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5 Island Ave 12CMiami Beach, FL 33139

For Sale

$900,000

Smart Buyer Rebate $9,000

Rarely available northwest corner residence at Island Terrace on Belle Isle. This 12th-floor 2-bedroom, 2-bath home features direct bay views, spectacular sunsets, and exceptional natural light from floor-to-ceiling hurricane-impact glass windows. Well maintained and ideally positioned overlooking a peaceful private park, the residence enjoys a prime Belle Isle location across from The Standard Hotel & Spa and just moments from Sunset Harbour’s top restaurants, cafes, fitness studios, and boutiques. Designed by Morris Lapidus, Island Terrace is a full-service waterfront building with a 24-hour front desk, bayfront pool, kayak launch, bike and additional storage, assigned parking, onsite management, and a pet-friendly policy. A standout opportunity to enjoy iconic Miami Beach waterfront living.

Listed by Anna Sherrill

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License #0692650

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One Sotheby's International Realty

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786-853-8484

Last updated April 20, 2026

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Source: MIAMIRE #A12004266

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu11
  • HOA/Maint. Fees$1,923/month
  • Taxes$5,352/year
  • Size1,305 sqft
  • Price per sqft$690

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Bike Storage
  • Parking

Location

Mortgage Calculator

Listing History

04/20/2026
Listed by One Sotheby's International Realty
$900,000

Property Details for 5 Island Ave 12C

Association

Amenities

  • Association Amenities: Bike Storage, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Other
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $1,923.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Insurance, Laundry Facilities, Outside Maintenance, Pest Control Interior, Pool Service, Reserve Fund, Sewer, Trash Removal, Water

Exterior

Construction

  • Stories Total: 16
  • Structure Type: Condo 5+ Stories, Condo
  • Window Features: Blinds, Other Windows
  • Year Built: 1967
  • Year Built Details: Resale
  • Architectural Style: Corner Unit
  • Building Name: ISLAND TERRACE CONDO
  • Construction Materials: CBS Construction
  • Entry Level: 12
  • Exterior Features: Open Balcony, Other

Features

  • Patio And Porch Features: Open Balcony
  • View: Bay, Intracoastal View
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,305
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-044-1020
  • Tax Annual Amount: $5,352.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Other Equipment/Appliances, Electric Range, Refrigerator
  • Flooring: Tile
  • Interior Features: First Floor Entry

Measurements

  • Living Area: 1,305
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: ISLAND TERRACE CONDO

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Assigned, Covered

Schools

Elementary School

  • Elementary School: North Beach

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 5 Island Ave 12C.

What schools are nearby to 5 Island Ave 12C?

Nearby schools include the North Beach Elementary School, Nautilus Middle School, and Miami Beach High School.

Does this condo have parking?

Yes, there is 1 parking space available for 5 Island Ave 12C.

Are pets allowed at 5 Island Ave?

Yes, 5 Island Ave allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 5 Island Ave 12C?

Annual taxes for this condo are estimated at $5,352.

How does 5 Island Ave 12C compare to other condos in Belle Isle?

This condo is listed 36% below the average price for condos in Belle Isle and has been on the market for 117 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the ISLAND TERRACE CONDO building.

What is the square footage on this condo?

According to the MLS, this listing is 1,305 sqft.

5 Island Ave 12C is a 2-bedroom, 2-bath condo for sale in Miami Beach FL 33139. On Prevu for 11 days at $900,000. This property features 1,305 square feet of living space, located in Belle Isle. The median listing price for condos in this area is $995,000. Nearby schools include North Beach Elementary School, Nautilus Middle School, and Miami Beach High School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, bike storage, and parking. View other condo listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.