Wonderful large 1bed/1.5bath at Island Terrace on Belle Isle – a great place to call home! Sunny and spacious with impact windows, stainless appliances, plenty of closets, extra storage unit and a nice size balcony for dining al fresco. Views to the north of the bay, plus downtown skyline views from the balcony. Fantastic South Beach location with a wonderful park in front of the building, the Standard Hotel and Spa across the street and a few blocks to all the shops and restaurants at Sunset Harbour and Lincoln Rd. Classis Morris Lapidus bldg offering 24 hour front desk service, a beautiful bay front pool with a separate lounging area, gym, kayak launch, bike storage, onsite management, assigned parking. Excellent opportunity! Chandelier and sconces excluded.
Listed by Lisa Van Wagenen
·
License #0678702
·
Brown Harris Stevens
·
305-495-8417
Listed by Katrina Rosendary
·
License #3392688
·
Brown Harris Stevens
Last updated January 13, 2026
·
Source: MIAMIRE #A11943735
Listing Facts
TypeCondo
NeighborhoodBelle Isle
Bedrooms1
Bathrooms2
Days on Prevu17
HOA/Maint. Fees$1,446/month
Taxes$3,380/year
Size950 sqft
Price per sqft$553
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Bike Storage
Parking
Storage
Location
Mortgage Calculator
Listing History
01/13/2026
Listed by Brown Harris Stevens
$525,000
Property Details for 5 Island Ave 8B
Association
Amenities
Association Amenities: Bike Storage, Laundry, Community Room, Exercise Room, Exterior Lighting, Storage, Heated Pool, Private Pool, Trash Chute, Vehicle Wash Area
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $1,446.00 Monthly
Association Fee Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Pest Control Interior, Pool Service, Reserve Fund, Water
Exterior
Construction
Property Attached: Yes
Stories Total: 16
Structure Type: Condo 5+ Stories, Condo
Window Features: Complete Impact Glass, Blinds, High Impact Windows, Sliding
Year Built: 1967
Year Built Details: Resale
Architectural Style: High Rise
Building Name: ISLAND TERRACE CONDO
Construction Materials: CBS Construction
Entry Level: 8
Exterior Features: East Of Us1, Open Balcony
Features
Direction Faces: North
Patio And Porch Features: Open Balcony
Pool Private: Yes
View: Bay, Intracoastal View
Waterfront Features: Intracoastal Front
Waterfront: Yes
Measurements
Building Area Total: 950
Building Area Units: Square Feet
Frontage Type: Bay
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-32-33-044-0610
Tax Annual Amount: $3,380.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
Laundry Features: Utility Room/Laundry, Common Area
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 2 bathrooms in this condo at 5 Island Ave 8B.
What schools are nearby to 5 Island Ave 8B?
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 8B.
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 8B?
Annual taxes for this condo are estimated at $3,380.
How does 5 Island Ave 8B compare to other condos in Belle Isle?
This condo is listed 62% below the average price for condos in Belle Isle and has been on the market for 111 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 950 sqft.
5 Island Ave 8B is a 1-bedroom, 2-bath condo for sale in Miami Beach FL 33139. On Prevu for 17 days at $525,000. This residence features 950 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, bike storage, storage, and parking. Explore more 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.
