$458,000

5 ISLAND AVE #2F, MIAMI BEACH, FL 33139

1 bed1.5 baths950 sq ftCondo or villaBuilt 1967
Updated today, November 3, 2026

This home against Belle Isle

$482 per sq ft, 45% under the Belle Isle median
162 days on the market
Price cut $41,995 since it was listed at $499,995
$8,081 in property taxes (2024)
Waterfront
1 car garage

Belle Isle today: 28 homes for sale, median list price $999,500.

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.

Zoned schools

Elementary: North Beach Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Belle Isle Park, 0 mi
Beach: Miami Beach, 1.3 mi
Grocery: Trader Joe's, 0.4 mi

Distances from the center of Belle Isle, MIAMI BEACH.

Listing courtesy of Douglas Elliman. MLS# A12025234.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed May 25, 2026.

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