Island Terrace Unit 5A For Sale
Property Details
| Asking Price | $420,000 |
|---|---|
| Price per SqFt | $442 |
| Maintenance Fee | $1,536 Monthly |
| Property Taxes | $5,500 2025 |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1967 |
| MLS # | A12007416 |
Location
From the listing
Discover waterfront living at its finest in this bright and spacious 1-bedroom, 1.5-bathroom condo at Island Terrace (Unit 5A) on Belle Isle in Miami Beach’s coveted Venetian Islands.Boasting approximately 950 square feet of open living space, this inviting residence features a functional layout with an eat-in kitchen, combined living/dining area, walk-in closets with ample storage, and a convenient half-bath for guests. Flooded with natural light and opening to a generous private balcony. Pool are offers stunning water views of Biscayne Bay and the glittering downtown Miami skyline—especially magical at night.The full-service, bayfront building delivers resort-style living with a heated waterfront pool overlooking the bay, a state-of-the-art fitness center, 24-hour doorman and secured lobby, kayak launch, bike storage, and elegant common areas. One assigned parking space is included, and the community is pet-friendly (with restrictions).Perfectly situated steps from the Venetian Causeway for biking or jogging, you’re moments from Sunset Harbour’s trendy shops, restaurants, and markets (Trader Joe’s, Whole Foods, Publix), plus easy access to South Beach, Lincoln Road, and all the vibrant energy of Miami Beach. Whether you’re seeking a primary residence, stylish second home, or smart investment, Unit 5A delivers the ultimate Miami Bayfront lifestyle with comfort, views, and convenience.
Listed by Person to Person Realty Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,536 a month; taxes $5,500 for 2025. 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 $442/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 Person to Person Realty Inc. 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
Island Terrace Unit 5A, 5 Island Ave · MLS A12007416 · $420,000
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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, 6 units are for sale and 4 sold in the last 12 months at an average of $524 per SqFt. Unit 5A asks $442 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.