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ActiveFor sale

5 Island Ave # 8H, Miami Beach FL 33139, Miami Beach

$925,000

Miami Beach, FL, 33139

5 Island Ave # 8H, Miami Beach FL 33139 — photo 1
5 Island Ave # 8H, Miami Beach FL 33139 — photo 25 Island Ave # 8H, Miami Beach FL 33139 — photo 35 Island Ave # 8H, Miami Beach FL 33139 — photo 45 Island Ave # 8H, Miami Beach FL 33139 — photo 55 Island Ave # 8H, Miami Beach FL 33139 — photo 65 Island Ave # 8H, Miami Beach FL 33139 — photo 75 Island Ave # 8H, Miami Beach FL 33139 — photo 85 Island Ave # 8H, Miami Beach FL 33139 — photo 95 Island Ave # 8H, Miami Beach FL 33139 — photo 105 Island Ave # 8H, Miami Beach FL 33139 — photo 115 Island Ave # 8H, Miami Beach FL 33139 — photo 12

Property details

Bedrooms
2
Bathrooms
2
Living area
1,302 sqft
Year built
1967
Type
Condominium
Association fee
$1,903 / monthly
Days on market
20
MLS #
A12048077

Listing courtesy of Trust Group Realty LLC · 305-861-6630. Listing agent: Deanna Jurgens. MLS data last updated 2026-07-24.

Description

Welcome to THE BAYFRONT MASTERPIECE that is 5 Island Ave.#8H. Newly Updated to the Highest Standards! This 5-Star Bayfront Condo is Ready for the Most Discerning Buyers. 5 Island Ave. is a Luxury Boutique Building in the Heart of SOBE Renowned for its Central Location and Peaceful Waterfront Lifestyle. Newly Updated Pool, Fitness Center and Common Areas Compliment the Designer Interior that Greet You as You Enter this STUNNING BAYFRONT South Beach Residence. Corner Apartment. Walking Distance to All That Makes SOBE the Envy of All Coastal Residents. If You Seek a Peaceful Waterfront Lifestyle in A Central SoBe Location, This Is for You!

5 Island Ave # 8H, Miami Beach FL 33139, Miami Beachfor sale, listed for $925,000 (2 bed, 2 bath, 1,302 sqft).

What else is available at ISLAND TERRACE CONDO?

9 listings are currently active in this building across 7 distinct units (7 × 1-bed, 2 × 2-bed).

n=9 · 2026-07-29 · Methodology

Run the numbers

Where is this market heading?

Our weekly snapshot archive tracks the median for 2-bed listings for sale in 33139: $855/sqft in 2026-W30 to $855/sqft in 2026-W31.

This history is computed from our own recorded market snapshots, not backfilled estimates.

n=279 · 2026-07-29 · Methodology

Closest-priced alternatives

The 4 active listings closest in price within the same market segment:

Price-reduction climate

33% of 279 active 2-bed listings for sale in 33139 are listed below their original asking price.

n=279 · 2026-07-29 · Methodology

How quickly do listings leave this market?

Over the last 2 recorded weeks we observed 8 2-bed listings for sale in 33139 leave the visible market, 25% of them from an under-contract or pending status. Average time on market at exit: 101 days.

Exit timing exists only in week-to-week observation — it is not published in any feed.

n=8 · 2026-07-29 · Methodology

Browse this price segment

n=340 · 2026-07-29 · Methodology

Local market report

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.