$3,500
5 Island Avenue LE
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Estimated monthly payment
$18 /mo
Principal and interest only, based on $700 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,500
- Days on Site
- 0 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 950 sqft
- Year Built
- 1967
- Property Type
- Condo
- MLS #
- A12060994
- Subdivision
- ISLAND TERRACE CONDO
- County
- Miami Dade
- Status
- Active
About This Property
Spacious 1-bedroom, 1.5-bath residence on lanai level, featuring an updated kitchen and bathrooms, along with hurricane-impact glass for complete privacy. The unit includes 1 covered parking spot and a storage unit. Building amenities offer a bayside pool and fitness center. ideally located on Belle Isle near The Standard Spa, with easy access to Sunset Harbour, and the beach- all within walking distance.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1967
- Number of Stories
- 16
- Garage Spaces
- 1
- Parking
- Assigned / Covered
- Direction Faces
- South
- Living Sq Ft
- 950
Interior Features
- Appliances
- Dishwasher / Ice Maker / Microwave / Oven / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble
- Interior Features
- Closet Cabinetry / Living Dining Room / Pantry
- Windows
- Blinds
- Total Rooms
- 1
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- Frontage Length
- 0.00 ft
- View
- Pool
Community & HOA
- Association Amenities
- Elevators / Fitness Center / Other / Pool
- Security
- Gated With Guard / Lobby Secured / Smoke Detectors
- Pets Allowed
- No
- MLS Area
- 2320
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
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
Frequently Asked Questions
- How do I schedule a tour of 5 Island Avenue LE, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 5 Island Avenue LE, 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 LE, Miami Beach, FL 33139 still available?
- 5 Island Avenue LE, Miami Beach, FL 33139 is currently listed as Active. 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 LE, Miami Beach, FL 33139?
- With 20% down ($700) on the $3,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5 Island Avenue LE, Miami Beach, FL 33139 is about $18/mo, before property taxes, insurance. 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 LE, 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 LE, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5 Island Avenue LE, Miami Beach, FL 33139?
- 5 Island Avenue LE, 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 LE, Miami Beach, FL 33139?
- Often, yes. The right offer on 5 Island Avenue LE, 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 Brown Harris Stevens
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 August 1, 2026.
$3,500
Interested in This Property?
Contact us to schedule a showing or ask a question.
Listed by Lance Butnick, Brown Harris Stevens
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