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  3. Miami Beach, FL
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  5. 5 Island Ave
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5 Island Ave

5 Island Ave, Miami Beach, FL, 33139

YEAR BUILT

1967

# STORIES

15

# TOTAL UNITS

167

UNIT SIZE RANGE

680-1,900 sqft

Description

5 Island Ave sits in Miami Beach, close to Collins Avenue and 41st Street. The building enjoys waterfront views of the Atlantic Ocean. Constructed in 1967, this high-rise has 15 stories with 167 units. The views include the bay, skyline, and ocean, making it visually appealing. Unit sizes range from 680 to 1,900 square feet. The building offers 1, 2, and 4-bedroom options. Prices for units fall between $1,350,000 and $1,463,000. Average closed prices are around $737,450, with an average price per square foot of $686. Recently sold units start at $450,000. Residents enjoy many amenities, including a heated bayfront pool and fitness center. A private beach pavilion, barbecue area, and community room are also available. For convenience, there is a 24-hour concierge, assigned covered parking, and laundry facilities. Pet-friendly policies support a welcoming atmosphere. Floor-to-ceiling windows allow for plenty of natural light and offer breathtaking views. The building has impact windows to enhance safety. Storage units are available on site. Access to running and biking paths encourages outdoor activities, along with nearby parks and playgrounds. Nearby attractions include The Standard Hotel & Spa and dining at Savory Bakery & Cafe and Pb Steak. The location also has easy access to Sunset Harbour and Lincoln Road for shopping and entertainment. This blend of amenities and location ensures a lively, engaging community for all residents.

Building ImageMLS ID #A11731051
Building ImageMLS ID #A11693699
Building Image
Building ImageView Listing

5 Island Ave

5 Island Ave, Miami Beach, FL, 33139

YEAR BUILT

1967

# STORIES

15

# TOTAL UNITS

167

UNIT SIZE RANGE

680-1,900 sqft

Description

5 Island Ave sits in Miami Beach, close to Collins Avenue and 41st Street. The building enjoys waterfront views of the Atlantic Ocean. Constructed in 1967, this high-rise has 15 stories with 167 units. The views include the bay, skyline, and ocean, making it visually appealing. Unit sizes range from 680 to 1,900 square feet. The building offers 1, 2, and 4-bedroom options. Prices for units fall between $1,350,000 and $1,463,000. Average closed prices are around $737,450, with an average price per square foot of $686. Recently sold units start at $450,000. Residents enjoy many amenities, including a heated bayfront pool and fitness center. A private beach pavilion, barbecue area, and community room are also available. For convenience, there is a 24-hour concierge, assigned covered parking, and laundry facilities. Pet-friendly policies support a welcoming atmosphere. Floor-to-ceiling windows allow for plenty of natural light and offer breathtaking views. The building has impact windows to enhance safety. Storage units are available on site. Access to running and biking paths encourages outdoor activities, along with nearby parks and playgrounds. Nearby attractions include The Standard Hotel & Spa and dining at Savory Bakery & Cafe and Pb Steak. The location also has easy access to Sunset Harbour and Lincoln Road for shopping and entertainment. This blend of amenities and location ensures a lively, engaging community for all residents.

Next

Description

5 Island Ave sits in Miami Beach, close to Collins Avenue and 41st Street. The building enjoys waterfront views of the Atlantic Ocean. Constructed in 1967, this high-rise has 15 stories with 167 units. The views include the bay, skyline, and ocean, making it visually appealing. Unit sizes range from 680 to 1,900 square feet. The building offers 1, 2, and 4-bedroom options. Prices for units fall between $1,350,000 and $1,463,000. Average closed prices are around $737,450, with an average price per square foot of $686. Recently sold units start at $450,000. Residents enjoy many amenities, including a heated bayfront pool and fitness center. A private beach pavilion, barbecue area, and community room are also available. For convenience, there is a 24-hour concierge, assigned covered parking, and laundry facilities. Pet-friendly policies support a welcoming atmosphere. Floor-to-ceiling windows allow for plenty of natural light and offer breathtaking views. The building has impact windows to enhance safety. Storage units are available on site. Access to running and biking paths encourages outdoor activities, along with nearby parks and playgrounds. Nearby attractions include The Standard Hotel & Spa and dining at Savory Bakery & Cafe and Pb Steak. The location also has easy access to Sunset Harbour and Lincoln Road for shopping and entertainment. This blend of amenities and location ensures a lively, engaging community for all residents.

