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$538,000
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Property Description
Experience stunning, unobstructed bay views from this beautifully renovated 1-bedroom, 1.5-bath home on Belle Island. Surrounded by green space, parks, waterfront paths, top restaurants, gyms, and boutiques, this spacious apartment offers true community living. Features include a large balcony, impact windows, top-of-the-line appliances, abundant natural light, and ample closet space, plus assigned parking and extra storage. Island Terrace, designed by famed architect Morris Lapidus, offers a bayfront pool, new gym, 24-hour front desk, and onsite management.
Full Property Details
Full Property Details for 5 Island Ave #15A
General
- Price: $538,000
- HOA FEE: $1,536/month
- Taxes: $9,470 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11937837
- Updated: 1/12/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator
- Appliances: Dishwasher, Disposal, Microwave
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Shower
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Bike Storage, Laundry, Elevator(s)
- Maint. Includes: Cable Tv, Common Area, Elevator, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Roof Repairs, Security, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure, Card Entry
Exterior
- Deck/Patio: Awning(s)
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: Island Terrace Condo
- County: Miami-Dade County
- Subdivision: ISLAND TERRACE CONDO
- Building Name: Island Terrace
School Information
- Elementary School: North Beach
Community
- Community Name: Island Terrace Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction, Brick, CBS Construction
- Entry Floor Number: 15
- Building Size: 950
- Square Feet: 950
- Living Area: 950 Sq. Ft.
- Year Built: 1967
Lot Features
- Property View: Bay, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $566.32
- Association Fee: $1,536
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,470
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: ISLAND TERRACE CONDO UNIT 15-A UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 10235-821 1178 1 COC 26387-4857 05 2008 1
- Restrictions: Ok To Lease, Other Restrictions
- Property ID: 02-32-33-044-1200
Listed by Compass Florida, LLC
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Schools
Schools serving 5 Island Ave #15A
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Island Ave #15A
Date
Details
Price
Change
Source
1/05/2026
Listed
$538,000
-4.78%
MLS
5/19/2022
Sold
$565,000
—
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 #15A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,470
10%
$509,855
12%
2023
$8,602
76%
$455,228
55%
2021
$4,888
-1%
$294,060
-3%
2022
$4,916
1%
$302,881
4%
2021
$4,888
2%
$290,000
1%
2019
$4,777
5%
$287,305
2%
2018
$4,530
1%
$281,948
2%
2017
$4,481
—
$276,149
2%
2016
$4,466
-2%
$270,470
—
2015
$4,558
8%
$270,470
30%
2014
$4,227
12%
$208,050
12%
2013
$3,778
—
$185,757
—
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 #15A
5 Island Avenue #15A, Miami Beach, FL 33139 (MLS# A11937837) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 5 Island Avenue #15A is currently listed for $538,000 and was received on January 05, 2026. Want to learn more about 5 Island Avenue #15A? 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.

