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$900,000
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Property Description
Rarely available northwest corner residence at Island Terrace on Belle Isle. This 12th-floor 2-bedroom, 2-bath home features direct bay views, spectacular sunsets, and exceptional natural light from floor-to-ceiling hurricane-impact glass windows. Well maintained and ideally positioned overlooking a peaceful private park, the residence enjoys a prime Belle Isle location across from The Standard Hotel & Spa and just moments from Sunset Harbour's top restaurants, cafes, fitness studios, and boutiques. Designed by Morris Lapidus, Island Terrace is a full-service waterfront building with a 24-hour front desk, bayfront pool, kayak launch, bike and additional storage, assigned parking, onsite management, and a pet-friendly policy. A standout opportunity to enjoy iconic Miami Beach waterfront living.
Full Property Details
Full Property Details for 5 Island Ave #12C
General
- Price: $900,000
- HOA FEE: $1,923/month
- Taxes: $5,352 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12004266
- Updated: 4/20/2026
- Added to Site: 28 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Other Equipment/Appliances, Electric Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Bike Storage, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Other
- Maint. Includes: All Amenities, Building Exterior, Common Area, Insurance, Laundry Facilities, Outside Maintenance, Pest Control Interior, Pool Service, Reserve Fund, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Doorman, TV Camera
Exterior
- Exterior Features: Open Balcony, Other
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Assigned, Covered
Location
- Area: Island Terrace Condo
- County: Miami-Dade County
- Subdivision: ISLAND TERRACE CONDO
- Building Name: ISLAND TERRACE CONDO
School Information
- Elementary School: North Beach
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Island Terrace Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Detached
- Construction: CBS Construction
- Windows: Blinds, Other Windows
- Doors: High Impact Doors
- Entry Floor Number: 12
- Building Size: 1305
- Square Feet: 1,305
- Living Area: 1,305 Sq. Ft.
- Year Built: 1967
Lot Features
- Property View: Bay, Intracoastal View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $689.66
- Association Fee: $1,923
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,352
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: ISLAND TERRACE CONDO UNIT 12-C UNDIV .9082% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 17893-4468 1197 1
- Restrictions: Ok To Lease
- Inclusions: Other
- Property ID: 02-32-33-044-1020
Listed by One Sotheby's International Realty
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Schools
Schools serving 5 Island Ave #12C
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Beach Elementary School 4100 Prairie Avenue, Miami Beach, FL 33140 | PK-5 | 2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Island Ave #12C
Date
Details
Price
Change
Source
4/20/2026
Listed
$900,000
386.49%
MLS
12/05/1997
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 Island Ave #12C
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,358
—
$335,785
3%
2024
$5,358
3%
$326,322
3%
2023
$5,209
5%
$316,818
6%
2021
$4,976
-1%
$298,633
-3%
2022
$5,005
1%
$307,591
4%
2021
$4,976
4%
$294,510
2%
2019
$4,789
5%
$287,889
2%
2018
$4,541
1%
$282,522
2%
2017
$4,492
—
$276,712
2%
2016
$4,476
-1%
$271,021
1%
2015
$4,532
-2%
$269,138
1%
2014
$4,608
2%
$267,002
1%
2013
$4,532
—
$263,057
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 Island Ave #12C
5 Island Ave #12C, Miami Beach, FL 33139 (MLS# A12004266) is a Condo property with 2 bedrooms and 2 full bathrooms. 5 Island Ave #12C is currently listed for $900,000 and was received on April 20, 2026. Want to learn more about 5 Island Ave #12C? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