5 Island Ave Market Stats Last 12 months

Avg. Listed Price$711,143($649/Sqft.)

Avg. Sale Price$737,450($686/Sqft.)
Year over year list priceUp Arrow0.20%

Year over year sale priceUp Arrow 11.88%
Total Listings7 Listed

Total sold5 Sold
Average Days on Market154 days

Average HOA fees per sqft$1 /monthly
Next

Market Stats

Year over year list priceUp Arrow0.20%

Year over year sale priceUp Arrow11.88%
Total Listings7 Listed

Total sold5 Sold
Average Days on Market154 days

Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5 Island Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 15D15D133322432025-09-05
MLS#: A11846169
Closed$1,463,000
Unit 4B4B1900432102022-08-25
MLS#: A11151431
Closed$1,350,000
Unit 10C10C130522732022-06-27
MLS#: A11190096
Closed$1,050,000
Unit 10C
10C

2 Beds

2 Baths

1305 sqft


DateStatusPrice
2022-06-27Closed$1,050,000
MLS#: A11190096
Days On Market73
Unit 15D
15D

2 Beds

2 Baths

1333 sqft


DateStatusPrice
2025-09-05Closed$1,463,000
MLS#: A11846169
Days On Market43
Unit 4B
4B

4 Beds

3 Baths

1900 sqft


DateStatusPrice
2022-08-25Closed$1,350,000
MLS#: A11151431
Days On Market210
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

What’s not to love about the amenities at Island Terrace? Picture yourself lounging by the heated pool or enjoying a barbecue with friends while the sun shines down. You'll find an exercise room for those fitness enthusiasts and a library for quiet reading afternoons. Plus, there's a community room and clubroom where you can mingle with neighbors. For nature lovers, bike and jog paths await outside. And if you're a pet owner, you’ll be delighted to know that pets are welcome in this warm community! The vehicle wash area is a handy addition for those who love their cars just as much as their homes.

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Amenities Description

What’s not to love about the amenities at Island Terrace? Picture yourself lounging by the heated pool or enjoying a barbecue with friends while the sun shines down. You'll find an exercise room for those fitness enthusiasts and a library for quiet reading afternoons. Plus, there's a community room and clubroom where you can mingle with neighbors. For nature lovers, bike and jog paths await outside. And if you're a pet owner, you’ll be delighted to know that pets are welcome in this warm community! The vehicle wash area is a handy addition for those who love their cars just as much as their homes.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Barbeque

Barbeque

Barbecue

Barbecue

Exercise Room

Exercise Room

Bike Storage

Bike Storage

Pool

Pool

Community Room

Community Room

Private Pool

Private Pool

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Business Center

Business Center

Storage

Storage

Balcony

Balcony

Valet

Valet

Smoke Detector(s)

Smoke Detector(s)

Library

Library

Policies

Island Terrace maintains a cozy atmosphere with its pet-friendly policies, allowing cats and dogs up to 20 pounds. It's always great to know your furry friend can join you in your new home! The building gives you the flexibility to create your own haven, all while adhering to community standards.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5 Island Ave$686/sqft.$1 /sqft.
3 Island Ave$754/sqft.$1 /sqft.
9 Island Ave$825/sqft.$1 /sqft.
1 Century Ln$906/sqft.$1 /sqft.
11 Island Ave$814/sqft.$1 /sqft.
16 Island Ave$1,844/sqft.$1 /sqft.

