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5 Island Ave # 5A, Miami Beach FL 33139

Condo/Co-op For Sale
$459,000

BTC: 5.99529781

ETH: 197.84482759

New
Waterfront
1 bds
1 ba
950 sqft

Overview

Experience the best of Miami Beach living at 5 Island Ave, Unit 5A! This charming 1-bedroom, 1.5-bathroom residence offers a fun, relaxed beach vibe in one of the most desirable locations on Belle Isle. Ideally situated in the heart of Miami Beach, just steps from The Standard and minutes from Sunset Harbour, popular restaurants, shops, and everything the beach lifestyle has to offer. The unit features brand-new impact windows and doors, providing added peace of mind and protection. Enjoy the added convenience of a dedicated, assigned parking space.The building is undergoing hallway upgrades, with the current special assessment scheduled to be completed in June 2027. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this is a wonderful chance to enjoy the laid-back, funky beach lifestyle that makes Miami Beach so special!

Location

Details

Type:
Residential
Parking:
1 Space / Limited # Of Vehicle
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$483
Cooling:
Central Air
HOA:
$1,536

Valuation

Our model vs. what's actually selling nearby.
Estimate
$420,000
$295K – $679K
Confidence Low
List vs. estimate
$39K above estimate
List $459,000 · +9.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$483
-20.3% 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

HOA
$1,536/mo
View
Other View, Water View
Waterfront
Yes
All facts and features
  • Flooring

    • Carpet

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Microwave

    Other interior features

    • Elevator

    • Family Room

    • Florida Room

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Limited # Of Vehicle

    Property

    • Exterior Features: None / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-044-0300

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,536

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12117897

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Waterfront: 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

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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: The Source Real Estate