Rare first-floor residence on the exclusive Venetian Islands—one of only three ground-level residences in the building! This spacious 1BR/1.5BA, 950 SF home feels private and serene, with no need for an elevator. Features include marble floors, a large custom walk-in closet, updated kitchen and baths, and hurricane-impact glass offering total peace and quiet. The building, set directly on the bay, showcases a modern lobby, waterfront pool, and a fully equipped fitness center. Includes a covered parking space and storage unit. Peaceful island living in the heart of Miami Beach, with a park and the iconic The Standard hotel across the street. Furniture included in sale (optional). A rare offering combining privacy, luxury, and prime location.
Listed by Elsie Gattas
·
License #3226194
·
Elite Miami Realty, LLC
·
305-951-5496
Last updated October 23, 2025
·
Source: MIAMIRE #A11901357
Listing Facts
TypeCondo
NeighborhoodBelle Isle
Bedrooms1
Bathrooms2
Days on Prevu27
HOA/Maint. Fees$1,559/month
Taxes$2,581/year
Size950 sqft
Price per sqft$525
Amenities
Dishwasher
Pets Allowed
Air Conditioning
Parking
Storage
Swimming Pool
Location
Mortgage Calculator
Listing History
10/23/2025
Listed by Elite Miami Realty, LLC
$499,000
Property Details for 5 Island Ave LE
Association
Amenities
Association Amenities: Elevator(s), Exercise Room, Storage, Pool
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $1,559.00 Monthly
Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Pool Service, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal, Water
Accessibility Features: Accessible Entrance, Accessible Approach With Ramp, Accessible
Location
Subdivision Name: ISLAND TERRACE CONDO
Parking
Parking
Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle
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: Utility Room/Laundry
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.