Nearby Schools

Discover top-rated schools located close to 5 Island Ave.

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|1.24 miles away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.39 miles away

South Pointe Elementary School

B
Public|Grades PK–5
1050 4th St|1.52 miles away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|1.64 miles away

Mater Academy at Mount Sinai

A
Public|Grades KG–5
4300 Alton Rd|1.65 miles away

Mechina of South Florida

--
Private|Grades 7–12
4000 Alton Rd|1.86 miles away
Next

Schools

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|1.24 Miles Away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.39 Miles Away

South Pointe Elementary School

B
Public|Grades PK–5
1050 4th St|1.52 Miles Away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|1.64 Miles Away

Mater Academy at Mount Sinai

A
Public|Grades KG–5
4300 Alton Rd|1.65 Miles Away

Mechina of South Florida

--
Private|Grades 7–12
4000 Alton Rd|1.86 Miles Away

Tree of Knowledge Learning Academy

--
Private|Grades 1–12
2220 NE 203rd Ter|1.87 Miles Away

Tree of Knowledge

--
Private|Grades 7–12
4000 Alton Rd|1.87 Miles Away

St Patrick School

--
Private|Grades KG–8
3700 Garden Ave|1.90 Miles Away

Miami Children's Museum Charter School

A+
Public|Grades KG–5
980 MacArthur Cswy|1.92 Miles Away

Nautilus Middle School

C+
Public|Grades 6–8
4301 N Michigan Av...|2.13 Miles Away

North Beach Elementary School

A
Public|Grades PK–5
4100 Prairie Ave|2.20 Miles Away

Temple Beth Sholom Innovative School

--
Private|Grades PK–2
4144 Chase Ave Fl ...|2.22 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

