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5 Island Ave Loaf #LF

Miami Beach, FL 33139
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Bed 1

Bed

Bath 2

Bath

SqFt950

Sqft

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed.Filled with natural light, the apartment features generous living spaces, large volumes, and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom.Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. The building offers a waterfront pool with infinity views of the bay and city skyl ine, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service, and onsite management. Pet-friendly.A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops and restaurants, and Lincoln Road!Includes 1 assigned parking space and hurricane-impact windows.An ideal second home or primary residence combining location, comfort, and lifestyle.

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Detail Ic Property Details

Property Type : Residential

Price : $464,000

AD Id : 77564652

MLS Id : A11994765

Beds : 1

Living Area Size : 950

Year Built : 1967

Garage : 1

County : Miami-Dade

Subdivision: Island Terrace Condo

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Flooring Information

    Tile, Vinyl
  • Interior Features

    BedroomOnMainLevel, MainLevelPrimary, SeparateShower, Bar, WalkInClosets
    Appliances: Dishwasher, ElectricRange, Oven, Refrigerator
    Window Features: Sliding
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1967
    Building Area Total: 950
    Construction Materials: Block
    Patio And Porch Features: Open, Balcony
    Pool Features: Association
    Private Pool: No
    Water front Features: Bayfront,None
    View: Other
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, OutdoorLivingArea

  • Listing Price Information

    Listing Price: $464000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0232330440030 Tax Year: 2025 Annual Tax: $6309 Tax Legal Desc: ISLAND TERRACE CONDO UNIT L-F UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 16065-0315 0993 1

  • Parking Information

    Assigned

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: PetRestrictions, Yes

    Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreas, CableTv, MaintenanceGrounds, PestControl, Pools, ReserveFund, Sewer, Trash, Water
    HOA: $1,425.00
    Association Amenities: BikeStorage, Clubhouse, FitnessCenter, MaintenanceGrounds, Laundry, Management, Pool, Elevators

  • School Information

    Elementary School: North Beach Junior High School: Miami Beach Nautilus Senior High School: Miami Beach
  • Location Information

    Direction: Island Terrace at 5 Island Avenue - across from the Standard Hotel & Spa. Security Features: SecuritySystem,ClosedCircuitCameras,LobbySecured
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1535 Meridian Ave #6, Miami Beach, FL, 33139 $230,000 1 1 582 582 SqFt
919 Michigan Avenue #3, Miami Beach, FL, 33139 $243,000 1 1 635 635 SqFt
1550 Drexel Ave #202, Miami Beach, FL, 33139 $335,000 1 1 580 580 SqFt
936 Pennsylvania Ave #205, Miami Beach, FL, 33139 $210,000 -- 1 455 455 SqFt
520 West Ave #2101, Miami Beach, FL, 33139 $2,790,000 3 4 1,994 1,994 SqFt
1500 Bay Rd #666S, Miami Beach, FL, 33139 $515,000 1 1 726 726 SqFt
1334 Euclid Ave #8, Miami Beach, FL, 33139 $239,000 1 1 620 620 SqFt
335 Ocean Dr #306, Miami Beach, FL, 33139 $425,000 1 1 410 410 SqFt
20 Island Ave #1203, Miami Beach, FL, 33139 $549,000 1 2 897 897 SqFt
349 Meridian Ave #B202, Miami Beach, FL, 33139 $240,000 -- 1 420 420 SqFt

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ByOwner last updated this listing 06/19/2026 @ 10:29

MLS: A11994765 LISTED BY: Marine Rivierre, One Sotheby's International Realty 305-503-5275 SOURCE: Beaches MLS

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