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5 Island Ave
Miami Beach, FL 33139

Floorplan Pricing and Availability
New! Interactive Property Map
1 Bedroom
14F - 5 Island Ave
$2,950
1 Bed, 1.5 Baths, 950 sq ftAvailable SoonAvailability Details
Price Availability Date Unit Sq Ft $2,950 Available Soon 14F - 5 Island Ave 950 sq ft Model Amenities and Features
Fitness & Recreation
- Pool
Outdoor Space
- Waterfront
Model Rent and Fees
Model Price
- $2,950
Additional Property Details
Spacious 1/1.5 Miami Beach apartment located on Belle Isle and the Venetian Causeway; the perfect beach getaway. This unit features marble floors throughout, a large walk-in closet and one assigned parking space an wide bay views with a large balcony overlooking the Miami skyline. Island Terrace is a full amenity building with 24/7 concierge. Just a short walk to Lincoln Road, Sunset Harbour, The Standard Hotel and Restaurants. Best price in the building.
5G - 5 Island Ave
$3,500
1 Bed, 1.5 Baths, 950 sq ftAvailable SoonAvailability Details
Price Availability Date Unit Sq Ft $3,500 Available Soon 5G - 5 Island Ave 950 sq ft Model Amenities and Features
Fitness & Recreation
- Pool
Outdoor Space
- Waterfront
Model Rent and Fees
Model Price
- $3,500
Additional Property Details
***Can be rented Furnished or Unfurnished*** Welcome to this peaceful condo on the Venetian Islands, offering stunning views of the bay, the Miami skyline, and Star Island. Island Terrace is an elegant boutique building right across from The Standard Hotel & Spa. This spacious condo features bright living areas, warm travertine floors, a large bedroom with water view, and a private balcony overlooking the bay. A new kitchen and bathroom are being installed (Work in progress, will be completed in the coming days), and the photos shown for those are renderings of the future design. Amenities include a bayfront pool, 24-hour doorman, fitness center, Wi-Fi recreation room, bike storage, and 1 assigned covered parking space. Pets are welcome. Laundry on the same floor (No washer/dryer in-unit),12-month lease required (renewable).
LE - 5 Island Ave
$4,000
1 Bed, 1.5 Baths, 950 sq ftAvailable SoonAvailability Details
Price Availability Date Unit Sq Ft $4,000 Available Soon LE - 5 Island Ave 950 sq ft Model Amenities and Features
Features
- Cable Ready
Fitness & Recreation
- Pool
Outdoor Space
- Waterfront
Services
- Furnished
Model Rent and Fees
Model Price
- $4,000
Additional Property Details
Rare first-floor residence on the exclusive Venetian Islands—one of only three ground-level residences in the building! This spacious 1BR/1.5BA, 950 SF home feels private and serene, with no need for an elevator. Features include marble floors, a large custom walk-in closet, updated kitchen and baths, and hurricane-impact glass offering total peace and quiet. The building, set directly on the bay, showcases a modern lobby, waterfront pool, and a fully equipped fitness center. Includes a covered parking space and storage unit. Peaceful island living in the heart of Miami Beach, with a park and the iconic The Standard hotel across the street. Furnished and ready for you to add your personal design touches! Rent includes all utilities- water, electricity, basic cable, and internet!
2 Bedrooms
4H - 5 Island Ave
$4,700
2 Beds, 2 Baths, 1302 sq ftAvailable SoonAvailability Details
Price Availability Date Unit Sq Ft $4,700 Available Soon 4H - 5 Island Ave 1302 sq ft Model Amenities and Features
Fitness & Recreation
- Pool
Outdoor Space
- Waterfront
Model Rent and Fees
Model Price
- $4,700
Additional Property Details
Enjoy sweeping bay and Belle Isle views from this bright and spacious 2-bedroom, 2-bath corner residence at Island Terrace. Recently refreshed with new paint and modern updates, this 1,302 SF home blends clean, contemporary style with classic Miami Beach charm. The open living and dining areas feature expansive windows with direct water views and excellent natural light. Island Terrace is a full-service building with 24-hour doorman, fitness center, heated pool, and secure lobby. Assigned parking space and storage locker are included. Small pets permitted (=25 lbs). HOA requires one-year minimum lease. Located in the heart of Belle Isle, just steps to The Standard, Sunset Harbour, and Lincoln Road—an unbeatable mix of walkability, waterfront living, and quiet neighborhood appeal.
5D - 5 Island Ave
$9,000
2 Beds, 2 Baths, 1333 sq ftAvailable SoonAvailability Details
Price Availability Date Unit Sq Ft $9,000 Available Soon 5D - 5 Island Ave 1333 sq ft Model Amenities and Features
Features
- Cable Ready
Fitness & Recreation
- Pool
Outdoor Space
- Waterfront
Services
- Furnished
Model Rent and Fees
Model Price
- $9,000
Additional Property Details
Architectural Digest quality renovation. Brand new fully furnish 2 bedroom & 2 bathroom corner home. Offers spectacular views of Biscayne Bay and the Miami city skyline. Enjoy postcard perfect sunset views from every room. Coveted covered parking space.
Features and Amenities
Outdoor Features
- Waterfront
Recreation and Fitness
- Pool
Interior Features
- Cable Ready

Map
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Points of Interest
Time and distance from 5 Island Ave.
Arts Museums and Landmarks
Big Box and Retail
Publix
Macy's
Walgreens
Colleges and Universities
AI Miami International University of Art and Design
Groceries
The Fresh Market
Publix
Whole Foods
Hospitals
Mount Sinai Medical Center
Douglas Gardens Hospital
Jackson Health System
Parks and Recreation
5 Island Ave has 5 parks within 11.4 miles, including Margaret Pace Park, Bayfront Park, Miami Seaquarium, Matheson Hammock Park, and Fairchild Tropical Botanical Garden.
Restaurants and Dining
Shopping Centers
5 Island Ave has 5 shopping centers within 1.3 miles.
Transit Stations
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Miami Beach Studio Apartments | $2,482 | $1,050 | $9,843 |
| Miami Beach 1 Bedroom Apartments | $3,135 | $1,100 | $10,000+ |
| Miami Beach 2 Bedroom Apartments | $4,193 | $1,333 | $10,000+ |
| Miami Beach 3 Bedroom Apartments | $6,124 | $2,400 | $10,000+ |
| Miami Beach 4 Bedroom Apartments | $13,771 | $1,900 | $10,000+ |
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