Rare first-floor residence on the exclusive Venetian Islands—one of only three ground-level residences in the building! This spacious 1BR/1.5BA, 950 SF home feels private and serene, with no need for an elevator. Features include marble floors, a large custom walk-in closet, updated kitchen and baths, and hurricane-impact glass offering total peace and quiet. The building, set directly on the bay, showcases a modern lobby, waterfront pool, and a fully equipped fitness center. Includes a covered parking space and storage unit. Peaceful island living in the heart of Miami Beach, with a park and the iconic The Standard hotel across the street. Furniture included in sale (optional). A rare offering combining privacy, luxury, and prime location.
For sale
$499,000
5 Island Ave APT LE, Miami Beach, FL 33139
1beds
950sqft
Est.:
Condominium
Built in 1967
-- sqft lot
$-- Zestimate®
$525/sqft
$1,559/mo HOA
What's special
Waterfront poolModern lobbyExclusive venetian islandsFully equipped fitness centerLarge custom walk-in closetMarble floorsHurricane-impact glass
- 48 days |
- 108 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: October 23, 2025 at 02:02pm
Listed by:
Elsie Gattas 305-951-5496,
Elite Miami Realty, LLC
Source: MIAMI,MLS#: A11901357
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
- Laundry: Laundry Room
Features
- Closet Cabinetry, Pantry, Walk-In Closet(s), Storage
- Flooring: Marble
- Doors: High Impact Doors
- Windows: Complete Impact Glass, Blinds
- Furnished: Yes
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space, Assigned, Covered, Limited # Of Vehicle
Accessibility
- Accessibility features: Accessible Entrance, Accessible Approach with Ramp, Accessible
Features
- Entry location: First Floor Entry
- Pool features: Association
- Has view: Yes
- View description: Pool, None
- Waterfront features: Seawall, Bay
- Frontage type: Bay/Harbor
Details
- Parcel number: 0232330440020
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1967
Community & HOA
Community
- Security: Smoke Detector, Doorman, Security Guard, Lobby Secured
- Subdivision: Island Terrace Condo
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fitness Center, Storage, Pool
- HOA fee: $1,559 monthly
- Application fee: $100
- Pet fee: $0
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $525/sqft
- Annual tax amount: $2,581
- Date on market: 10/23/2025
- Listing terms: All Cash,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Listed for rent | $4,000$4/sqft |
Source:  MIAMI #A11901403 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,913/mo
Principal & interest
$2414
HOA Fees
$1559
Other costs
$940
Climate risks
Neighborhood: Belle Isle
Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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