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.
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.