views

Water

Parking

Garage

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 1-bedroom, 2-bathroom condo at 5 Island Ave is listed at $499,995 ($526/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1967, 16 stories, Waterfront. Interior Features: Door Man, Elevator Secured. Exterior Features: Security/High Impact Doors.

This property is listed by Barbara Estela and can be reached at 3056956300 or barbaraestelabroker@gmail.com.

BE

Barbara Estela

Agent at Douglas Elliman

(305) 695-6300

Listed by Douglas Elliman · View on Broker Site

MLS# A12025234· Source: listhub· Updated today

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5 Island Ave, Miami Beach, FL 33139

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