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5 Island Ave 5GMiami Beach, FL 33139

For Sale

$450,000

Smart Buyer Rebate $1,250

Welcome to Unit 5G at the prestigious Five Island Avenue, an elegant boutique building perfectly situated in the highly sought-after Venetian Islands. This spacious 1-bedroom, 1.5-bath residence offers refined living with pool and bay views from your private balcony.
Step inside to a bright living and dining space, as well as large bedroom with a water view with beautiful travertine floors throughout and expansive windows that fill the home with natural light. While the kitchen and bathrooms are original and ready for a modern upgrade, this unit is priced accordingly!
Included is a Bayfront pool, 24-hour doorman, fitness center, and bike storage. Located just steps from the Standard Hotel & Spa, Sunset Harbour, Lincoln Road, and the beach!

Listed by Emanuel Benjamin

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License #3018309

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Goldrock Properties, LLC

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305-525-3542

Last updated August 18, 2025

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Source: MIAMIRE #A11823953

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu82
  • HOA/Maint. Fees$1,536/month
  • Taxes$8,660/year
  • Size950 sqft
  • Price per sqft$474

Amenities

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

Location

Mortgage Calculator

Listing History

08/19/2025
Price Decreased
$450,000
06/17/2025
Listed by Goldrock Properties, LLC
$489,000

Property Details for 5 Island Ave 5G

Association

Amenities

  • Association Amenities: Laundry
  • Pets Allowed: More Than 20 Lbs

Fees

  • Association Fee: $1,536.00 Monthly
  • Association Fee Includes: All Amenities

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 16
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 1967
  • Year Built Details: Resale
  • Architectural Style: High Rise
  • Building Name: Island Terrace
  • Construction Materials: Concrete Block Construction
  • Entry Level: 5
  • Exterior Features: Open Balcony

Features

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

Measurements

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

Financial

Taxes

  • Parcel Number: 02-32-33-044-0360
  • Tax Annual Amount: $8,660.00
  • Tax Year: 2023

Interior

Features

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

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.