Island Terrace Unit 5A For Sale
Property Details
| Asking Price | $459,000 |
|---|---|
| Price per SqFt | $483 |
| Maintenance Fee | $1,536 Monthly |
| Property Taxes | Not yet assessed |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1967 |
| MLS # | A12117897 |
Location
From the listing
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!
Listed by The Source Real Estate
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,536 a month. MLS figures, which may not be accurate.
Sales History for This Unit · Island Terrace Unit 5A
Sales history is unavailable for this property
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 (5A) is asking $483/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 15A | $440,000$463/SqFt | 93% | 9/15/26 |
| 15G | $575,000$605/SqFt | 91% | 4/28/26 |
| 4E | $485,000$511/SqFt | 97% | 12/29/25 |
| 4F | $456,250$480/SqFt | 91% | 6/20/25 |
| 4K | $450,000$662/SqFt | 100% | 4/15/25 |
| 14G | $618,000$651/SqFt | 97% | 1/7/25 |
| 16E | $570,000$600/SqFt | 97% | 5/15/24 |
| 9F | $650,000$684/SqFt | 96% | 5/15/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by The Source Real Estate. 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.
Ask Mark About This Listing
Mark is not available at the moment, but he usually responds quickly.
Island Terrace Unit 5A, 5 Island Ave · MLS A12117897 · $459,000
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 5A asks $483 per SqFt, below 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.