Street view of Island Terrace

Island Terrace

5 Island Ave, Miami Beach, FL, 33139
Built 19671–2 BedsSIRS Filed
Island Terrace
5 Island Ave, Miami Beach, FL, 33139
Built 19671–2 BedsSIRS Filed

Island Terrace Overview

Island Terrace is a condo building at 5 Island Ave in Miami Beach, built in 1967. The county lists 138 residences, 1 and 2 bedrooms and about 680 to 1,900 sq ft.

Year built
1967
Residences
138
Bedrooms
1–2
Interior sqft
680–1,900
Folio number
0232330440001

Residences, bedrooms and interior sq ft: Miami-Dade Property Appraiser · Updated Sep 2026

Island Terrace Location

5 Island Ave, Miami Beach, FL, 33139

Open in Maps
Map
Park: Belle Isle Park · 0.1 miGrocery: The Fresh Market · 0.3 miAirport: Miami International Airport · 9 mi

Nearest places by straight-line distance. © OpenStreetMap contributors · Updated Sep 2026

84
Walk Score
Very Walkable
37
Transit Score
Some Transit
84
Bike Score
Very Bikeable

Island Terrace SIRS & Structural Compliance

Florida's post-Surfside requirements explained in the glossary. Falling behind can mean a large special assessment for owners.

Florida requires a SIRS for every condo building three habitable stories or taller (Fla. Stat. 718.112(2)(g)). Source: Florida DBPR, condo building reports (SB 4-D); Florida DBPR, SIRS reporting database · Checked Oct 2026

Case 40YR2202248. 1 recertification record with the City of Miami Beach since 2026, status as the city recorded it · Updated Sep 2026

Island Terrace Permits

65 notable permits on file, from Mar 2015 through Sep 2026. Elevator work accounts for 4 of them. This is not a complete permit history for the building.

Zzconverted 17Building 9Electrical 9Commercial 7Private 5Mechanical 3Plumbing 3Elevator 2Residential 2Fire 2Roofing 2Temporary 1Recertification 1Recycling 1Planning 1

Most recent

2026-09Fire - sprinkler system · Bc2526887 / / retrofit existing condominium per elss report, floors 2 thru 16, to install approximately (144) fire sprinklers inside main unit door and replace approximately (182) fire sprinklers in corridors.Issued
2026-08Fire - fire alarm · Connect new smoke control system to fire alarm (113 new devices)Applied
2026-08Mechanical sub-permit commercial stands for rooftop equipment · Bc2526887 / / installation of pressurization fans for stairwell and elevator, general exhaust fan replacement, and installation of fire / smoke dampersIssued

City of Miami building permits · Updated Sep 30, 2026

Island Terrace Reviews

Read what residents and visitors say about Island Terrace on Google.

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Island Terrace Market Data

Median sold price
$575,000

3 units sold · limited data

Median sold $/sqft
$605

May 2026

By bedroom count

Unit typeAs ofMedian soldSale $/sqftUnits sold
1 bedMay 2026$485,000$5113 · limited
2 bedSeptember 2025$1,100,000$8253 · limited

Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales.

Data on this page is for informational purposes only and may be outdated or inaccurate. Confirm fees, rules, SIRS status, and other details directly with the building association before you buy or lease.

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