Island Terrace
16 Floors - Biscayne Bay, Atlantic Ocean, Park & City Views
$185,000 - $1,395,000
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April 25th, 2024 - Welcome to Island Terrace
Island Terrace is a 16 story condominium building in Miami Beach, FL with 167 units. There are currently 9 units for sale ranging from $495,000 to $1,395,000. The last transaction in the building was unit 15E which closed for $4,000. Let the advisors at Condo.com help you buy or sell for the best price - saving you time and money.
Building Description
Island Terrace is a charming high-rise condominium building located on beautiful Belle Isle of the Venetian Islands in Miami Beach, FL. Island Terrace boasts an idyllic location on this island paradise; with a stunning panoramic vista which encompasses Biscayne Bay, the Atlantic Ocean, Belle Isle Park, and Miami’s skyline. Island Terrace hosts 167 condominiums over 16 storeys, offering ample-sized one- and two-bedroom homes which feature light-filled open floor plans with floor-to-ceiling windows and generous balconies. Island Terrace was constructed in 1967, with many units benefiting from contemporary renovations to raise the internal fixtures and fittings up to modern standards. There are still some units within the building which require modernization, making this an attractive option for investors or live-in buyers who want to shape their own home. Island Terrace invites residents to enjoy a refreshing swimming pool and a fitness center, whilst secured entry, assigned parking and extra storage are welcomed additions. Island Terrace perfectly balances the peaceful waterfront lifestyle with convenience to the world-class urban amenities on offer in nearby South Beach and downtown Miami.
Developer
Architect
Year Built 1967
Building Amenities
- swimming pool
- fitness center
- door staff
- barbecue grills
- gated entry
- assigned parking
- extra storage
- pet friendly
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Association Information & Financing
Association Information
- HOA Fee: Contact Advisor
- Managment Company: Contact Advisor
- Manager Name: Contact Advisor
- Manager Phone: Contact Advisor
- Manager Email: Contact Advisor
Association Documents
Unit Inventory & Sales History
6 Units with 1 Bedrooms For Sale at Island Terrace
1 Units with 4 Bedrooms For Sale at Island Terrace
| Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | List Date |
|---|---|---|---|---|---|---|
| 4B | 4 | 2.5 | $1,395,000 | 1,900 | $734.2 | 01/27/2022 |
1 Units with 2 Bedrooms For Rent at Island Terrace
| Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | List Date |
|---|---|---|---|---|---|---|
| 10D | 2 | 2 | $4,300 | 1,333 | $3.2 | 03/20/2024 |
111 Units with 1 Bedrooms Just Sold at Island Terrace
| Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | Closed Date |
|---|---|---|---|---|---|---|
| 15E | 1 | 2 | $4,000 | 950 | $4.2 | 03/05/2024 |
| 3K | 1 | 1 | $485,000 | 680 | $713.2 | 01/24/2024 |
| 8K | 1 | 1 | $3,200 | 680 | $4.7 | 11/30/2023 |
| 14F | 1 | 1.5 | $2,750 | 950 | $2.9 | 10/07/2023 |
| 5F | 1 | 2 | $3,500 | 950 | $3.7 | 09/27/2023 |
| 9B | 1 | 1.5 | $3,750 | 950 | $3.9 | 09/14/2023 |
| 9K | 1 | 1 | $3,000 | 680 | $4.4 | 09/01/2023 |
| 11B | 1 | 1.5 | $499,900 | 950 | $526.2 | 02/10/2023 |
| 15G | 1 | 1.5 | $3,900 | 950 | $4.1 | 02/08/2023 |
| 3K | 1 | 1 | $3,750 | 680 | $5.5 | 02/01/2023 |
| LF | 1 | 1.5 | $565,000 | 1,100 | $513.6 | 02/01/2023 |
| 15G | 1 | 1.5 | $4,400 | 950 | $4.6 | 12/15/2022 |
| 11F | 1 | 1.5 | $4,000 | 950 | $4.2 | 10/03/2022 |
| 8H | 1 | 2 | $5,700 | 1,302 | $4.4 | 10/01/2022 |
| 8G | 1 | 1.5 | $3,999 | 950 | $4.2 | 08/05/2022 |
| 5F | 1 | 1.5 | $3,200 | 950 | $3.4 | 08/02/2022 |
| 12B | 1 | 1 | $3,500 | 950 | $3.7 | 07/06/2022 |
| 4E | 1 | 1.5 | $585,000 | 950 | $615.8 | 05/31/2022 |
| 15G | 1 | 1.5 | $620,000 | 950 | $652.6 | 05/25/2022 |
| 3K | 1 | 1 | $3,500 | 680 | $5.1 | 05/25/2022 |
| 15A | 1 | 1.5 | $565,000 | 950 | $594.7 | 05/20/2022 |
| 8G | 1 | 1.5 | $4,400 | 950 | $4.6 | 04/05/2022 |
| 7B | 1 | 1.5 | $520,000 | 950 | $547.4 | 03/18/2022 |
| 5J | 1 | 1.5 | $525,000 | 985 | $533.0 | 03/07/2022 |
| 15E | 1 | 2 | $5,000 | 950 | $5.3 | 02/22/2022 |
| 2E | 1 | 1 | $585,000 | 950 | $615.8 | 02/14/2022 |
| 15E | 1 | 2 | $595,000 | 950 | $626.3 | 02/09/2022 |
| 14E | 1 | 1.5 | $570,000 | 950 | $600.0 | 02/04/2022 |
| 4K | 1 | 1 | $295,000 | 680 | $433.8 | 12/21/2021 |
| 8A | 1 | 1.5 | $465,000 | 950 | $489.5 | 10/28/2021 |
| 12B | 1 | 1 | $440,000 | 950 | $463.2 | 10/25/2021 |
| 12E | 1 | 1.5 | $595,000 | 950 | $626.3 | 10/15/2021 |
| 16G | 1 | 1 | $595,000 | 950 | $626.3 | 08/31/2021 |
| 2A | 1 | 1.5 | $299,000 | 950 | $314.7 | 08/31/2021 |
| 10K | 1 | 1 | $360,000 | 680 | $529.4 | 03/04/2021 |
| 3K | 1 | 1 | $259,000 | 680 | $380.9 | 01/29/2021 |
| 2E | 1 | 1.5 | $310,000 | 950 | $326.3 | 07/07/2020 |
| 8E | 1 | 1 | $399,000 | 950 | $420.0 | 05/05/2020 |
| 3J | 1 | 2.5 | $299,000 | 985 | $303.6 | 03/27/2020 |
| 14G | 1 | 1.5 | $395,000 | 950 | $415.8 | 02/25/2020 |
| 9E | 1 | 1.5 | $495,000 | 950 | $521.1 | 02/21/2020 |
| 3G | 1 | 1.5 | $380,000 | 950 | $400.0 | 12/10/2019 |
