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$635,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
  • 950 Sq. Ft.
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Rarely available Lower Penthouse on Belle Isle offering jaw-dropping views of Biscayne Bay. This highly sought-after "G" Floor Plan in this charming Morris Lapidus boutique building features an oversized living room, spacious bedroom and walk-in closet. Enjoy tranquil bayfront pool days, a state-of-the-art gym, and endless vistas from your spacious terrace, day or night. Effortless condo living awaits in the heart of the island complemented by unrivaled proximity to The Standard Hotel & Spa, the Venetian Islands, Sunset Harbor Shops & Dining and more.

Full Property Details for 5 Island Ave #15G

General

  • Price: $635,000
  • HOA FEE: $1,536/month
  • Taxes: $9,565 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11957477
  • Updated: 2/2/2026
  • Added to Site: 18 day(s) ago

Interior

  • Interior Features: First Floor Entry
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Clay, Other, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Combination Tub & Shower

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bike Storage, Community Room, Elevator(s), Pool
  • Maint. Includes: All Amenities, Common Area, Elevator, Parking, Pool Service, Sewer, Trash Removal, Water
  • Security/Safety: Doorman, Card Entry

Exterior

  • Exterior Features: East Of Us1, Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Carports: Yes
  • Covered Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Assigned

Location

  • Area: Island Terrace Condo
  • County: Miami-Dade County
  • Subdivision: ISLAND TERRACE CONDO
  • Building Name: Island Terrace Condo
  • Driving Directions: Island Terrace at 5 Island Avenue - across from the Standard Hotel & Spa.

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: Electric
  • Heating Type: Electric

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: 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, Intracoastal View, Water View

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $668.42
  • Association Fee: $1,536
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $9,565
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: ISLAND TERRACE CONDO UNIT 15-G UNDIV.6481% INT IN COMMON ELEMENTS CLERKS FILE 74R-239278 OR 20721-2199 0102 1
  • Restrictions: Ok To Lease
  • Inclusions: Community Boat Dock
  • Property ID: 02-32-33-044-1260

Listed by Engel & Voelkers West Palm Beach

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Listing agent

— 5 Island Ave #15G —

  • Engel & Voelkers West Palm Beach

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Island Ave #15G

School District:Dade County School District
NameGradesDistance
North Beach Elementary School
4100 Prairie Avenue, Miami Beach, FL 33140
PK-52 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-81.9 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.2 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 #15G Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Listed
$635,000
5.83%
MLS
5/25/2022
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
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 for 5 Island Ave #15G

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,470
10%
$509,855
12%
2023
$8,602
46%
$455,228
50%
2021
$5,879
-8%
$304,500
-13%
2022
$6,394
9%
$350,175
21%
2021
$5,879
-3%
$290,000
-7%
2019
$6,042
2%
$311,800
—
2018
$5,917
7%
$312,903
3%
2017
$5,544
7%
$302,682
17%
2016
$5,201
4%
$258,599
10%
2015
$5,021
15%
$235,090
10%
2014
$4,373
11%
$213,719
10%
2013
$3,951
—
$194,290
—
View All
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 for 5 Island Ave #15G

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Engel & Voelkers West Palm Beach

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5 Island Ave #15G, Miami Beach, FL 33139 (MLS# A11957477) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 5 Island Ave #15G is currently listed for $635,000 and was received on February 02, 2026. Want to learn more about 5 Island Ave #15G? 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.

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