About This Home

This 1-bedroom, 2-bathroom condo at 5 Island Ave #2F in Miami Beach, FL is listed for $458,000 ($482 per sqft). Built in 1967, the home offers 950 sqft of living space on a N/A lot.

Key Features

  • Built in 1967
  • Waterfront

Property Details

1 full, 1 half
1-car garage
#2F
1967

Amenities

WaterfrontViewHardwoodA/C
Listing 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.

Monthly Cost Estimate

$3,874/mo

20% down · 6.5% · 30 years

Principal$331
Interest$1,985
Insurance$134
HOA$1,425

Estimates only. Actual payments may vary.

Location

5 Island Ave #2F

Miami Beach, FL 33139

ISLAND TERRACE CONDO

Features & Amenities

Exterior Features

Security/High Impact Doors

Property Details

Flooring

HardwoodWood

Construction

CBS (Concrete Block Structure) Block

Views

Water

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherElectric RangeElectric Water HeaterMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 2-bathroom condo at 5 Island Ave is listed at $458,000 ($482/sqft). The estimated monthly payment is $3,875 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1425/month.

Key features include: Built in 1967, Waterfront. Exterior Features: Security/High Impact Doors.

This property is listed by Barbara Estela.

BE

Barbara Estela

License 3162169

Agent at Douglas Elliman

Listed by Douglas Elliman · Broker phone: (561) 249-4808 · View on Broker Site · Broker website

MLS# A12025234· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5 Island Ave #2F, Miami Beach, FL 33139

Open this listing in: