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5 Island Ave # 3C, Miami Beach FL 33139

Condo/Co-op For Sale
$950,000

BTC: 11.00811124

ETH: 358.49056604

1 days
Waterfront
2 bds
2 ba
1,305 sqft

Overview

Enjoy sweeping sunsets over Biscayne Bay and the Miami skyline from this desirable corner residence at Island Terrace. Located on the Venetian Islands, this spacious 2-bedroom, 2-bath home features a generous living area, custom closets, and an ideal layout for both everyday living and entertaining. The building’s waterfront pool and BBQ area offer picturesque bay views and a front-row seat to passing boats, while a newly renovated gym adds to the amenities. Just moments from the scenic parks and pathways of the Venetian Islands, enjoy an easy bike ride to the beach or a morning walk along the bay. Sunset Harbour’s popular restaurants, fitness studios, shops, and cafés are also within walking distance. A rare opportunity to live in one of the building’s most sought-after lines and enjoy the best of the Venetian Islands lifestyle.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$728
Cooling:
Central Air
HOA:
$1,924

Valuation

Our model vs. what's actually selling nearby.
Estimate
$620,000
$385K – $950K
Confidence Low
List vs. estimate
$330K above estimate
List $950,000 · +53.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$727
+20.9% vs. city median $602
Based on
231 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $585K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,950
2025
HOA
$1,924/mo
View
Bay, Intracoastal View
Waterfront
Intracoastal Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    Other interior features

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Covered

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-044-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,924

    • HOA Frequency: Monthly

    • Annual tax amount: $13,950

  • Source details

    • MLS ID: A12094547

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / Blinds / High Impact Windows / Plantation Shutters

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1305

    • Subdivision Name: ISLAND TERRACE CONDO,Island Terrace Condo

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC