5 Island Avenue, Unit LF

Miami Beach, FL 33139

$559,000
Price
1
Beds
1
Bath
1
1/2 Bath
950 Sq. Ft.
$588 / Sq. Ft.
950
Sq. Ft.
$588
per Sq. Ft.

Description

Modern and beautifully renovated 1B/1.5B with abundant natural light. This 1,100 square foot unit features 1 spacious master suite, one full and one-half bathroom, a generous living room, an oversized open kitchen with dining area to entertain your friends & family and a private balcony. One assigned parking space is included. Island Terrace is a famous Morris Lapidus residence located in the heart of Miami Beach, in Belle Isle at the Venetian Islands, right across the Standard Hotel and walking...Modern and beautifully renovated 1B/1.5B with abundant natural light. This 1,100 square foot unit features 1 spacious master suite, one full and one-half bathroom, a generous living room, an oversized open kitchen with dining area to entertain your friends & family and a private balcony. One assigned parking space is included. Island Terrace is a famous Morris Lapidus residence located in the heart of Miami Beach, in Belle Isle at the Venetian Islands, right across the Standard Hotel and walking distance to the popular Sunset Harbor shops, restaurants, pilates & yoga studios. Full amenities building including 24 hr concierge, exercise room & pool overlooking the bay. Assessment of $32,500 has been paid in full! Unit is located on the first floor and does not have water views. Easy to show!
  1. Listed by Charlotte Joncquiert • London Foster Realty

Property Details for 5 Island Avenue, Unit LF

Subdivision
ISLAND TERRACE CONDO
Complex Name
Island Terrace Condo
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Bay Front
View
Other View
Unit View
Other View
Furnished
Unfurnished

Location

Listing Courtesy of London Foster Realty
Add your commute
LISTING UPDATED: 04/29/2024 11:21 AM

Property Details for 5 Island Avenue, Unit LF

StatusActive
MLS #A11480765
Days on Market185
Taxes$4,107 / year
HOA Fees$1,268 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1967
CountyMiami-Dade County

Building

ISLAND TERRACE

16 StoriesBuilt in 1967

Location

Listing Courtesy of London Foster Realty
Add your commute

Building Information for 5 Island Avenue, Unit LF

Building/ComplexISLAND TERRACEFloor1Stories16Residences-Pet PolicyAllowedYear Built1967

Payment Calculator

$4,661 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,051

Property Taxes

$342

HOA Dues

$1,268

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Island Avenue, Unit LF

Location Information
Location Information
  • Parcel Number Free Text: 02-32-33-044-0030
  • Parcel Number MLX: 0030
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 33
  • Subdivision Number: 44
  • Subdivision Complex Bldg: Island Terrace Condo
  • Unit Floor Location: 1
  • Total Floors In Building: 16
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Assigned Parking
General Information
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Minimum Num of Days for Lease: 360
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Main Living Area: Entry Level
  • Unit Design: Other
  • Water Access: None
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Vinyl Floors
  • Floor Description: Vinyl Floors
  • Security Information: Doorman
Room Information
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level, Entry Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Unfurnished, Furniture Negotiable
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dishwasher, Electric Range, Refrigerator, Wall Oven
  • Exterior Features: Open Balcony
  • Maintenance Includes: Cable Tv, Common Area, Elevator, Hot Water, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Outside Maintenance, Parking, Security, Trash Removal, Water
  • Amenities: Common Laundry, Elevator, Exercise Room, Pool
Financial Information
Financial Information
  • Total Mortgage: $401,925
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2022
  • Tax Information: Tax Reflects Homestead Tax
  • Special Assessment: No
Rental Information
Furnished / Unfurnished
  • Additional Furnished Info: Furniture Negotiable
Rent Information
  • Approval Information: Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $200

Property History for 5 Island Avenue, Unit LF

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 Island Avenue, Unit LF

Taxable ValueLand-Additions-Total-
Tax Record2023$4,620 ($385 / month)
Home Facts
Beds1Total Finished SqFt950 SqFtAbove Grade Finished SqFt950 SqFtStyleCondominiumYear Built1967Zoning4000:MULTI-FACountyMIAMI-DADEAPN02-3233-044-0030

Schools near 5 Island Avenue, Unit LF

This home is within Miami-Dade.
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 LF is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on October 31, 2023 by London Foster Realty, it's currently listed at $559,000. It has been on the market for a total of 185 days and was last sold on February 1, 2023. This listing's school district is Miami-Dade. Nearby schools include North Beach Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 5 Island Avenue, Unit LF is a 1-bed, 1.5-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. 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 London Foster 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.