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5 Island Ave 5JMiami Beach, FL 33139

For Sale

$545,000

Smart Buyer Rebate $3,625

Best value on Belle Island! Rare corner 1BD/1.5BA (985 Sq.Ft.) featuring European kitchen with SS appliances & quartz counters, wood floors, custom closets, spa-like bath, powder room, spacious terrace with bay/park views, and brand-new impact windows. Across from the Standard Hotel and walking distance to Sunset Harbour, Lincoln Rd, dining, fitness studios & markets. Easy access to Miami via Venetian Causeway. Must see! There is a special assessment of $633.54 that must be paid each month until January 2028.

Listed by Nicolas Escallon

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License #0707894

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Coldwell Banker Realty

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786-223-6426

Last updated September 03, 2025

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Source: MIAMIRE #A11866702

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu10
  • HOA/Maint. Fees$1,582/month
  • Taxes$8,515/year
  • Size985 sqft
  • Price per sqft$553

Amenities

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

Location

Mortgage Calculator

Listing History

08/28/2025
Listed by Coldwell Banker Realty
$545,000

Property Details for 5 Island Ave 5J

Association

Amenities

  • Association Amenities: Bike Storage, Exercise Room, Heated Pool, Pool
  • Pets Allowed: No

Fees

  • Association Fee: $1,582.00 Monthly
  • Association Fee Includes: Cable Tv, Hot Water, Landscaping/Lawn Maintenance, Pest Control Interior

Exterior

Construction

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

Features

  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • View: Bay, Garden View, Other View
  • Waterfront: Yes

Measurements

  • Building Area Total: 985
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-044-0380
  • Tax Annual Amount: $8,515.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring: Wood
  • Interior Features: Cooking Island

Measurements

  • Living Area: 985
  • 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, 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

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.