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  1. Home/
  2. Miami Beach, FL/
  3. 5 Island Ave

5 Island Ave

5 Island Ave, Miami Beach, FL, 33139

0 Units for Sale

Outdoor patio table with cheese, grapes, and champagne overlooking a waterfront cityscape.View Listing
MLS ID #A11693699
Outdoor patio table with cheese, grapes, and champagne overlooking a waterfront cityscape.View ListingMLS ID #A11693699
View from a terrace overlooking a bay with sailboats and distant cityscape.View ListingMLS ID #A11731051
Front view of multi-story apartment buildings by the waterfront.View ListingMLS ID #A11741120
A balcony view overlooking a large body of water with city skyline in the distance.View ListingMLS ID #A11693699
YearBuilt

Year Built

1967

Stories

# Stories

15

#TotalUnits

# Total Units

161
UnitSizeRange

Unit Size Range

680-1,900 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About 5 Island Ave

Island Terrace is a 15-story condominium building completed in 1967, featuring a range of unit configurations, including 1, 2, and 4-bedroom options. The property boasts waterfront views, enhancing its appeal for those seeking a premium location. Unit prices range from $1,100,000 to $1,350,000, reflecting the building's desirable features. Amenities at Island Terrace are extensive, including a heated pool, private beach pavilion, and a clubhouse with a clubroom. Residents have access to a bike/jog path, exercise room, library, and a community room. Additional facilities include a billiard room, business center, vehicle wash area, and multiple elevators for convenience. The building also offers laundry facilities to accommodate residents' needs. The surrounding environment features scenic waterfront areas, promoting outdoor activities and relaxation. Island Terrace presents an opportunity for individuals looking for modern urban living combined with exceptional amenities in a prime location.

Outdoor patio table with cheese, grapes, and champagne overlooking a waterfront cityscape.View Listing
MLS ID #A11693699
Outdoor patio table with cheese, grapes, and champagne overlooking a waterfront cityscape.View ListingMLS ID #A11693699
View from a terrace overlooking a bay with sailboats and distant cityscape.View ListingMLS ID #A11731051
Front view of multi-story apartment buildings by the waterfront.View ListingMLS ID #A11741120
A balcony view overlooking a large body of water with city skyline in the distance.View ListingMLS ID #A11693699

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.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building 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 AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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5 Island Ave Market Report (last 12 months)

Avg. List Price
$550,212 ($556/Sqft.)
Year-Over-Year List Price
Down Arrow 17.86%
Total Listings
Listings9
Avg. Days On Market
Calendar181
Avg. Sale Price
$556,063 ($583/Sqft.)
Year-Over-Year Sale Price
Down Arrow 15.64%
Total Sold
Sold4
Avg. HOA Fees/Sqft
$1 /monthly

Demographics For all Venetian Islands listings

AVERAGE RESIDENT AGE

38 years old

AVERAGE HOUSEHOLD INCOME

$81,621/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about Venetian Islands demographics:

  • Approximately 35.91% of adults in the Venetian Islands hold a post-graduate degree.
  • The average age of residents is around 38 years.
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Living in 5 Island Ave

Condo Living at Island Terrace, located at 5 ISLAND AVE, MIAMI BEACH, FL:

Are you a first-time buyer dreaming of the perfect condo in Miami Beach? Look no further than Island Terrace, a charming building that perfectly combines comfort, community, and coastal living. Built in 1967, this 15-story gem offers you a slice of paradise in one of the most vibrant cities in Florida. With its inviting atmosphere and contemporary amenities, Island Terrace stands as a beacon for young professionals and small families looking to invest in their first home.

Building Features and Unit Availability:

With a total of 160 units, Island Terrace varies in size from cozy 680-square-foot spaces to more spacious 1,900-square-foot residences. Although there are currently no units available, its popularity and desirable location make it a sought-after spot for future listings. It's an excellent choice if you're looking to be part of a community that blends style with substance.

Life at Island Terrace:

Living at Island Terrace means embracing a vibrant lifestyle. Whether you're taking a morning jog along the beach or enjoying evenings with friends at the clubhouse, there’s always something to do. The community fosters friendliness, a safe environment, and plenty of opportunities for connection. It feels less like an apartment and more like a neighborhood, making it perfect for those looking to plant roots in Miami Beach.

  1. Home/
  2. Miami Beach, FL/
  3. 5 Island Ave
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