$559,000

5 Island Ave Unit 8B Miami Beach, FL 33139

$6,638
Closing credit¹
1 bed
1 full, 1 partial
950 sqft
$588 / sqft
Condo

Property details

About 5 Island Ave Unit 8B

Beautifully appointed & remodeled 1 bedroom, 1.5-bathroom condo at Island Terrace, a boutique waterfront building on highly desired Belle Isle by Venetian Causeway, Miami Beach. Unit in great condition! Enjoy North, NE and West water views towards the bay, Miami, and Miami Beach from the open balcony with new impact door. Bathrooms are renovated modern. The kitchen has new LG appliances. Maintenance fee includes reserves, hot water, cable, internet, fully equipped exercise room, work from home space, 24/7 concierge, and pool - patio overlooking the bay with amazing views. Island Terrace was designed by famed architect Morris Lapidus. Just a 10-min. drive to Downtown. Walk to Lincoln Rd, Trader Joes, and more. Enjoy the wonderful park w/dog pk on Belle Isle.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size950 sqft
Year built1967
ParkingAssigned, One Space
MLS #A11676898
Garage1 space
WaterfrontBay Front
ViewBay, Water

Virtual tour

Summary

  • MLS Number: A11676898
  • MLS Name: SEFMIAMI
  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 667-4815
  • Office Email: charlette.seidel@floridamoves.com
  • Listing Agent: Lisa Fox

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$559,000

5 Island Ave Unit 8B

$6,638

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Fienberg/Fisher K-8 Center

Public District PK-5

1.1 mi

1420 Washington Ave

8

South Pointe Elementary School

Public District PK-5

1.4 mi

1050 4th St

8

Miami Children's Museum Charter School

Public Charter KG-5

1.7 mi

980 MacArthur Cswy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,868. Typical income of Miami Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
41%
35k-100k
32%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
24%
18-34 yrs old
57%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • H&MH&M
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 Island Ave Unit 8B

This home is located at 5 Island Ave Unit 8B in Miami Beach, FL and zip code 33139 in the Belle Isle neighborhood. This 950 square foot home was built in 1967. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $559,000.

In February 2025, from all listings sold in Miami Beach, FL there were more than 3 sold above asking price, over 87 sold below and more than 4 were sold right at the asked price. The number of listings in Miami Beach, FL increased by 12% between January and February 2025. While the average time on the market in February 2025 was 97 days, the median list price was $669,261.

From Rocket Homes Real Estate and based on county public records data.

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