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5 Island Avenue # 15A, Miami Beach FL 33139

Condo/Co-op Active With Contract
$475,000

BTC: 6.02791878

ETH: 193.95671703

18 days
1 bds
1 ba
950 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1967
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$500
Cooling:
Central Air
HOA:
$1,536

Valuation

Our model vs. what's actually selling nearby.
Estimate
$420,000
$289K – $670K
Confidence Low
List vs. estimate
$55K above estimate
List $475,000 · +13.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$500
-17.4% vs. city median $605
Based on
928 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $580K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,564
2025
HOA
$1,536/mo
View
Bay, Water View
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    Other interior features

    • Interior Hall

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Custom Mirrors

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Other Property Information

    • Parcel Number: 02-32-33-044-1200

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,536

    • HOA Frequency: Monthly

    • Annual tax amount: $9,564

  • Source details

    • MLS ID: A12066186

    Other facts

    • Construction Materials: Concrete Block Construction / Brick / CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Awning(s)

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 950

    • Subdivision Name: ISLAND TERRACE CONDO

Private inquiry
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Market around this address

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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