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5 Island Ave # 6A, Miami Beach FL 33139

Condo/Co-op For Sale
$455,000

BTC: 7.53311258

ETH: 285.32191210

New
Waterfront
1 bds
1 ba
950 sqft

Overview

Oversized 950 sq ft 1BR/1.5BA in the Morris Lapidus designed Island Terrace on Belle Isle. Spacious layout with abundant in unit storage plus private additional storage. Private balcony with greenery, bay, and downtown sunset views. Dedicated parking in a highly walkable neighborhood. Move in ready with cosmetic personalization potential. Bayfront amenities include pool, gym, and full service building conveniences. Adjacent to Belle Isle Park and across from The Standard Spa. Near Sunset Harbour’s fitness studios, shops, and dining, and moments from Lincoln Road.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$479
Cooling:
Central Air
HOA:
$1,425

Valuation

Our model vs. what's actually selling nearby.
Estimate
$494,500
$362K – $692K
Confidence Low
List vs. estimate
$39K below estimate
List $455,000 · -8.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$478
-20.7% vs. city median $603
Based on
56 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $602K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$765
2025
HOA
$1,425/mo
View
Bay, Intracoastal View
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: East Of Us1 / Other / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-044-0400

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,425

    • HOA Frequency: Monthly

    • Annual tax amount: $765

  • Source details

    • MLS ID: A12042469

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 950

    • Subdivision Name: ISLAND TERRACE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
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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: Coldwell Banker Realty