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Slice RealtyPropiedad Futura

$458,000

1 bd · 2 ba · 950 sq ft · Condominium

5 Island Ave # 2F, Miami Beach FL 33139

For Sale · Active listing

Est. payment $2,316/mo · Mortgage calculator

Listed by Douglas Elliman / Barbara Estela

Contact: 786-239-4227 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

Experience elevated Miami living in this fully remodeled residence on prestigious Belle Isle, offering breathtaking bay and downtown skyline views. This immaculate 1-bedroom, 1 full bath + 1 half bath home blends modern elegance with effortless coastal living. Featuring an open-concept layout with high ceilings and abundant natural light, the residence showcases sophisticated finishes, warm wood flooring, and a bright, airy ambiance throughout. The designer kitchen is thoughtfully appointed with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into the living and dining spaces—perfect for both everyday living and entertaining. Located in an iconic Morris Lapidus building on the sought-after Venetian Islands, residents enjoy resort-style amenities including 24/7 front desk service, fitness center, waterfront pool, and assigned parking. Ideally situated just steps from The Standard Hotel and within walking distance to Sunset Harbour, top dining, boutique shopping, fitness studios, Publix, Trader Joe’s, and Lincoln Road. Whether as a primary residence, vacation retreat, or investment opportunity, this turnkey residence offers luxury, convenience, and the best of Miami living. Water, cable, and internet.

Facts
MLS #
A12025234
Subdivision
ISLAND TERRACE CONDO
Property type
Residential
Property subtype
Condominium
Sq. ft.
950
Price per sq. ft.
$482 / sq ft
Year built
1967
Days on market
135
County
Miami-Dade County
Date listed
May 27, 2026
Last updated
Oct 9, 2026
Financial considerations
HOA fee
$1,425 monthly
Taxes
$8,081 (2024)
HOA amenities
Bike Storage, Clubhouse-Clubroom, Laundry, Exercise Room, Pool
Exterior features
Waterfront
Yes
View
Water View
Construction
CBS Construction
Interior features
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
Window features
High Impact Windows, Impact Glass
Additional features
No Interior Features
Additional features
Pets allowed
No
Security
Smoke Detector, Doorman, Elevator Secure

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate shown is a default estimate. Confirm with your lender.

Loan amount$366,400
Total cost of mortgage$833,723
Monthly payment$2,316

Local context (our analysis)

1,887 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $704 per sq ft. This home asks $482 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 9, 2026, 1:31 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.