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$525,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 1 Bed
  • 1 Full Bath
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With spectacular water views and 950 square feet of living space, unit 12B is a large one bedroom, one bath featuring a recently updated kitchen, beautiful flooring, and an immense amount of natural light. Location is also key, as you'll be walking distance to the finest Miami Beach restaurants, Fresh Market, Trader Joe's and more. Plus, you're minutes away from the beach, Downtown Miami, the Design District and Wynwood. The building, designed by famous architect Morris Lapidus and situated across from the world renowned Standard Spa, includes a waterfront pool deck, fitness center, 24h doorman & laundry facility on the 12th floor. The perfect Miami Beach condo does exist!

Full Property Details for 5 Island Ave #12B

General

  • Price: $525,000
  • Taxes: (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Ft_Lauderdale
  • MLS ID: F10527281
  • Updated: 9/19/2025
  • Added to Site: 120 day(s) ago

Interior

  • Interior Features: Bar
  • Appliances: Dishwasher, Microwave, Refrigerator, Self-Cleaning Oven, Smoke Detector
  • Flooring: Tile Floors

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Other

Additional Information

  • Amenities: Pool
  • Security/Safety: Doorman

Exterior

  • Exterior Features: Open Balcony

Parking

  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking: 1 Space

Location

  • Area: 32
  • County: Miami-Dade County
  • Subdivision: Island Terrace
  • Complex: Island Terrace

Community

  • Pets Allowed: Yes
  • Pet Restrictions: No Aggressive Breeds

Heating & Cooling

  • Cooling Type: Central Cooling
  • Heating Type: No Heat

Structural Information

  • Architectural Style: Condo 5+ Stories
  • Construction: Concrete Block Construction
  • Living Area: 950 Sq. Ft.
  • Year Built: 1967

Water Features

  • Water Front: Yes
  • Water Access Desc: None

Financial Considerations

  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: ISLAND TERRACE CONDO UNIT 12-B UNDIV .6481% INT IN COMMON ELEMENTS CLERKS FILE 74R- 239278 OR 16150-2550 1193 5 COC 24707-2885 06 2006 1
  • Restrictions: Ok To Lease
  • Property ID: 02-32-33-044-1010

Listed by DeBianchi Real Estate, LLC

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Listing agents

— 5 Island Ave #12B —

  • DeBianchi Real Estate, LLC

  • DeBianchi Real Estate, LLC

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 #12B

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 #12B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/19/2025
Listed
$525,000
34.62%
MLS
10/25/2021
Sold
$390,000
—
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 #12B

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,366
10%
$500,009
12%
2023
$7,598
32%
$446,437
50%
2021
$5,766
-11%
$298,620
-13%
2022
$6,452
12%
$343,413
21%
2021
$5,766
-2%
$284,400
-6%
2019
$5,889
4%
$303,900
2%
2018
$5,653
7%
$297,782
2%
2017
$5,298
5%
$291,161
18%
2016
$5,048
6%
$246,101
10%
2015
$4,779
15%
$223,729
10%
2014
$4,162
11%
$203,390
10%
2013
$3,760
—
$184,900
—
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.

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

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NMLS#: 1598647

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Listed by DeBianchi Real Estate, LLC

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5 Island Ave, Unit #12B, Miami Beach, FL 33139 (MLS# F10527281) is a Condo / Townhouse property with 1 bedroom and 1 full bathroom. 5 Island Ave, Unit #12B is currently listed for $525,000 and was received on September 19, 2025. Want to learn more about 5 Island Ave, Unit #12B? Do you have questions about finding other Condo / Townhouse 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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