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5 Island Ave # 12B, Miami Beach FL 33139

Condo/Co-op For Sale
$485,000

BTC: 6.33490073

ETH: 209.05172414

New
Waterfront
1 bds
1 ba
950 sqft

Overview

This beautiful 12th floor unit has stunning views, one large bedroom, 3 closets, one full bathroom and one (1/2 bathroom/sink). A bright, renovated condo with new floors, AC unit, kitchen appliances, hurricane prooof windows and sliding door. Entry way has a closet and large living and dining room hosts a bar area. sland Terrace has a gorgeous pool and terrace overlooking Miami Bay, a renovated gym, community room, updated lobby and hallways, 24 hour security and an under cover designated parking spot. The unit is on Belle Isle, on the Venetian Way across from The famous Standard hotel. A quick walk to Sunset Harbor where you can find top restaurants, fitness facilities, shops, grocery stores and one of the best bakeries in South florida!

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$511
Cooling:
Central Air
HOA:
$1,471

Valuation

Our model vs. what's actually selling nearby.
Estimate
$420,000
$295K – $679K
Confidence Low
List vs. estimate
$65K above estimate
List $485,000 · +15.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$510
-15.8% vs. city median $606
Based on
975 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $702K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,512
2026
HOA
$1,471/mo
View
Bay, Skyline
Waterfront
Yes
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    • Self Cleaning Oven

    • Free-Standing Freezer

    Other interior features

    • Lobby

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Fire Sprinklers

    • Entrance Foyer

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

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

    Other Property Information

    • Parcel Number: 02-32-33-044-1010

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,471

    • HOA Frequency: Monthly

    • Annual tax amount: $8,512

  • Source details

    • MLS ID: A12118017

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 950

    • Subdivision Name: ISLAND TERRACE CONDO

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

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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: Beycome of Florida LLC