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- 5 Island Ave, Unit LE
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For Sale
Listed on October 23, 2025
Maintenance FeesMaint. fee
$1,559
Annual Tax
$2,581
Occupancy
Contact Agent
Year Built
1967
Stories
15
Days on market
1 day ago
Description
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.
Elite Miami Realty, LLC
Features & Details
Learn about the features and details of 5 Island Ave, Unit LE
Property Details
- Property TypeCondominium
- Living Area950 sqft
- Year Built1967
- Lot Size-
- Stories16 Stories
- Annual Tax$2,581.00
- List Date10/23/2025
- Updated10/23/2025
- Last CheckedRecent
- MLS Number#A11901357
- BrokerageElite Miami Realty, LLC
- Postal Code33139
- AreaMiami-Dade
- CityMiami Beach
Additional Property Features
- OccupancyCallAgent
- List Price$499,000.00
- Unit NumberLE
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeAssigned, Covered, One space
- Pets AllowedConditional,Yes
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolAssociation
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedWater
- Furnished
- Assessment Year2024
- AssignmentNo
- Extras IncludedDishwasher, Disposal, Ice maker, Microwave, Refrigerator, Self cleaning oven
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths1 Bed, 2 Bath
- Bedrooms1
- Full Bathrooms2
- EnsuiteYes
- Bathrooms2
- FlooringMixed
Price history
Learn about the price history of 5 Island Ave, Unit LE
Amenities
Discover the amenities available at 5 Island Ave, Unit LE
- Fitness center
- Pool
- Storage
- Elevators
Building details
Check more details about the Island Terrace building
Island Terrace condo
For sale: 8
|
For rent: 4
View Details
Real estate trends
View trends of price in Miami Beach over the last 12 months
Explore Miami-Dade
Learn about the area around 5 Island Ave, Unit LE
Mortgage Calculator
Estimate monthly payments for LE - 5 Island Ave
$0
20.0%
$499,000
1%
5.25%
10%
Estimated Monthly Payment
$2,392
Cash Flow Analysis
Mortgage Payment:
$2,392.2
Monthly Payment:
$4,166.28
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this exceptional condominium in the heart of Miami Beach. This well-appointed property offers 1 bedroom, 2 bathrooms, 950 square feet of living space. secure building access, central heating, Central Air. Originally built in 1967 in a 16-story building. Offered at $499,000.00 Residents will appreciate the excellent amenities including Fitness center, Pool, Storage, and Elevators. The property comes with Dishwasher, Disposal, Ice maker, Microwave, Refrigerator, Self cleaning oven. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About Island Terrace - 5 Island Ave, Unit LE
5 Island Ave, Unit LE, MLS® A11901357 has a size of 950 sqft.
There are 1 bedrooms and 2 bathrooms in this Condo at 5 Island Ave, Unit LE, MLS® A11901357.
Annual taxes for this home are $2,581 based on 2024 tax year reports.
The monthly maintenance fee covers water and parking for the unit.
The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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5 Island Ave, Unit LE
5 Island Ave, Unit LE