5 Island Ave, Unit 12B

$525,000
Price
1
Bed
950 Sq. Ft.
$553 / Sq. Ft.
950
Sq. Ft.
$553
per Sq. Ft.

Description

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...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!

Property Details for 5 Island Avenue, Unit 12B

Subdivision Name
Island Terrace
Complex Name
Island Terrace
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay
Unit View
Bay
Waterfront Footage
Bay Front
LISTING UPDATED: 09/19/2025 07:00 PM

Property Details for 5 Island Avenue, Unit 12B

StatusActive
MLS #F10527281
Days on Market84
Taxes$8,115 / year
HOA Fees$1,558 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1967
CountyMiami-Dade County

Location

Listing Courtesy of DeBianchi Real Estate, LLC
Add your commute

Building Information for 5 Island Avenue, Unit 12B

Building/ComplexISLAND TERRACEFloor12Stories16Residences-Pet PolicyNot AllowedPet Policy Details-Year Built1967

Payment Calculator

$4,828 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,594

Property Taxes

$676

HOA Dues

$1,558

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Island Avenue, Unit 12B

General Information
General Information
  • Sq Ft Liv Area: 950.0
  • Pets Allowed: Yes
  • Pet Restrictions: No Aggressive Breeds
  • Township Range: 32
  • Street Number Numeric: 5
  • Street Name: Island Ave
  • County Or Parish: Miami-Dade County
  • Postal Code: 33139
  • City and Location Text: Miami Beach
  • Accessibility Features: Bar
  • Pets On Premises YN: No
  • Pet Fee: $0
  • City Postal ID: 33139
Maintenance / Tax Information
  • Maintenance Includes: Security, Trash Removal
  • Tax Amount: $8,115
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2024
Building Information
  • Property Detached: No
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Subdivision Complex Bldg: Island Terrace
  • Total Floors In Building: 16
  • Type of Governing Bodies: Homeowner Association
  • Type of Property: Condo
  • Year Built Numeric: 1967
  • Year Built Description: Resale
  • MLS Area: 32
Virtual Tour / Features / Utilities
Interior
  • Amenities: Pool
  • Room Count: 0
  • Equipment Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Floor Description: Tile Floors
  • Interior Features: Bar
  • Unit Design: Other
  • Unit Floor Location: 12
  • Flooring: Tile Floors
Exterior
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Construction: Concrete Block Construction
Room Information
  • Bedroom Description: Other
  • Beds Total: 1.0
  • Num of Full Baths: 1.0
  • Num of Half Baths: 0.0
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
Waterfront
  • Water Access: None
Parking
  • Parking Description: 1 Space
Utilities
  • Cooling Description: Central Cooling
  • Heating Description: No Heat
Property / Lot Information
Building Information
  • Type of Association: Condo
  • Num Garage Spaces: 1
  • Unit Number: 12B
  • Stories: 16
Community Information
  • Housing Older Persons Act: No HOPA
  • HOA Dues: $1,558
  • Assoc Fee Paid Per: Monthly
  • Gated Community YN: No
  • Association Deposit YN: Yes
  • Association Deposit Amount: 150
  • Property Management: No
Location Information
  • Area: 32
  • Municipal Code: 2
  • Parcel Number Free Text: 02-32-33-044-1010
  • Section: 33
  • State: FL
Lot Information
  • Land Lease Amount: $0
Rent Information
Rent Information
  • Application Fee: $100
  • Minimum Num of Days for Lease: 365
  • Rec Lease Month: $0
Rent Status
  • Other Fees: $100

Property History for 5 Island Avenue, Unit 12B

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Listed (Active)

GFLR #F10527281

$525,000
Oct 25, 2021

Sold (Public Record)

Public Record #1478208028

$390,000

+6.3% / yr

Oct 25, 2021

Sold

MiamiRE #A11010686

$390,000
Sep 9, 2021

Pending

MiamiRE #A11010686

Sep 9, 2021

Backup Contract

MiamiRE #A11010686

Aug 14, 2021

Listed (Active)

MiamiRE #A11010686

Aug 2, 2021

Pending

MiamiRE #A11010686

Jul 30, 2021

Backup Contract

MiamiRE #A11010686

May 27, 2021

Price Change

MiamiRE #A11010686

$440,000
Mar 8, 2021

Listed (Active)

