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5 Island Avenue 15AMiami Beach, FL 33139

For Sale

$543,000

Smart Buyer Rebate $3,575

Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.

Listed by Judith Hansen

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License #3184540

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Compass Florida, LLC.

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305-608-8750

Listed by Pavel Gonzalez

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License #3319281

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Compass Florida, LLC.

Last updated May 16, 2025

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Source: MIAMIRE #A11793100

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu131
  • HOA/Maint. Fees$1,536/month
  • Taxes$9,470/year
  • Size950 sqft
  • Price per sqft$572

Amenities

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

Location

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Listing History

05/16/2025
Price Decreased
$543,000
04/30/2025
Listed by Compass Florida, LLC.
$555,000

Property Details for 5 Island Avenue 15A

Association

Amenities

  • Association Amenities: Bike Storage, Elevator(s)
  • Pets Allowed: Yes

Fees

  • Association Fee: $1,536.00 Monthly
  • Association Fee Includes: Cable Tv, Common Area, Elevator, Internet/Wi Fi, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Roof Repairs, Security, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 16
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 1967
  • Year Built Details: Resale
  • Building Name: Island Terrace
  • Construction Materials: Concrete Block Construction, Brick, CBS Construction
  • Entry Level: 15

Features

  • Patio And Porch Features: Awning(s)
  • View: Bay

Measurements

  • Building Area Total: 950
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-044-1200
  • Tax Annual Amount: $9,470.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Ceramic Floor
  • Interior Features: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator

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, Electric
  • 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.