‹›3 of 7For Sale at Island Terrace
Unit 12B
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Island Terrace Unit 12B For Sale

$485,000
5 Island Ave · Belle Isle · Miami Beach
Island Terrace Unit 12B For Sale
$485,000
5 Island Ave · Belle Isle · Miami Beach
MLS A12118017
Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 1 of 6Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 2 of 6Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 3 of 6Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 4 of 6Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 5 of 6Island Terrace Unit 12B, 5 Island Ave, Belle Isle, Miami Beach FL 33139, photo 6 of 6
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3 of 7 For Sale at Island Terrace
$485,000Asking Price
$511Per SqFt
1/1Beds/BathsBd/Ba
950SqFt · 88.3 m²
Island Terrace · MLS A12118017 · 1 day on Zilbert · Listed Nov 4, 2026 · 5 Island Ave, Belle Isle, Miami Beach FL 33139

Property Details

Asking Price$485,000
Price per SqFt$511
Maintenance Fee$1,471 Monthly
Property Taxes$8,512 2026
Interior Space950 SqFt
Beds/Baths1/1
Year Built1967
MLS #A12118017

Location

Directions

From the listing

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!

Listed by Beycome of Florida LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,471
Property taxes$709
Per month$2,180

Maintenance $1,471 a month; taxes $8,512 for 2026. MLS figures, which may not be accurate.

Sales History for This Unit · Island Terrace Unit 12B

Sale ⇅Sold Price ⇅Asking Price ⇅Beds/Baths ⇅SqFt ⇅Closed Date ⇅

What Other Units Have Been Selling For at Island Terrace

4 units sold at Island Terrace in the last 12 months at an average of $524/SqFt · This unit (12B) is asking $511/SqFt

Below, the most recent sales most like this unit: units with the same bedroom count.

Unit ⇅Sold Price ⇅% of Ask ⇅Beds/Baths ⇅SqFt ⇅$/SqFt ⇅Closed Date ⇅

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at Island Terrace. Ask me about this residence, the line, or the building.

Listed by Beycome of Florida LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

More at Island Terrace

At Island Terrace, 7 units are for sale and 4 sold in the last 12 months at an average of $524 per SqFt. Unit 12B asks $511 per SqFt, in line with the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

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