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ISLAND TERRACE
5 Island Ave, Miami Beach 33139
1967
Year Built
139
Units
CI Score
Moderate
6
For Sale
$492K
Avg Price
$576
Sale $/SF
4
For Rent
$3,975
Avg Rent
$4.51
Rent $/SF
+3.2%
YoY
For Sale
6
For Rent
4
Investor-Owned
41%
Avg HOA
$1,456.5/mo
Address
5 Island Ave, Miami Beach, 33139
Neighborhood
Miami Beach
Year Built
1967
Total Units
139
Avg Unit Sqft
1,045 SF
Tier
Premium
Avg $/SF
$575.94
Avg Rent
$3,975/mo
Rent $/SF
$4.51/SF
HOA Range
$1,425 – $1,923
Neighborhood Rank
Top 28%
Avg Unit Value
$569K
Total Sales (All-Time)
766
Sale Price Trend ($/SF)
$511
Rental Price Trend ($/SF)
$3.58
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (6)
$459K
Unit LE
$464K
Unit LF
$469K
Unit LE
$475K
Unit 6A
$479K
Unit 5A
$485K
Unit 15AFor Rent (4)
$4K
Unit 8G
$4K
Unit 9B
$4K
$5K
Unit 15FRecent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Dec 29, 2025 | $485K | $510.53 | 1/2 | 950 |
| Sep 5, 2025 | $1.5M | $1,097.52 | 2/2 | 1,333 |
| Sep 4, 2025 | $1.2M | $930.23 | 2/2 | 1,333 |
| Jun 20, 2025 | $456K | $480.32 | 1/1 | 950 |
| Apr 11, 2025 | $450K | $661.76 | 1/1 | 680 |
| Mar 24, 2025 | $575K | $605.26 | 1/1 | 950 |
| Jan 8, 2025 | $700K | $537.63 | 2/2 | 1,302 |
| Jan 6, 2025 | $618K | $650.53 | 1/1 | 950 |
| May 13, 2024 | $650K | $684.21 | 1/1 | 950 |
| May 8, 2024 | $570K | $600 | 1/1 | 950 |
| Apr 29, 2024 | $670K | $705.26 | 1/1 | 950 |
| Apr 19, 2024 | $1.1M | $825.21 | 2/2 | 1,333 |
| Mar 22, 2024 | $525K | $772.06 | 1/1 | 680 |
| Jan 24, 2024 | $440K | $647.06 | 1/1 | 680 |
| Jul 6, 2023 | $949K | $711.93 | 2/2 | 1,333 |
| Apr 28, 2023 | $698K | $535.71 | 2/2 | 1,302 |
| Jan 25, 2023 | $536K | $564.21 | 1/1 | 950 |
| Jan 22, 2023 | $485K | $510 | 1/1 | 950 |
| Oct 28, 2022 | $945K | $724.14 | 2/2 | 1,305 |
| Sep 21, 2022 | $245K | $257.89 | 1/1 | 950 |
| Aug 24, 2022 | $1.4M | $710.53 | 2/2 | 1,900 |
| Jun 27, 2022 | $1.1M | $804.6 | 2/2 | 1,305 |
| Jun 6, 2022 | $925K | $708.81 | 2/2 | 1,305 |
| May 31, 2022 | $550K | $578.95 | 1/1 | 950 |
| May 25, 2022 | $600K | $631.58 | 1/1 | 950 |
Total Units
139
Avg Sqft
1,045 SF
Avg Assessed
$426K
Owner-Occupied
59%
Tax & Ownership
Investor-Owned
41%
Owner-Occupied
59%
Avg Assessed Value
$426K
Avg Taxable Value
$395K
Effective Year Built
1967
Zoning
4000
Unit Mix
Avg 918 SF
Avg 1,327 SF
Unit Directory
Showing 10 of 139 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — |
| 2A | 1 | 1 | 950 | $339K | ✓ | $299K | $315 | Aug 2021 |
| 2B | 1 | 1 | 950 | $102K | ✓ | $179K | $189 | Aug 2004 |
| 2C | 2 | 2 | 1,305 | $797K | — | $945K | $724 | Oct 2022 |
| 2D | 2 | 2 | 1,305 | $605K | ✓ | $360K | $276 | Dec 2010 |
| 2E | 1 | 1 | 950 | $428K | ✓ | $565K | $595 | Feb 2022 |
| 2F | 1 | 1 | 950 | $453K | — | $245K | $258 | Sep 2022 |
| 3A | 1 | 1 | 950 | $193K | ✓ | $149K | $157 | Dec 2002 |
| 3B | 1 | 1 | 950 | $195K | ✓ | $253K | $266 | Nov 2004 |
| 3C | 2 | 2 | 1,305 | $710K | — | $450K | $345 | Aug 2012 |
Top Agents in This Building
ONE Sotheby's International Realty
Brown Harris Stevens
Compass
Coldwell Banker
Douglas EllimanTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
| ONE Sotheby's International Realty | 7 | 11 | $8.3M |
| Compass | 11 | 14 | $8.2M |
C Coldwell Banker Residential RE | 2 | 6 | $3.9M |
| Coldwell Banker | 4 | 4 | $3.7M |
L Luxe Living Realty | 2 | 6 | $3.7M |
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