| LF | 1 | 1.5 | $259,000 | 950 | $272.6 | 10/04/2019 |
| 16K | 1 | 1 | $320,000 | 680 | $470.6 | 04/30/2019 |
| 12E | 1 | 1.5 | $535,000 | 950 | $563.2 | 03/15/2019 |
| - | 1 | 1.5 | $350,000 | 950 | $368.4 | 02/22/2019 |
| 15A | 1 | 1.5 | $420,000 | 950 | $442.1 | 02/15/2019 |
| 9J | 1 | 1.5 | $415,000 | 985 | $421.3 | 02/15/2019 |
| 6J | 1 | 1.5 | $439,000 | 985 | $445.7 | 11/15/2018 |
| 6K | 1 | 1 | $300,000 | 680 | $441.2 | 06/01/2018 |
| 6F | 1 | 1.5 | $389,000 | 950 | $409.5 | 04/05/2018 |
| 10E | 1 | 1.5 | $439,000 | 950 | $462.1 | 03/02/2018 |
| 10G | 1 | 1.5 | $403,000 | 950 | $424.2 | 02/26/2018 |
| 4G | 1 | 1.5 | $495,000 | 950 | $521.1 | 01/23/2018 |
| 8A | 1 | 1.5 | $339,000 | 950 | $356.8 | 12/11/2017 |
| 3E | 1 | 1.5 | $342,900 | 950 | $360.9 | 10/10/2017 |
| 14E | 1 | 1.5 | $475,000 | 950 | $500.0 | 09/22/2017 |
| 12J | 1 | 1.5 | $485,000 | 985 | $492.4 | 05/01/2017 |
| 11G | 1 | 1.5 | $424,900 | 950 | $447.3 | 09/30/2016 |
| 3F | 1 | 1 | $375,000 | 950 | $394.7 | 06/13/2016 |
| 16G | 1 | 1.5 | $475,000 | 950 | $500.0 | 03/23/2016 |
| 4A | 1 | 1.5 | $385,000 | 950 | $405.3 | 12/02/2015 |
| 4B | 1 | 1.5 | $370,000 | 950 | $389.5 | 12/02/2015 |
| 4J | 1 | 1.5 | $419,900 | 985 | $426.3 | 08/28/2015 |
| 3G | 1 | 1.5 | $310,000 | 950 | $326.3 | 08/13/2015 |
| 12E | 1 | 1.5 | $459,000 | 950 | $483.2 | 01/30/2015 |
| 6G | 1 | 1.5 | $429,000 | 950 | $451.6 | 12/16/2014 |
| 5E | 1 | 1.5 | $349,900 | 950 | $368.3 | 10/09/2014 |
| 7B | 1 | 1.5 | $409,000 | 950 | $430.5 | 08/15/2014 |
| 14G | 1 | 1.5 | $419,000 | 950 | $441.1 | 07/21/2014 |
| 3F | 1 | 1.5 | $279,999 | 950 | $294.7 | 05/19/2014 |
| 9J | 1 | 1.5 | $459,000 | 985 | $466.0 | 05/01/2014 |
| 15A | 1 | 1.5 | $445,000 | 950 | $468.4 | 02/07/2014 |
| 9E | 1 | 1.5 | $429,000 | 950 | $451.6 | 01/23/2014 |
| 4G | 1 | 1.5 | $299,000 | 950 | $314.7 | 01/17/2014 |
| 7B | 1 | 1.5 | $315,000 | 950 | $331.6 | 09/18/2013 |
| 9J | 1 | 1 | $310,000 | 985 | $314.7 | 08/30/2013 |
| 15A | 1 | 1.5 | $299,000 | 950 | $314.7 | 06/28/2013 |
| 12G | 1 | 1 | $329,000 | 950 | $346.3 | 06/04/2013 |
| 6K | 1 | 1 | $265,000 | 680 | $389.7 | 05/29/2013 |
| 8A | 1 | 1.5 | $269,000 | 950 | $283.2 | 05/06/2013 |
| 12J | 1 | 1 | $269,000 | 985 | $273.1 | 05/03/2013 |
| 9J | 1 | 1 | $259,000 | 985 | $262.9 | 04/15/2013 |
| LF | 1 | 1.5 | $189,000 | 950 | $198.9 | 03/08/2013 |
| 10J | 1 | 1.5 | $275,000 | 985 | $279.2 | 10/03/2012 |
| 8B | 1 | 1.5 | $260,000 | 950 | $273.7 | 09/12/2012 |
| 3E | 1 | 1.5 | $259,000 | 950 | $272.6 | 07/12/2012 |
| 11K | 1 | 1 | $199,000 | 680 | $292.6 | 06/12/2012 |
| 12B | 1 | 1 | $220,000 | 950 | $231.6 | 05/29/2012 |
