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5 Island Ave # 8H, Miami Beach FL 33139

Condo/Co-op For Sale
$925,000

BTC: 14.95553759

ETH: 580.05004107

New
Waterfront
2 bds
2 ba
1,302 sqft

Overview

Welcome to THE BAYFRONT MASTERPIECE that is 5 Island Ave.#8H. Newly Updated to the Highest Standards! This 5-Star Bayfront Condo is Ready for the Most Discerning Buyers. 5 Island Ave. is a Luxury Boutique Building in the Heart of SOBE Renowned for its Central Location and Peaceful Waterfront Lifestyle. Newly Updated Pool, Fitness Center and Common Areas Compliment the Designer Interior that Greet You as You Enter this STUNNING BAYFRONT South Beach Residence. Corner Apartment. Walking Distance to All That Makes SOBE the Envy of All Coastal Residents. If You Seek a Peaceful Waterfront Lifestyle in A Central SoBe Location, This Is for You!

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$710
Cooling:
Central Air
HOA:
$1,903

Valuation

Our model vs. what's actually selling nearby.
Estimate
$619,000
$382K – $950K
Confidence Low
List vs. estimate
$306K above estimate
List $925,000 · +49.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$710
+20.4% vs. city median $590
Based on
227 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
$11,978
2026
HOA
$1,903/mo
Pool
Private
View
Bay, Garden View
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    Other interior features

    • Interior Hall

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Walk-In Closet(s)

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-044-0670

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,903

    • HOA Frequency: Monthly

    • Annual tax amount: $11,978

  • Source details

    • MLS ID: A12048077

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds / High Impact Windows / Sliding

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1302

    • 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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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: Trust Group Realty LLC