How much is 5 Island Avenue LE?

5 Island Avenue LE is listed at $459,000, which is about $483 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 LE?

The listing reports an association fee of $1,446 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 LE?

The listing reports annual property taxes of $2,665 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 LE built?

5 Island Avenue LE 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 LE been on the market?

5 Island Avenue LE has been listed for 145 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 5 Island Avenue LE 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 LE?

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 LE, Miami Beach, FL 33139

$459,000 · Active

1 bed
2 baths
950 sq ft
Condominium
Built 1967
HOA $1,446/mo
MLS# A12006110
Island Terrace Condo

Photo 1 at 5 Island Avenue LE, Miami Beach

Photo 2 at 5 Island Avenue LE, Miami Beach

Photo 3 at 5 Island Avenue LE, Miami Beach

Photo 4 at 5 Island Avenue LE, Miami Beach

Photo 5 at 5 Island Avenue LE, Miami Beach

Photo 6 at 5 Island Avenue LE, Miami Beach

Photo 7 at 5 Island Avenue LE, Miami Beach

Photo 8 at 5 Island Avenue LE, Miami Beach

About this home

Spacious 1-bedroom, 1.5-bath residence on lanai level, featuring an updated kitchen and bathrooms, along with hurricane-impact glass for complete privacy. The unit includes 1 covered parking spot and a storage unit. Building amenities offer a bayside pool and fitness center. ideally located on Belle Isle near The Standard Spa, with easy access to Sunset Harbour, and the beach- all within walking distance.

Features

Pantry
Closet Cabinetry
Storage
Balcony
Bayfront

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Brown Harris Stevens · Listing agent: Lance Butnick

Schedule a showing

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

Questions About 5 Island Avenue LE

How much is 5 Island Avenue LE?: 5 Island Avenue LE is listed at $459,000, which is about $483 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 LE?: The listing reports an association fee of $1,446 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 LE?: The listing reports annual property taxes of $2,665 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 LE built?: 5 Island Avenue LE 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 LE been on the market?: 5 Island Avenue LE has been listed for 145 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5 Island Avenue LE 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 LE?: 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.

Explore

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1800 Collins Avenue 11B, Miami Beach, FL 33139 · $495,000 · 1 bd · 1 ba · 917 sq ft
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Recently Sold Nearby

5 Island Avenue 15A, Miami Beach, FL 33139 · Sold $440,000 · 1 bd · 2 ba · 950 sq ft
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1500 Bay Road 1244s, Miami Beach, FL 33139 · Sold $508,000 · 1 bd · 1 ba · 731 sq ft
3 Island Avenue 09L, Miami Beach, FL 33139 · Sold $408,000 · 1 bd · 1 ba · 858 sq ft

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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 South Beach and Mid-Beach. 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.