5 Island Avenue Unit 2F, Miami Beach, FL 33139

$440,000 — Active

Property Features

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Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.

▼ Price Reduced — originally listed at $499,995

Property Details

  • Listing ID: A12025234
  • Status: Active
  • Listing Date: 2026-05-27
  • Property Type: Condominium
  • Unit / Building #: 2F
  • Subdivision: ISLAND TERRACE CONDO
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area Sq Ft: 950
  • Year Built: 1967

Financial

  • List Price: $440,000
  • Original List Price: $499,995
  • HOA Fee: $1,425/mo
  • Taxes: $8,081/yr

Features & Amenities

  • View: Water
  • Pets Allowed: No, No Restrictions
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Wood
  • Construction: CBS
  • Interior Features: None
  • Community Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool, Bike Storage, Maintenance

Courtesy of Douglas Elliman
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.