$400,000

5 ISLAND AVE #6A, MIAMI BEACH, FL 33139

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

This home against Belle Isle

$421 per sq ft, 52% under the Belle Isle median
127 days on the market
Price cut $55,000 since it was listed at $455,000
$765 in property taxes (2025)
Waterfront
1 car garage

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

About this home

Oversized 950 sq ft 1BR/1.5BA at the Morris Lapidus designed Island Terrace on Belle Isle. Generous proportions, abundant in unit storage plus additional private storage, dedicated parking, and a private balcony with greenery, bay and downtown sunset views. In original condition and ready for your vision, this is an opportunity to create a truly special Miami Beach home in one of the area's most desirable neighborhoods. Island Terrace offers bayfront living with a waterfront pool, gym and full service building conveniences. Adjacent to Belle Isle Park, across from The Standard Spa, and just moments from Sunset Harbour's restaurants, shops and fitness studios, with Lincoln Road nearby. Exceptional space, location and potential on Belle Isle.

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 Coldwell Banker Realty. MLS# A12042469.

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

Listed June 29, 2026.

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