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5 Island Ave 4HMiami Beach, FL 33139

For Sale

$700,000

Smart Buyer Rebate $7,000

Stunning Corner Unit at Island Terrace!

Enjoy breathtaking south and east-facing views of Biscayne Bay and Belle Isle Park from this 2-bedroom, 2-bath corner unit at 5 Island Ave #4H.

This inviting unit features:

Bright, open living area with abundant natural light.
Updated impact windows.
Modern kitchen with ample storage and sleek finishes.
Primary bedroom with en-suite bath.
Versatile second bedroom and bath for guests or a home office.

Island Terrace offers a bayfront pool, fitness center, 24-hour secured lobby, and assigned parking. Located in desirable Belle Isle, you're steps from Sunset Harbour’s restaurants, cafes, and shops—and a short walk to Lincoln Road and the beach.

Don’t miss this opportunity to own a slice of paradise in Miami Beach!

Listed by Rebecca Patt

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License #3620188

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Avanti Way Realty LLC

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612-354-7400

Listed by Jennifer Wollmann

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License #0674769

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Avanti Way Realty LLC

Last updated August 22, 2025

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Source: MIAMIRE #A11845073

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu46
  • HOA/Maint. Fees$2,055/month
  • Taxes$8,691/year
  • Size1,302 sqft
  • Price per sqft$538

Amenities

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

Location

Mortgage Calculator

Listing History

07/22/2025
Listed by Avanti Way Realty LLC
$700,000

Property Details for 5 Island Ave 4H

Association

Amenities

  • Association Amenities: Bike Storage, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $2,055.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Reserve Fund, Trash Removal

General

  • Number Of Units In Community: 120

Exterior

Construction

  • Number Of Units Total: 120
  • Property Attached: Yes
  • Stories Total: 16
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 1967
  • Year Built Details: Condo-Conversion
  • Architectural Style: Corner Unit, High Rise
  • Building Name: Island Terrace
  • Construction Materials: CBS Construction
  • Entry Level: 4
  • Exterior Features: Open Balcony

Features

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

Measurements

  • Building Area Total: 1,302
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-044-0270
  • Tax Annual Amount: $8,691.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Flooring: Tile
  • Interior Features: Lobby, Other

Measurements

  • Living Area: 1,302
  • 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

  • Parking Features: 1 Space, Assigned

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
  • 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.