| 16K | 1 | 1 | $179,500 | 680 | $264.0 | 05/25/2012 |
| 7A | 1 | 1.5 | $275,000 | 950 | $289.5 | 03/14/2012 |
| 9E | 1 | 1.5 | $215,000 | 950 | $226.3 | 02/02/2012 |
| 10G | 1 | 1.5 | $225,000 | 950 | $236.8 | 01/27/2012 |
| 9A | 1 | 1.5 | $218,500 | 950 | $230.0 | 01/12/2012 |
| 10J | 1 | 1.5 | $215,000 | 985 | $218.3 | 12/29/2011 |
| 12B | 1 | 1 | $245,000 | 950 | $257.9 | 06/23/2011 |
| 2A | 1 | 1.5 | $175,000 | 950 | $184.2 | 06/20/2011 |
| 14K | 1 | 1 | $169,900 | 680 | $249.9 | 05/17/2011 |
| 8K | 1 | 1 | $140,000 | 0 | $0.0 | 04/29/2011 |
| 10B | 1 | 1.5 | $175,000 | 950 | $184.2 | 04/28/2011 |
| 9G | 1 | 1.5 | $289,000 | 950 | $304.2 | 03/11/2011 |
| LE | 1 | 1.5 | $165,000 | 950 | $173.7 | 01/10/2011 |
| 3E | 1 | 1.5 | $124,900 | 950 | $131.5 | 11/22/2010 |
| 5K | 1 | 1 | $129,000 | 680 | $189.7 | 11/02/2010 |
| 4F | 1 | 1 | $160,000 | 950 | $168.4 | 07/12/2010 |
| 4B | 1 | 1.5 | $175,000 | 950 | $184.2 | 05/18/2010 |
| 9B | 1 | 1.5 | $144,900 | 950 | $152.5 | 03/26/2010 |
| 7A | 1 | 1.5 | $160,000 | 950 | $168.4 | 03/12/2010 |
| 4J | 1 | 1.5 | $244,000 | 985 | $247.7 | 01/29/2010 |
| 4-J | 1 | 1.5 | $177,500 | 985 | $180.2 | 06/25/2008 |
| 12G | 1 | 1.5 | $325,000 | 950 | $342.1 | 10/15/2007 |
50 Units with 2 Bedrooms Just Sold at Island Terrace
| Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | Closed Date |
|---|---|---|---|---|---|---|
| LD | 2 | 2 | $949,000 | 1,333 | $711.9 | 07/11/2023 |
| 3H | 2 | 2 | $4,390 | 1,302 | $3.4 | 03/22/2023 |
| 3J | 2 | 2 | $5,000 | 985 | $5.1 | 11/15/2022 |
| 2C | 2 | 2 | $975,000 | 1,305 | $747.1 | 10/31/2022 |
| 10C | 2 | 2 | $1,175,000 | 1,305 | $900.4 | 06/27/2022 |
| 15C | 2 | 2 | $950,000 | 1,305 | $728.0 | 06/07/2022 |
| 5D | 2 | 2 | $895,000 | 1,333 | $671.4 | 05/19/2022 |
| 3D | 2 | 2 | $945,000 | 1,333 | $708.9 | 04/15/2022 |
| 11C | 2 | 2 | $950,000 | 1,305 | $728.0 | 04/08/2022 |
| 14D | 2 | 2 | $990,000 | 1,333 | $742.7 | 12/30/2021 |
| 15H | 2 | 2 | $599,000 | 1,302 | $460.1 | 04/26/2021 |
| 4H | 2 | 2 | $535,000 | 1,302 | $410.9 | 04/23/2021 |
| 9H | 2 | 2 | $650,000 | 1,302 | $499.2 | 04/23/2021 |
| 6C | 2 | 2 | $699,000 | 1,305 | $535.6 | 02/26/2021 |
| 8H | 2 | 2 | $665,000 | 1,302 | $510.8 | 12/01/2020 |
| 7H | 2 | 2 | $545,000 | 1,302 | $418.6 | 11/30/2020 |
| 9D | 2 | 2 | $649,000 | 1,333 | $486.9 | 11/03/2020 |
| 3D | 2 | 2 | $629,000 | 1,333 | $471.9 | 02/24/2020 |
| 14H | 2 | 2 | $575,000 | 1,302 | $441.6 | 03/15/2019 |
| 2C | 2 | 2 | $695,000 | 1,305 | $532.6 | 02/04/2019 |
| 11-H | 2 | 2 | $524,000 | 1,302 | $402.5 | 09/26/2018 |
