Price Reduced 6.01%

$469,000 ($493.68 per sqft)

Est. Mortgage $2,219/mo *

Quick Pre-Approval

Price History

$499,000
10/23/2025

$469,000
1/24/2026


5 Island Ave, #LE, Miami Beach, FL, 33139

5 Island Ave, #LE, Miami Beach, FL, 33139

1 beds

1 Full / 1 Half baths

1967

High Rise

950 sqft

Rare first-floor residence on the exclusive Venetian Islands—one of only three ground-level residences in the building! This spacious 1BR/1.5BA, 950 SF home feels private and serene, with no need for an elevator. Features include marble floors, a large custom walk-in closet, updated kitchen and baths, and hurricane-impact glass offering total peace and quiet. The building, set directly on the bay, showcases a modern lobby, waterfront pool, and a fully equipped fitness center. Includes a covered parking space and storage unit. Peaceful island living in the heart of Miami Beach, with a park and the iconic The Standard hotel across the street. Furniture included in sale (optional). A rare offering combining privacy, luxury, and prime location.


Status:

Active

Type:

Condo

Furnished Remarks:

Furnished

Complex:

ISLAND TERRACE CONDO

Garage:

Assigned, Covered, One Space

Heating:

Central

Cooling:

Central Air

Levels:

16

Common Charge:

$1,446 Monthly

Est. Taxes:

$2,581

HOA Fee

$1,446

Construction

Block

Utilities

Cable Available

View Description:

None,Pool

Amenities:

Fitness Center, Pool, Storage, Elevator(s)

Waterfront:

Yes

Elementary School:

North Beach

Middle School:

Nautilus

High School:

Miami Beach

Days on Market:

93

Pet Allowed:

Yes

Pet Policy:

Conditional, Yes

Appliances:

Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven

Pool:

Association

MLS #:

A11901357


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Elite Miami Realty, LLC 305-351-1484