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Florida>Miami Beach>Belle Isle

5 Island Avenue 2FMiami Beach, FL 33139

For Sale

$499,995

Smart Buyer Rebate $5,000

Experience elevated miami living in this fully remodeled residence on prestigious belle isle offering breathtaking bay and downtown skyline views this immaculate 1 bedroom 1 full bath 1 half bath home blends modern elegance with effortless coastal living featuring an open concept layout with high ceilings and abundant natural light the residence showcases sophisticated finishes warm wood flooring and a bright airy ambiance throughout the designer kitchen is thoughtfully appointed with quartz countertops custom cabinetry and stainless steel appliances seamlessly flowing into the living and dining spaces perfect for both everyday living and entertaining located in an iconic morris lapidus building on the sought after venetian islands residents enjoy resort style amenities including 24 7 front desk service fitness center waterfront pool and assigned parking ideally situated just steps from the standard hotel and within walking distance to sunset harbour top dining boutique shopping fitness studios publix trader joe s and lincoln road whether as a primary residence vacation retreat or investment opportunity this turnkey residence offers luxury convenience and the best of miami living water cable and internet

Listed by Barbara Estela

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License #3162169

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Douglas Elliman

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786-239-4227

Last updated June 04, 2026

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Source: BeachesMLS #A12025234

Listing Facts

  • TypeCondo
  • NeighborhoodBelle Isle
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu20
  • HOA/Maint. Fees$1,425/month
  • Taxes$8,081/year
  • Size950 sqft
  • Price per sqft$526

Amenities

  • Dishwasher
  • Bike Storage
  • Elevator
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/27/2026
Listed by Douglas Elliman
$499,995

Property Details for 5 Island Avenue 2F

Association

Amenities

  • Association Amenities: Bike Storage, Clubhouse, Fitness Center, Maintenance Grounds, Laundry, Management, Pool, Elevators
  • Pets Allowed: No

Fees

  • Association Fee: $1,425.00 Monthly
  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pest Control, Pools, Recreation Facilities, Sewer, Trash, Water

Exterior

Construction

  • Property Condition: Resale
  • Stories Total: 16
  • Year Built: 1967
  • Construction Materials: Block
  • Entry Level: 5

Features

  • Pool Features: Association
  • View: Water
  • Waterfront Features: Ocean Access, Other
  • Waterfront: Yes

Measurements

  • Building Area Total: 950

Financial

Taxes

  • Parcel Number: 0232330440090
  • Tax Annual Amount: $8,081.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring: Wood

Measurements

  • Living Area: 950

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
  • Open Parking Spaces: 1

Schools

Elementary School

  • Elementary School: North Beach

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Miami Beach Nautilus

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes

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 Avenue 2F.

What schools are nearby to 5 Island Avenue 2F?

Nearby schools include the North Beach Elementary School, Miami Beach Nautilus Middle School, and Miami Beach High School.

Does this condo have parking?

Yes, there is 1 parking space available for 5 Island Avenue 2F.

What are the annual taxes for 5 Island Avenue 2F?

Annual taxes for this condo are estimated at $8,081.

How does 5 Island Avenue 2F compare to other condos in Belle Isle?

This condo is listed 64% below the average price for condos in Belle Isle and has been on the market for 108 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 Avenue 2F is a 1-bedroom, 2-bath condo for sale in Miami Beach FL 33139. Available on Prevu for 20 days at $499,995. 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, Miami Beach Nautilus Middle School, and Miami Beach High School. Additional amenities include dishwasher, elevator, bike storage, and swimming pool. Browse more condo listings in Miami Beach.

Based on information from Beaches MLS 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.