| 15C | 2 | 2 | $685,000 | 1,305 | $524.9 | 08/01/2018 |
| LD | 2 | 2 | $519,999 | 1,293 | $402.2 | 05/30/2018 |
| 6D | 2 | 2 | $649,000 | 1,333 | $486.9 | 05/04/2018 |
| 4C | 2 | 2 | $625,000 | 1,305 | $478.9 | 11/21/2017 |
| 6H | 2 | 2 | $599,000 | 1,302 | $460.1 | 10/23/2017 |
| 5C | 2 | 2 | $699,000 | 1,305 | $535.6 | 10/11/2017 |
| 4D | 2 | 2 | $685,000 | 1,333 | $513.9 | 05/26/2017 |
| 8H | 2 | 2 | $450,000 | 1,302 | $345.6 | 01/20/2015 |
| 6C | 2 | 2 | $599,000 | 1,305 | $459.0 | 03/24/2014 |
| 4H | 2 | 2 | $449,000 | 1,302 | $344.9 | 02/28/2014 |
| 12H | 2 | 2 | $545,000 | 1,302 | $418.6 | 01/27/2014 |
| 10C | 2 | 2 | $559,000 | 1,305 | $428.4 | 11/01/2013 |
| 15C | 2 | 2 | $695,000 | 1,305 | $532.6 | 10/09/2013 |
| 14C | 2 | 2 | $569,000 | 1,305 | $436.0 | 08/28/2013 |
| 6H | 2 | 2 | $525,000 | 1,302 | $403.2 | 07/03/2013 |
| 8C | 2 | 2 | $525,000 | 1,305 | $402.3 | 05/08/2013 |
| 2C | 2 | 2 | $399,000 | 1,305 | $305.7 | 03/22/2013 |
| LD | 2 | 2 | $375,000 | 1,333 | $281.3 | 12/20/2012 |
| 3D | 2 | 2 | $515,000 | 1,333 | $386.3 | 09/06/2012 |
| 3C | 2 | 2 | $475,000 | 1,305 | $364.0 | 08/14/2012 |
| 9D | 2 | 2 | $499,000 | 1,333 | $374.3 | 07/18/2012 |
| 6H | 2 | 2 | $339,000 | 1,302 | $260.4 | 06/14/2012 |
| 9H | 2 | 2 | $349,000 | 1,302 | $268.0 | 03/23/2012 |
| 7H | 2 | 2 | $319,000 | 1,302 | $245.0 | 07/20/2011 |
| 2D | 2 | 2 | $399,000 | 1,305 | $305.7 | 12/15/2010 |
| 7D | 2 | 2 | $440,000 | 1,333 | $330.1 | 05/18/2010 |
| 10H | 2 | 2 | $299,000 | 1,302 | $229.6 | 05/06/2010 |
| 8C | 2 | 2 | $320,000 | 1,305 | $245.2 | 03/05/2010 |
| PHD | 2 | 2 | $499,000 | 1,333 | $374.3 | 11/30/2009 |
1 Units with 4 Bedrooms Just Sold at Island Terrace
| Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | Closed Date |
|---|---|---|---|---|---|---|
| 4B | 4 | 2.5 | $1,395,000 | 1,900 | $734.2 | 08/25/2022 |
Island Terrace
Island Terrace Total units: 167
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NEIGHBORHOOD
Venetian Islands
5 Island Avenue Miami Beach, FL 33139
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Disclaimer
Located on beautiful Belle Isle
Surrounded by water on all sides with great views, this lovely, established condominium building has spectacular year round bay breezes;completely renovated Morris Lapidus-designed building; walk to Lincoln Road, movies, shopping, fine and casual dining; it's rare to find units available in this much desired residence
Overall Rating 3.8 out of 5 Amenties 4 out of 5 Location 5 out of 5 Price 4 out of 5 Management 3 out of 5 Community 3 out of 5 
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