$519,900
$15K PRICE DROP

Island Terrace 5 Island Ave Unit 6A Floor 6 Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated payment $4,322/month

Total Views 1,830
1 Bed
1.5 Baths
950 Sq Ft
$547 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Community Center
  • North Beach Elementary School Rated A-
  • Bay View
  • 2-minute walk to Belle Isle Park

About This Home

Welcome to Unit 6A at Island Terrace, a boutique building on the exclusive Venetian Islands designed by famed architect Morris Lapidus. This spacious 1-bedroom home features ample closet space, a convenient half bath for guests, a generously sized balcony, and abundant natural light. Enjoy resort-style amenities including a bayfront pool, a newly renovated gym, 24-hour front desk service, and bike storage. Just steps from The Standard Hotel, the shops and restaurants of Sunset Harbour, Lincoln Road, and the beach.

Listing Agent

Kirill Kim

Compass Florida, LLC License #3378878 Listed on: 06/23/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $712

Year Built

  • Built in 1967

HOA Fees

  • $1,536 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 950 Sq Ft Home
  • Blinds
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-044-0400

Community Details

Overview

  • 139 Units
  • High-Rise Condominium
  • Island Terrace Condo
  • Island Terrace Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Laundry Facilities
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$712

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,536 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 519900
  • InternetRemarks: This spacious 1-bedroom home features ample closet space, a convenient 1/2 bath for guests, a generously sized balcony, and abundant natural light.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Elevator, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 950
  • Stories: 15
  • Window Features: Blinds
  • Bedroom Features: Primary Bath Tub

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ISLAND TERRACE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1536
  • Amenities: Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-044-0400

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 712

Multi Family

  • Number Of Units In Community: 139
  • Number Of Units Total: 139

Map

About Island Terrace

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $712 $117,829 -- --
2024 $657 $114,509 -- --
2023 $657 $111,174 $0 $0
2022 $672 $107,936 $0 $0
2021 $648 $104,793 $0 $0
2020 $627 $103,347 $0 $0
2019 $585 $101,024 $0 $0
2018 $533 $99,141 $0 $0
2017 $539 $97,102 $0 $0
2016 $548 $95,105 $0 $0
2015 $1,061 $94,444 $0 $0
2014 $1,077 $93,695 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Price Changed $519,900 -2.8% $547 / Sq Ft
06/23/2025 06/23/25 For Sale $535,000 -- $563 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11827140

MIAMI REALTORS® MLS

APN: 02-3233-044-0400

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

5 Island Ave Unit 6A, Miami Beach, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Kirill Kim
Listing Agent
Kirill Kim
Section Image
Compass Florida, LLC
(786) 648-8967