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 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.
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 Key Stats Last 12 months
Avg. Listed Price$711,143($649/Sqft.)
Avg. Sale Price$737,450($686/Sqft.)
Year over year list price0.20%
Year over year sale price11.88%
Total Listings7 Listed
Total sold5 Sold
Average Days on Market154 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price0.20%
Year over year sale price11.88%
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.
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.
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
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Barbeque
Barbecue
Exercise Room
Bike Storage
Pool
Community Room
Private Pool
Fire Alarm
TV Camera
Laundry
Business Center
Storage
Balcony
Valet
Smoke Detector(s)
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
BBQ Permitted
Sublet 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 Name
Avg price per square foot
AVG 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
5 Island Ave is situated close to local schools in Venetian Islands, Miami Beach. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|1.12 miles away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.25 miles away
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|1.37 miles away
Rasg Hebrew Academy
--
Private|Grades PK–12
2400 Pine Tree Dr|1.48 miles away
Mater Academy at Mount Sinai
A
Public|Grades KG–5
4300 Alton Rd|1.48 miles away
Mechina of South Florida
--
Private|Grades 7–12
4000 Alton Rd|1.67 miles away
Schools
What to know about schools
Description
5 Island Ave is situated close to local schools in Venetian Islands, Miami Beach. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|1.12 Miles Away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.25 Miles Away
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|1.37 Miles Away
Rasg Hebrew Academy
--
Private|Grades PK–12
2400 Pine Tree Dr|1.48 Miles Away
Mater Academy at Mount Sinai
A
Public|Grades KG–5
4300 Alton Rd|1.48 Miles Away
Mechina of South Florida
--
Private|Grades 7–12
4000 Alton Rd|1.67 Miles Away
Tree of Knowledge Learning Academy
--
Private|Grades 1–12
2220 NE 203rd Ter|1.68 Miles Away
Tree of Knowledge
--
Private|Grades 7–12
4000 Alton Rd|1.68 Miles Away
St Patrick School
--
Private|Grades KG–8
3700 Garden Ave|1.71 Miles Away
Miami Children's Museum Charter School
A+
Public|Grades KG–5
980 MacArthur Cswy|1.73 Miles Away
Nautilus Middle School
C+
Public|Grades 6–8
4301 N Michigan Av...|1.91 Miles Away
North Beach Elementary School
A
Public|Grades PK–5
4100 Prairie Ave|1.97 Miles Away
Temple Beth Sholom Innovative School
--
Private|Grades PK–2
4144 Chase Ave Fl ...|2.00 Miles Away
Transit
Set in Venetian Islands, 5 Island Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
17 ST & ALTON CT
0.46 miles away|9 min walk
17 ST & CONVENTION CENTER DR
0.94 miles away|19 min walk
17 ST & JEFFERSON AV
0.76 miles away|15 min walk
17 ST & LENOX AV
0.58 miles away|12 min walk
17 ST & MERIDIAN AV
0.79 miles away|16 min walk
17 ST & PENNSYLVANIA AV
0.93 miles away|18 min walk
Transit
What to know about transit
Description
Set in Venetian Islands, 5 Island Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
Venetian Islands sit on a chain of small islands between Miami and Miami Beach. This district offers Biscayne Bay views and quick crossings to Downtown Miami. Pérez Art Museum Miami and Frost Museum of Science draw visitors. Jungle Island sits nearby and Miami Seaquarium opens on Virginia Key. Bayfront Park and Maurice A. Ferré Park offer lawns and waterfront paths. South Pointe Park offers beaches and picnic spots. Joe's Stone Crab and Smith & Wollensky serve seafood. Yardbird and Nikki Beach host outdoor dining. Clevelander and Broken Shaker serve drinks. Miami-Dade Transit buses, Metromover, and Metrorail move people to nearby hubs. Miami Water Taxi and Brightline give water and rail links for travelers. Marinas and boat ramps support private boats and charter services. Small shops, hotels, and mixed-use buildings line nearby edges of this district. Traffic and tourist flows rise during events and cruise calls at PortMiami. Kaseya Center hosts concerts and basketball games. Biscayne Lady offers bay cruises from nearby marinas. Small galleries and public art appear along some waterfront blocks. Hotels and rental homes provide short stay options to visitors. Most common age group is 30 to 34 and one-person households form the largest share.
Neighbourhood Description
Venetian Islands sit on a chain of small islands between Miami and Miami Beach. This district offers Biscayne Bay views and quick crossings to Downtown Miami. Pérez Art Museum Miami and Frost Museum of Science draw visitors. Jungle Island sits nearby and Miami Seaquarium opens on Virginia Key. Bayfront Park and Maurice A. Ferré Park offer lawns and waterfront paths. South Pointe Park offers beaches and picnic spots. Joe's Stone Crab and Smith & Wollensky serve seafood. Yardbird and Nikki Beach host outdoor dining. Clevelander and Broken Shaker serve drinks. Miami-Dade Transit buses, Metromover, and Metrorail move people to nearby hubs. Miami Water Taxi and Brightline give water and rail links for travelers. Marinas and boat ramps support private boats and charter services. Small shops, hotels, and mixed-use buildings line nearby edges of this district. Traffic and tourist flows rise during events and cruise calls at PortMiami. Kaseya Center hosts concerts and basketball games. Biscayne Lady offers bay cruises from nearby marinas. Small galleries and public art appear along some waterfront blocks. Hotels and rental homes provide short stay options to visitors. Most common age group is 30 to 34 and one-person households form the largest share.
This neighborhood indicates a good mix of people which makes it a good place for families. About 8.97% are children aged 0–14, 19.81% are young adults between 15–29, 37.85% are adults aged 30–44, 20.15% are in the 45–59 range and 13.22% are seniors aged 60 and above.
Commuting options are also varying where 44.41% of residents relying on driving, while others prefer public transit around 6.58%, walking around 13.41%, biking around 11.93%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.81% of units are rented and 23.19% are owner occupied.
The neighborhood offers different household types. About 12.18% are single family homes and 0.8% are multi family units. Around 57.23% are single-person households, while 42.77% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 30.92% of residents have bachelor’s degrees. Around 15.77% have high school or college education. Another 11.07% hold diplomas while 20.26% have completed postgraduate studies. The remaining are 21.98% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 8.97% are children aged 0–14, 19.81% are young adults between 15–29, 37.85% are adults aged 30–44, 20.15% are in the 45–59 range and 13.22% are seniors aged 60 and above.
Commuting options are also varying where 44.41% of residents relying on driving, while others prefer public transit around 6.58%, walking around 13.41%, biking around 11.93%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.81% of units are rented and 23.19% are owner occupied.
The neighborhood offers different household types. About 12.18% are single family homes and 0.8% are multi family units. Around 57.23% are single-person households, while 42.77% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 30.92% of residents have bachelor’s degrees. Around 15.77% have high school or college education. Another 11.07% hold diplomas while 20.26% have completed postgraduate studies. The remaining are 21.98% with other types of qualifications.
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%
Education
Diploma11.07%
Post Graduate20.26%
Others21.98%
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