5 Island Ave, Unit 5J

$545,000
Price
1
Bed
985 Sq. Ft.
$553 / Sq. Ft.
985
Sq. Ft.
$553
per Sq. Ft.

Description

Best value on Belle Island! Rare corner 1BD/1.5BA (985 Sq. Ft.) featuring European kitchen with SS appliances & quartz counters, wood floors, custom closets, spa-like bath, powder room, spacious terrace with bay/park views, and brand-new impact windows. Across from the Standard Hotel and walking distance to Sunset Harbour, Lincoln Rd, dining, fitness studios & markets. Easy access to Miami via Venetian Causeway. Must see! There is a special assessment of $633.54 that must be paid each month until...Best value on Belle Island! Rare corner 1BD/1.5BA (985 Sq. Ft.) featuring European kitchen with SS appliances & quartz counters, wood floors, custom closets, spa-like bath, powder room, spacious terrace with bay/park views, and brand-new impact windows. Across from the Standard Hotel and walking distance to Sunset Harbour, Lincoln Rd, dining, fitness studios & markets. Easy access to Miami via Venetian Causeway. Must see! There is a special assessment of $633.54 that must be paid each month until January 2028.

Property Details for 5 Island Avenue, Unit 5J

Subdivision
ISLAND TERRACE CONDO
Complex Name
ISLAND TERRACE
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay, Garden View, Other View
Unit View
Bay, Garden View, Other View
Area
32
LISTING UPDATED: 09/03/2025 10:03 AM

Property Details for 5 Island Avenue, Unit 5J

StatusActive
MLS #A11866702
Days on Market107
Taxes$8,515 / year
HOA Fees$1,582 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1967
CountyMiami-Dade County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 5 Island Avenue, Unit 5J

Building/ComplexISLAND TERRACEFloor5Stories16Residences-Pet PolicyNot AllowedPet Policy Details-Year Built1967

Payment Calculator

$4,985 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,693

Property Taxes

$710

HOA Dues

$1,582

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Island Avenue, Unit 5J

Location Information
Schools
  • Elementary School: North Beach
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Location Information
  • Parcel Number Free Text: 02-32-33-044-0380
  • Parcel Number MLX: 0380
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 33
  • Subdivision Number: 44
  • Subdivision Complex Bldg: ISLAND TERRACE
  • Unit Floor Location: 5
  • Total Floors In Building: 16
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Assigned Parking
General Information
  • Front Exposure: East
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Corner Unit, High Rise
  • Water Access: None
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Wood Floors
  • Floor Description: Wood Floors
  • Security Information: Doorman, Elevator Secure, Garage Secured
Room Information
Room Information
  • Bedroom Description: None
  • Master Bathroom Description: Dual Sinks, Shower Only
  • Master Bath Features: Dual Sinks, Shower Only
  • Dining Description: Dining/Living Room
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Cooking Island
  • Equipment Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector
  • Windows Treatment: Blinds/Shades
  • Exterior Features: Open Balcony
  • Maintenance Includes: Cable Tv, Hot Water, Landscaping/Lawn Maintenance, Pest Control Interior
  • Amenities: Bike Storage, Exercise Room, Heated Pool, Pool
Financial Information
Financial Information
  • Assumable: No
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: As Is
  • Special Assessment: Yes
Rental Information
Rent Information
  • Approval Information: 3-4 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 5 Island Avenue, Unit 5J

DateEvent & SourcePriceAppreciation
Aug 28, 2025

Listed (Active)

MiamiRE #A11866702

$545,000
Mar 7, 2022

Sold

MiamiRE #A10801043

$517,500
Dec 28, 2021

Pending

MiamiRE #A10801043

Dec 28, 2021

Backup Contract

MiamiRE #A10801043

Jun 14, 2021

Price Change

MiamiRE #A10801043

$525,000
Jun 14, 2021

Listed (Active)

MiamiRE #A10801043

May 19, 2021

Temp Off Market

MiamiRE #A10801043

Mar 9, 2021

Listed (Active)

MiamiRE #A10801043

Mar 7, 2021

Temp Off Market

MiamiRE #A10801043

Sep 8, 2020

Price Change

MiamiRE #A10801043

$469,000
Aug 24, 2020

Price Change

MiamiRE #A10801043

$473,000
Aug 14, 2020

Price Change

MiamiRE #A10801043

$475,000
Aug 10, 2020

Price Change

MiamiRE #A10801043

$479,000
Jul 21, 2020

Price Change

MiamiRE #A10801043

$480,000
Jan 11, 2020

Listed (Active)

MiamiRE #A10801043

$485,000
DateEvent & SourcePrice
08/28/2025

Listed (Active)

MiamiRE #A11866702

$545,000
03/07/2022

Sold

MiamiRE #A10801043

$517,500
12/28/2021

Pending

MiamiRE #A10801043

12/28/2021

Backup Contract

MiamiRE #A10801043

06/14/2021

Price Change

MiamiRE #A10801043

$525,000
06/14/2021

Listed (Active)

MiamiRE #A10801043

05/19/2021

Temp Off Market

MiamiRE #A10801043

03/09/2021

Listed (Active)

MiamiRE #A10801043

03/07/2021

Temp Off Market

MiamiRE #A10801043

09/08/2020

Price Change

MiamiRE #A10801043

$469,000
08/24/2020

Price Change

MiamiRE #A10801043

$473,000
08/14/2020

Price Change

MiamiRE #A10801043

$475,000
08/10/2020

Price Change

MiamiRE #A10801043

$479,000
07/21/2020

Price Change

MiamiRE #A10801043

$480,000
01/11/2020

Listed (Active)

MiamiRE #A10801043

$485,000

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

Public Records for 5 Island Avenue, Unit 5J

Taxable ValueLand-Additions-Total-
Tax Record2020$2,931 ($244 / month)
Home Facts
Beds1Total Finished SqFt985 SqFtAbove Grade Finished SqFt985 SqFtStyleCondominiumYear Built1967Year Renovated1967Zoning4000CountyMIAMI-DADEAPN0232330440380

Schools near 5 Island Avenue, Unit 5J

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.

Similar Homes

Similar Sold Homes

5 Island Avenue, Unit 5J is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on August 28, 2025 by Coldwell Banker Realty, it's currently listed at $545,000. It has been on the market for a total of 107 days and was last sold on March 7, 2022. 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 5J is a 1-bed, 2-bath, 985 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 Coldwell Banker Realty

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.