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$464,00052 days on marketActive

5 Island Ave Loaf LF, Miami Beach, FL 33139

Miami Beach, FL 33139
1
Beds
1.5
Baths
950
Sq Ft
$488
$/Sq Ft
1967
Year Built
1 car
Garage

Listing Snapshot

List Price$464,000
Price / Sq Ft$488
Beds1
Baths1.5
Living Area950 sqft
Year Built1967
Property Tax$6,309/yr
HOA / Condo Fee$1,425 / monthly
MLS #1157812197
StatusActive
Days on Market52

About This Home

Well-designed and spacious 1BD/1.5BA LANAI residence right on the bay in Miami Beach's acclaimed Sunset Harbour neighborhood. Ideally located on Belle Isle, Island Terrace is a unique waterfront building designed by renowned mid-century architect Morris Lapidus. Offering a rare ground-level entry, this pied-a-terre combines convenience and privacy with direct access to the pool deck - no elevator needed.Filled with natural light, the apartment features generous living spaces, large volumes, and a functional layout. The primary suite includes an ensuite bathroom and a walk-in closet, complemented by a guest bathroom.Enjoy a unique indoor-outdoor lifestyle with your morning coffee just steps from the bayfront. The building offers a waterfront pool with infinity views of the bay and city skyline, kayak launch, bike storage, fully equipped fitness center, elegant common areas, 24-hour front desk service, and onsite management. Pet-friendly.A Venetian Island gem, with great walkability, just a few minutes from the beaches, directly across The Standard Hotel, the condo is just a few blocks from Trader Joe’s, Fresh Market, Publix, Whole Foods, Sunset Harbour shops and restaurants, and Lincoln Road!Includes 1 assigned parking space and hurricane-impact windows.An ideal second home or primary residence combining location, comfort, and lifestyle.

General Features

Property Type
Residential
Sub-type
Condominium
Stories
16
Garage Spaces
1
Parking
Assigned
Security
SecuritySystem,ClosedCircuitCameras,LobbySecured
Subdivision
ISLAND TERRACE CONDO

Interior Features

Appliances
Dishwasher,ElectricRange,Oven,Refrigerator
Flooring
Tile,Vinyl
Heating
Central
Cooling
CentralAir
Interior Features
BedroomOnMainLevel,MainLevelPrimary,SeparateShower,Bar,WalkInClosets
Window Features
Sliding

Exterior Features

Construction
Block
Exterior Features
Balcony,OutdoorLivingArea
Patio / Porch
Open,Balcony
Pool Features
Association
View
Other
Waterfront
Yes
Waterfront Features
Bayfront,None

Community Features

Association Amenities
BikeStorage,Clubhouse,FitnessCenter,MaintenanceGrounds,Laundry,Management,Pool,Elevators
Association Dues
$1,425 / monthly
MLS Area
2320

Schools

ElementaryNorth Beach
MiddleMiami Beach Nautilus
HighMiami Beach

Map

Virtual Tour

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Listed by Marine Rivierre · One Sotheby's International Realty
MLS# 1157812197 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $371,000

%
Est. Monthly$4,482
Principal & Interest$2,531
Property Tax$526
HOA$1,425

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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