Photos rotate through this building’s active MIAMI MLS listings and update as listings change.
For sale now
2
$459,000 – $900,000
Median / sq ft
$586
Across for-sale units
For rent now
2
$3,950 – $5,250 / mo
Year built
1967
138 residences
Computed live from active MIAMI MLS inventory & the Miami-Dade Property Appraiser · not an appraisal · updated July 21, 2026.
Island Terrace is a condo building in Miami Beach, Miami-Dade County, built in 1967 with 138 residences. 2 units are for sale from $459,000 and 2 units are for rent from $3,950/mo, with a median list price of $586 per square foot across for-sale units.
Building facts
1967
Year built · 59 yrs
138
Total residences
Condominium
Use
Multi-family - 63-100 U/a
Zoning
Source: Miami-Dade County Property Appraiser (public records). Confirm with the county.
Building report
Built 1967 · 59 years old. Florida’s milestone structural-inspection law (SB 4-D) applies to condo buildings three stories or taller once they reach 25–30 years of age, with a reserve study on the same clock. At this age, ask the association for the building’s milestone-inspection report and reserve-study status before you buy.
Island Terrace Condo Association, Inc. · Condominium registration issued, expires 01-31-2027 · per Miami-Dade County, as of Jun 28, 2026. View the official record →
Association on record
Official association website → — opens a third-party site (FL law requires associations of 25+ units to maintain one).
Contact: manager@5islandave.com · 305-672-5012. Managed by: Ma00009380.
Major building work on record
- • Building · 2024
Structural & capital permits from the city building record (last ~4 years or open) — indicative of upkeep or active work. Confirm scope & any assessments with the association.
● 2 open code cases on record with the City of Miami Beach, including an unsafe-structure case (as of Jun 28, 2026). Code cases range from minor maintenance items to structural matters — confirm each one’s current status with the city’s building department before relying on it.
We’re compiling this building’s reserves, flood & insurance reality from Miami-Dade County, FEMA, and the Florida condo registry. Want it the moment it’s ready? Ask a specialist →
For sale in this building (2)
For rent in this building (2)
Where it is
Explore the Miami Beach neighborhood guide →
Common questions about Island Terrace
How many units are for sale in Island Terrace?
2 units are currently for sale in Island Terrace ($459,000–$900,000).
How many units are for rent in Island Terrace?
2 units are currently for rent in Island Terrace ($3,950–$5,250/mo).
When was Island Terrace built?
Island Terrace was built in 1967, per the Miami-Dade Property Appraiser.
How many units are in Island Terrace?
Island Terrace has 138 residential units, per the Miami-Dade Property Appraiser.
What neighborhood is Island Terrace in?
Island Terrace is in Miami Beach, Miami-Dade County.
Building compiled by MiamiCityRealty.com from MIAMI MLS and public records. Listing data deemed reliable but not guaranteed. Verify all association, structural, and flood facts with the HOA, the county, and your attorney during due diligence.