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5 Island Ave 4EMiami Beach, FL 33139

For Sale

$500,000

Smart Buyer Rebate $2,500

Brand New Impact Windows being installed -Large 1 bedroom and 1 1/2 bath sqf unit Bay views open BRAND NEW kitchen with stainless steel Appliances and renovated bathrooms. The building is financially stable and has recently completed its SIRS, Special assessment has been paid. Priced to sell!

Listed by Tatiana Camargo

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License #3248237

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Compass Florida, LLC

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786-556-1515

Last updated October 19, 2025

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Source: MIAMIRE #A11898815

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu5
  • HOA/Maint. Fees$1,558/month
  • Taxes$8,575/year
  • Size950 sqft
  • Price per sqft$526

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/17/2025
Listed by Compass Florida, LLC
$500,000

Property Details for 5 Island Ave 4E

Association

Amenities

  • Association Amenities: Laundry, Elevator(s), Pool, Trash Chute
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $1,558.00 Monthly
  • Association Fee Includes: All Amenities, Cable Tv, Elevator, Insurance, Internet/Wi Fi, Landscaping/Lawn Maintenance, Laundry Facilities

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 15
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 1967
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: ISLAND TERRACE CONDO
  • Construction Materials: CBS Construction
  • Entry Level: 4
  • Exterior Features: Other

Features

  • View: Bay
  • Waterfront: Yes

Measurements

  • Building Area Total: 950
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-044-0240
  • Tax Annual Amount: $8,575.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Features: Lobby, First Floor Entry

Measurements

  • Living Area: 950
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: ISLAND TERRACE CONDO

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space

Utilities

Equipment

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

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.