5 Island Avenue 5A, Miami Beach, FL 33139

$420,000 · Active

  • 1 bed
  • 2 baths
  • 950 sq ft
  • Condominium
  • Built 1967
  • HOA $1,536/mo
  • MLS# A12007416
  • Island Terrace Condo
Photo 1 at 5 Island Avenue 5A, Miami BeachPhoto 2 at 5 Island Avenue 5A, Miami BeachPhoto 3 at 5 Island Avenue 5A, Miami BeachPhoto 4 at 5 Island Avenue 5A, Miami BeachPhoto 5 at 5 Island Avenue 5A, Miami BeachPhoto 6 at 5 Island Avenue 5A, Miami BeachPhoto 7 at 5 Island Avenue 5A, Miami BeachPhoto 8 at 5 Island Avenue 5A, Miami Beach

About this home

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.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Person to Person Realty Inc · Listing agent: Mayra Pupo

Schedule a showing

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

Questions About 5 Island Avenue 5A

How much is 5 Island Avenue 5A?
5 Island Avenue 5A is listed at $420,000, which is about $442 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 5A?
The listing reports an association fee of $1,536 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 5A?
The listing reports annual property taxes of $5,500 for 2025. 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 5A built?
5 Island Avenue 5A 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 5A been on the market?
5 Island Avenue 5A has been listed for 152 days, and the asking price has been reduced from $479,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5 Island Avenue 5A waterfront?
Yes. The listing describes the water as none 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 5A?
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 2 bedroom condo at 1460 Ocean Drive 407, Miami Beach, FL 33139 is comparable and listed for sale at $419,000. Another comparable condo, 5 Island Avenue 15A, Miami Beach, FL 33139, sold for $440,000 in September 2026. Other Miami Beach neighborhoods include Bayshore and Normandy Isles. 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.