How do I schedule a tour of 5 Island Avenue 8H, Miami Beach, FL 33139?

Use the Tour button on this listing to request a showing of 5 Island Avenue 8H, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 5 Island Avenue 8H, Miami Beach, FL 33139 still available?

5 Island Avenue 8H, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 81 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5 Island Avenue 8H, Miami Beach, FL 33139?

With 20% down ($185,000) on the $925,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5 Island Avenue 8H, Miami Beach, FL 33139 is about $4,861/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5 Island Avenue 8H, Miami Beach, FL 33139?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5 Island Avenue 8H, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 5 Island Avenue 8H, Miami Beach, FL 33139 have an HOA fee?

Yes: 5 Island Avenue 8H, Miami Beach, FL 33139 carries an HOA fee of about $1,903 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 5 Island Avenue 8H, Miami Beach, FL 33139?

5 Island Avenue 8H, Miami Beach, FL 33139 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5 Island Avenue 8H, Miami Beach, FL 33139?

Often, yes. The right offer on 5 Island Avenue 8H, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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81 Days on Market

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$925,000

5 Island Avenue 8H

Miami Beach, FL 33139

ISLAND TERRACE CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $925,000
Price per sq ft: $710
Original price: Unchanged
Days on market: 81

This 2-bedroom condo in Island Terrace Condo is listed at $925,000, or $710 per square foot. It has been on the market for 81 days.

Bedrooms

Bathrooms

1,302

Living Sq Ft

1967

Year Built

Estimated monthly payment

$4,861 /mo

Principal and interest only, based on $185,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,903/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $925,000
Days on Site: 81 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,302 sqft
Total Sq Ft: 1,302 sqft
Year Built: 1967
Property Type: Condo
MLS #: A12048077
Property Tax: $11,978 (2026)
HOA Fees: $1,903 / Monthly
Subdivision: ISLAND TERRACE CONDO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Welcome to THE BAYFRONT MASTERPIECE that is 5 Island Ave.#8H. Newly Updated to the Highest Standards! This 5-Star Bayfront Condo is Ready for the Most Discerning Buyers. 5 Island Ave. is a Luxury Boutique Building in the Heart of SOBE Renowned for its Central Location and Peaceful Waterfront Lifestyle. Newly Updated Pool, Fitness Center and Common Areas Compliment the Designer Interior that Greet You as You Enter this STUNNING BAYFRONT South Beach Residence. Corner Apartment. Walking Distance to All That Makes SOBE the Envy of All Coastal Residents. If You Seek a Peaceful Waterfront Lifestyle in A Central SoBe Location, This Is for You!

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1967
Property Condition: Resale / Updated Remodeled
Number of Stories: 16
Garage Spaces: 1
Attached Garage: Yes
Parking: Assigned / Attached / Garage
Direction Faces: Southeast
Living Sq Ft: 1,302
Total Sq Ft: 1,302

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Terrazzo
Interior Features: Built In Features / Bedroom On Main Level / Closet Cabinetry / Living Dining Room / Separate Shower / Walk In Closets
Windows: Blinds / Sliding
Furnished: Unfurnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Lighting / Outdoor Living Area
Private Pool: Yes
Pool Features: Private / Association / Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / Other
View: Bay / Garden / Ocean

Community & HOA

HOA Fee: $1,903 / Monthly
HOA Includes: Common Areas / Cable Tv / Hot Water / Internet / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Bike Storage / Fitness Center / Maintenance Grounds / Management / Pool / Parking / Storage / Elevators
Security: Security System / Lobby Secured / Security Guard
Pets Allowed: Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2320

This home's HOA fee works out to $1,903 a month, 28% above the $1,491 median across 8 homes for sale in Island Terrace Condo. See Island Terrace Condo HOA fees

Schools

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

About the Community

Island Terrace

View Community Details →

Island Terrace Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $459,000 to $1,300,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Island Terrace and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 8
Median List Price: $469,500
Median $/Sq Ft: $494
Avg Days on Market: 102

View all 8 homes for sale in Island Terrace →

Frequently Asked Questions

How do I schedule a tour of 5 Island Avenue 8H, Miami Beach, FL 33139?: Use the Tour button on this listing to request a showing of 5 Island Avenue 8H, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5 Island Avenue 8H, Miami Beach, FL 33139 still available?: 5 Island Avenue 8H, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 81 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5 Island Avenue 8H, Miami Beach, FL 33139?: With 20% down ($185,000) on the $925,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5 Island Avenue 8H, Miami Beach, FL 33139 is about $4,861/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5 Island Avenue 8H, Miami Beach, FL 33139?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5 Island Avenue 8H, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5 Island Avenue 8H, Miami Beach, FL 33139 have an HOA fee?: Yes: 5 Island Avenue 8H, Miami Beach, FL 33139 carries an HOA fee of about $1,903 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5 Island Avenue 8H, Miami Beach, FL 33139?: 5 Island Avenue 8H, Miami Beach, FL 33139 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5 Island Avenue 8H, Miami Beach, FL 33139?: Often, yes. The right offer on 5 Island Avenue 8H, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Trust Group Realty LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 5, 2026.

$925,000

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Listed by Deanna Jurgens, Trust Group Realty LLC

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Recently sold homes in Island Terrace Condo

These are the last 5 recorded closings in Island Terrace Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $520 per square foot. The most recent closed on September 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.