How much is 5 Island Avenue 12B?

5 Island Avenue 12B is listed at $449,000, which is about $473 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 5 Island Avenue 12B?

The listing reports an association fee of $1,471 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 5 Island Avenue 12B?

The listing reports annual property taxes of $8,512 for 2026. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 5 Island Avenue 12B built?

5 Island Avenue 12B was built in 1967 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 5 Island Avenue 12B been on the market?

5 Island Avenue 12B has been listed for 4 days, and the asking price has been reduced from $485,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 5 Island Avenue 12B waterfront?

Yes. The listing describes the water as bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 5 Island Avenue 12B?

The MLS lists North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

5 Island Avenue 12B, Miami Beach, FL 33139

$449,000 · Active

1 bed
1 bath
950 sq ft
4 days on market
Condominium
Built 1967
HOA $1,471/mo
1 garage space
Miami-Dade County
MLS# A12118017
Island Terrace Condo

Photo 1 at 5 Island Avenue 12B, Miami Beach

Photo 2 at 5 Island Avenue 12B, Miami Beach

Photo 3 at 5 Island Avenue 12B, Miami Beach

Photo 4 at 5 Island Avenue 12B, Miami Beach

Photo 5 at 5 Island Avenue 12B, Miami Beach

Photo 6 at 5 Island Avenue 12B, Miami Beach

About this home

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!

Features

Built-in Features
Entrance Foyer
Elevator
Closet Cabinetry
Lighting
Other
Balcony
Bayfront

Schools

Elementary: North Beach
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Beycome of Florida LLC · contact@beycome.com · Listing agent: Steven Koleno

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5 Island Avenue 12B.

Before You Make an Offer

What to check before buying a condo

Own a Condo Like This One?

Condo buyers search by building, floor, view, floor plan and monthly cost, and the buyers working with BreakThru Realty tell us which buildings they want. If you own a unit in this building or one like it, a broker can compare it with those requirements before you list, and explain how the association's reserves, assessments and rules will shape the buyers you attract.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 5 Island Avenue 12B

How much is 5 Island Avenue 12B?: 5 Island Avenue 12B is listed at $449,000, which is about $473 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 5 Island Avenue 12B?: The listing reports an association fee of $1,471 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 5 Island Avenue 12B?: The listing reports annual property taxes of $8,512 for 2026. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 5 Island Avenue 12B built?: 5 Island Avenue 12B was built in 1967 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 5 Island Avenue 12B been on the market?: 5 Island Avenue 12B has been listed for 4 days, and the asking price has been reduced from $485,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5 Island Avenue 12B waterfront?: Yes. The listing describes the water as bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 5 Island Avenue 12B?: The MLS lists North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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A comparable condo, 711 14th Street 4, Miami Beach, FL 33139, sold for $450,000 in November 2026. Other Miami Beach neighborhoods include Collins Park and Nautilus. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.