MiamiRE #A11010686

$455,000
May 29, 2012

Sold

MiamiRE #A1610900

$220,000
May 17, 2012

Sold (Public Record)

Public Record #332842901

$220,000

-2.4% / yr

May 11, 2012

Pending

MiamiRE #A1610900

Feb 20, 2012

Listed (Active)

MiamiRE #A1610900

$250,000
Jun 23, 2011

Sold

MiamiRE #M1511555

$225,000
Jun 13, 2011

Sold (Public Record)

Public Record #311027853

$225,000

-11.0% / yr

May 31, 2011

Expired

MiamiRE #M1479475

May 28, 2011

Pending

MiamiRE #M1511555

Feb 28, 2011

Expired

MiamiRE #M1412547

Aug 23, 2010

Listed (Active)

MiamiRE #M1511555

$245,000
Aug 23, 2010

Listed (Active)

MiamiRE #M1412547

$275,000
Aug 23, 2010

Listed (Active)

MiamiRE #M1479475

$245,000
Sep 7, 2006

Sold

MiamiRE #D1099964

$400,000
Jun 30, 2006

Sold (Public Record)

Public Record #198740380

$400,000
Apr 28, 2006

Pending

MiamiRE #D1099964

Mar 1, 2006

Listed (Active)

MiamiRE #D1099964

$435,000
DateEvent & SourcePrice
09/19/2025

Listed (Active)

GFLR #F10527281

$525,000
10/25/2021

Sold (Public Record)

Public Record #1478208028

$390,000

+6.3% / yr

10/25/2021

Sold

MiamiRE #A11010686

$390,000
09/09/2021

Pending

MiamiRE #A11010686

09/09/2021

Backup Contract

MiamiRE #A11010686

08/14/2021

Listed (Active)

MiamiRE #A11010686

08/02/2021

Pending

MiamiRE #A11010686

07/30/2021

Backup Contract

MiamiRE #A11010686

05/27/2021

Price Change

MiamiRE #A11010686

$440,000
03/08/2021

Listed (Active)

MiamiRE #A11010686

$455,000
05/29/2012

Sold

MiamiRE #A1610900

$220,000
05/17/2012

Sold (Public Record)

Public Record #332842901

$220,000

-2.4% / yr

05/11/2012

Pending

MiamiRE #A1610900

02/20/2012

Listed (Active)

MiamiRE #A1610900

$250,000
06/23/2011

Sold

MiamiRE #M1511555

$225,000
06/13/2011

Sold (Public Record)

Public Record #311027853

$225,000

-11.0% / yr

05/31/2011

Expired

MiamiRE #M1479475

05/28/2011

Pending

MiamiRE #M1511555

02/28/2011

Expired

MiamiRE #M1412547

08/23/2010

Listed (Active)

MiamiRE #M1511555

$245,000
08/23/2010

Listed (Active)

MiamiRE #M1412547

$275,000
08/23/2010

Listed (Active)

MiamiRE #M1479475

$245,000
09/07/2006

Sold

MiamiRE #D1099964

$400,000
06/30/2006

Sold (Public Record)

Public Record #198740380

$400,000
04/28/2006

Pending

MiamiRE #D1099964

03/01/2006

Listed (Active)

MiamiRE #D1099964

$435,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Island Avenue, Unit 12B

Taxable ValueLand-Additions-Total-
Tax Record2024$8,366 ($697 / month)
Home Facts
Beds1Total Finished SqFt950 SqFtAbove Grade Finished SqFt950 SqFtStyleCondominiumYear Built1967Zoning4000:MULTI-FACountyMIAMI-DADEAPN02-3233-044-1010

Schools near 5 Island Avenue, Unit 12B

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Beach Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5 Island Avenue, Unit 12B is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on September 19, 2025 by DeBianchi Real Estate, LLC, it's currently listed at $525,000. It has been on the market for a total of 84 days and was last sold on October 25, 2021. This listing's school district is Miami-Dade County Public Schools. Nearby schools include North Beach Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 5 Island Avenue, Unit 12B is a 1-bed, 1-bath, 950 sqft condo built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of DeBianchi Real Estate, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.