17 ST & ALTON CT

0.51 miles away|10 min walk

20 ST & BAY RD

0.56 miles away|11 min walk

ALTON RD & LINCOLN RD

0.57 miles away|11 min walk

ALTON RD & 17 ST

0.57 miles away|11 min walk

ALTON RD & DADE BD

0.59 miles away|12 min walk

ALTON RD & 15 ST

0.62 miles away|12 min walk
Next

Transit

17 ST & ALTON CT

0.51 miles away|10 min walk

20 ST & BAY RD

0.56 miles away|11 min walk

ALTON RD & LINCOLN RD

0.57 miles away|11 min walk

ALTON RD & 17 ST

0.57 miles away|11 min walk

ALTON RD & DADE BD

0.59 miles away|12 min walk

ALTON RD & 15 ST

0.62 miles away|12 min walk

17 ST & LENOX AV

0.65 miles away|13 min walk

ALTON RD & 19 ST

0.65 miles away|13 min walk

ALTON RD & 14 ST

0.7 miles away|14 min walk

ALTON RD & 13 ST

0.77 miles away|15 min walk

17 ST & JEFFERSON AV

0.84 miles away|17 min walk

ALTON RD & N MICHIGAN AV

0.84 miles away|17 min walk

17 ST & MERIDIAN AV

0.88 miles away|17 min walk

ALTON RD & 11 ST

0.89 miles away|18 min walk

ALTON RD & 10 ST

0.96 miles away|19 min walk

ALTON RD & 9 ST

1.01 miles away|20 min walk

ALTON RD & 21 ST

1.02 miles away|20 min walk

17 ST & PENNSYLVANIA AV

1.03 miles away|20 min walk

17 ST & CONVENTION CENTER DR

1.04 miles away|21 min walk

ALTON RD & 8 ST

1.11 miles away|22 min walk

ALTON RD & 23 ST

1.13 miles away|22 min walk

17 ST & WASHINGTON AV

1.15 miles away|23 min walk

ALTON RD & 5 ST

1.28 miles away|25 min walk

ALTON RD & 27 ST

1.31 miles away|26 min walk

ALTON RD & 29 ST

1.34 miles away|26 min walk

COLLINS AV & 17 ST

1.37 miles away|27 min walk

5 ST & LENOX AV

1.4 miles away|27 min walk

COLLINS AV & 18 ST

1.4 miles away|27 min walk

5 ST & MICHIGAN AV

1.44 miles away|28 min walk

COLLINS AV & 20 ST

1.46 miles away|28 min walk

ALTON RD & # 2992

1.47 miles away|29 min walk

ALTON RD & 4 ST

1.47 miles away|29 min walk

COLLINS AV & 21 ST

1.5 miles away|29 min walk

5 ST & MERIDIAN AV

1.53 miles away|30 min walk

COLLINS AV & 22 ST

1.55 miles away|30 min walk

ALTON RD & NORTH BAY RD

1.62 miles away|31 min walk

COLLINS AV & 23 ST

1.64 miles away|32 min walk

ALTON RD & CHASE AV

1.66 miles away|32 min walk

ALTON RD & 2 ST

1.7 miles away|33 min walk

COLLINS AV & 24 ST

1.71 miles away|33 min walk

COLLINS AV & 26 ST

1.88 miles away|37 min walk

ATLANTIC WAY

1.88 miles away|37 min walk

ALTON RD & 39 ST

1.88 miles away|37 min walk

COLLINS AV & 27 ST

1.97 miles away|38 min walk

ALTON RD & 41 ST

1.97 miles away|38 min walk

ALTON RD@41 ST

1.98 miles away|38 min walk

41 ST & ALTON RD

1.98 miles away|39 min walk

41 ST & MERIDIAN AV

2.11 miles away|41 min walk

COLLINS AV & 31 ST

2.15 miles away|42 min walk

41 ST & PRAIRIE AV

2.19 miles away|42 min walk

The Neighbourhood: 5 Island Ave

Venetian Islands, nestled between Miami and Miami Beach, offer a serene escape with stunning waterfront views and luxurious residences. This exclusive enclave features beautiful, lush surroundings and is known for its elegant architecture and private, peaceful atmosphere. Residents enjoy proximity to the vibrant dining and shopping scenes of both Miami Beach and downtown Miami. With easy access to the Venetian Causeway, commuting is seamless, connecting directly to major thoroughfares and public transportation. The islands’ unique location provides the perfect blend of tranquility and convenience, making it a sought-after address.

Next

Neighbourhood Description

Venetian Islands, nestled between Miami and Miami Beach, offer a serene escape with stunning waterfront views and luxurious residences. This exclusive enclave features beautiful, lush surroundings and is known for its elegant architecture and private, peaceful atmosphere. Residents enjoy proximity to the vibrant dining and shopping scenes of both Miami Beach and downtown Miami. With easy access to the Venetian Causeway, commuting is seamless, connecting directly to major thoroughfares and public transportation. The islands’ unique location provides the perfect blend of tranquility and convenience, making it a sought-after address.

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5 Island Ave Demographics

Age Demographics

0–14 Years

8.97%

15–29 Years

19.81%

30–44 Years

37.85%

45–59 Years

20.15%

60+ Years

13.22%

Commute

6.58%

Transit

13.41%

Walk

44.41%

Drive

11.93%

Bike

Housing Ownership

23.19%

Owner Occupied

76.81%

Rental Units

Household Types

Single Family
12.18%
Multi Family
0.8%
Single Person
57.23%
Multi Person
42.77%

Average Income

Household:$6,487,702.1 /yr

Individual:$6,667,798.5 /yr

Education

Bachelors Degree30.92%
High School College15.77%
Diploma11.07%
Post Graduate20.26%
Others21.98%
Next

Education

Diploma11.07%
Post Graduate20.26%
Others21.98%
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  1. Home
  2. /Miami Beach, FL
  3. /
    5 Island Ave
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1700 79th Street CSWY STE#160,

North Bay VIllage, FL, 33141

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