Stunning corner residence at Island Terrace with sweeping south and east views of Biscayne Bay and Belle Isle. This bright 2-bedroom, 2-bath home offers 1,302 SF with an open living/dining area, abundant natural light, and new paint and updated finishes. The spacious primary suite features ample closets and an updated bath. The second bedroom works perfectly for guests or a home office. Modern kitchen with updated appliances and plenty of storage.
Island Terrace is a full-service bayfront building with doorman, heated pool, fitness center, secure lobby, and assigned parking. HOA includes water, sewer, trash, cable, and reserves. Located in the heart of Belle Isle with easy proximity to The Standard, Sunset Harbour, parks, cafés, shops, and the beach.
Listed by Rebecca Patt
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License #3620188
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Avanti Way Realty LLC
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612-354-7400
Listed by Jennifer Wollmann
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License #0674769
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Avanti Way Realty LLC
Last updated November 18, 2025
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Source: MIAMIRE #A11845073
Listing Facts
TypeCondo
NeighborhoodBelle Isle
Bedrooms2
Bathrooms2
Days on Prevu120
HOA/Maint. Fees$2,055/month
Taxes$8,691/year
Size1,302 sqft
Price per sqft$499
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Bike Storage
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/19/2025
Price Decreased
$650,000
07/22/2025
Listed by Avanti Way Realty LLC
$700,000
Property Details for 5 Island Ave 4H
Association
Amenities
Association Amenities: Bike Storage, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $2,055.00 Monthly
Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Reserve Fund, Trash Removal
General
Number Of Units In Community: 120
Exterior
Construction
Number Of Units Total: 120
Property Attached: Yes
Stories Total: 16
Structure Type: Condo 5+ Stories, Condo
Year Built: 1967
Year Built Details: Condo-Conversion
Architectural Style: Corner Unit, High Rise
Building Name: Island Terrace
Construction Materials: CBS Construction
Entry Level: 4
Exterior Features: Open Balcony
Features
Patio And Porch Features: Open Balcony
View: Bay, Garden View, Skyline
Waterfront: Yes
Measurements
Building Area Total: 1,302
Building Area Units: Square Feet
Frontage Type: Bay
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-32-33-044-0270
Tax Annual Amount: $8,691.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
Flooring: Tile
Interior Features: Lobby, Other
Measurements
Living Area: 1,302
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Other
Location
Subdivision Name: ISLAND TERRACE CONDO
Parking
Parking
Parking Features: 1 Space, Assigned
Schools
Elementary School
Elementary School: North Beach
High School
High School: Miami Beach
Middle or Junior School
Middle Or Junior School: Nautilus
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Common Area
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.