How much is 5 Island Avenue 2F?

5 Island Avenue 2F is listed at $475,000, which is about $500 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 2F?

The listing reports an association fee of $1,425 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 2F?

The listing reports annual property taxes of $8,081 for 2024. 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 2F built?

5 Island Avenue 2F 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 2F been on the market?

5 Island Avenue 2F has been listed for 119 days, and the asking price has been reduced from $499,995. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 5 Island Avenue 2F waterfront?

Yes. The listing describes the water as ocean access other. 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 2F?

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 2F, Miami Beach, FL 33139

$475,000 · Active

1 bed
2 baths
950 sq ft
Condominium
Built 1967
HOA $1,425/mo
MLS# A12025234
Island Terrace Condo

Photo 1 at 5 Island Avenue 2F, Miami Beach

Photo 2 at 5 Island Avenue 2F, Miami Beach

Photo 3 at 5 Island Avenue 2F, Miami Beach

Photo 4 at 5 Island Avenue 2F, Miami Beach

Photo 5 at 5 Island Avenue 2F, Miami Beach

Photo 6 at 5 Island Avenue 2F, Miami Beach

Photo 7 at 5 Island Avenue 2F, Miami Beach

Photo 8 at 5 Island Avenue 2F, Miami Beach

About this home

Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.

Features

Ocean Access
Other

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · Listing agent: Barbara Estela

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5 Island Avenue 2F.

Questions About 5 Island Avenue 2F

How much is 5 Island Avenue 2F?: 5 Island Avenue 2F is listed at $475,000, which is about $500 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 2F?: The listing reports an association fee of $1,425 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 2F?: The listing reports annual property taxes of $8,081 for 2024. 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 2F built?: 5 Island Avenue 2F 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 2F been on the market?: 5 Island Avenue 2F has been listed for 119 days, and the asking price has been reduced from $499,995. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5 Island Avenue 2F waterfront?: Yes. The listing describes the water as ocean access other. 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 2F?: 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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The 1 bedroom condo at 1800 Collins Avenue 11B, Miami Beach, FL 33139 is comparable and listed for sale at $495,000. Another comparable condo, 5 Island Avenue 15A, Miami Beach, FL 33139, sold for $440,000 in September 2026. Other Miami Beach neighborhoods include Venetian Islands and South of Fifth. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.