BreakThru Realty

5 Island Avenue LF, Miami Beach, FL 33139

$449,000 · Active

  • 1 bed
  • 1.5 baths
  • 950 sq ft
  • 3 days on market
  • Condominium
  • Built 1967
  • Updated/Remodeled
  • HOA $1,425/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A12115533
  • Island Terrace Condo
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About this home

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed SunsetHarbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed byrenowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combinesconvenience and privacy with direct access to the pool deck - no elevator needed. Filled with natural light, theapartment features generous living spaces, large volumes and a functional layout. The primary suite includes anensuite bathroom and a walk-in closet, complemented by a guest bathroom. Enjoy a unique indoor-outdoorlifestyle with your morning coffee just steps from the bay front. The building offers a waterfront pool with infinityviews of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas,24-hour front desk service and onsite management. Pet-friendly. A Venetian Island gem, with great walkability,just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks fromTrader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops & restaurants,and Lincoln Road!Includes 1 assigned parking space and hurricane-impact windows. An ideal primary residence or second homecombining location, comfort and lifestyle.

Features

  • Bar
  • Walk-In Closet(s)
  • Balcony
  • Bayfront

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Marine Aude Karine Rivierre

BeachesMLS logo 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 LF.

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 LF

How much is 5 Island Avenue LF?
5 Island Avenue LF 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 LF?
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 LF?
The listing reports annual property taxes of $6,309 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 LF built?
5 Island Avenue LF was built in 1967 and the listing describes its condition as resale updated/remodeled. 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 LF been on the market?
5 Island Avenue LF has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5 Island Avenue LF 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 LF?
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 5 Island Avenue 5A, Miami Beach, FL 33139 is comparable and listed for sale at $459,000. Another comparable condo, 711 14th Street 4, Miami Beach, FL 33139, sold for $450,000 in November 2026. Other Miami Beach neighborhoods include Flamingo Park and Collins Park. 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.