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High-floor condo with bay and skyline views, balcony, and access to a waterfront pool and fitness amenities, plus assigned parking in a well-maintained building. Attractive for buyers or renters seeking a move-in-ready space in a walkable South Beach location with quick access to dining, beaches, and major Miami corridors. Notable for its island setting, on-site security, and proximity to both the Venetian Causeway and the wider Miami urban core.
Things you’ll love
Great for
Features
| Central Air | Electric Heating |
| Furnished | High Ceilings |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Block | Fitness Center |
| Roof Type: Concrete |
Grounds
| Assigned Parking | Garage Parking |
| Swimming Pool |
Other
| Architecture Style: High Rise |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
Property Status: Active Experience breathtaking bay and downtown skyline views from this immaculate, fully furnished and equipped residence on Belle Isle. Features include custom built-ins, designer furnishings, upgraded finishes, high ceilings, and an open-concept layout with two full baths. Abundant natural light fills the beautifully designed space, enhancing the home’s modern aesthetic. Located in an iconic Morris Lapidus building on the prestigious Venetian Islands, residents enjoy a 24/7 front desk, fitness center, waterfront pool, & assigned parking. Steps from The Standard Hotel, & within walking distance to Sunset Harbour, dining, shops, fitness studios, Publix, Trader Joe’s, & Lincoln Rd. Water, cable & internet included. Office Phone: (305) 809-8861 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 5 Island Ave, Miami Beach, FL 33139, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Venetian Islands |
|---|---|
| Zip code | 33139 |
| Type | Condo for rent |
1-bedroom apartments at 5 Island Ave #15F cost about 5% more than the average rent price for 1-bedroom apartments in Miami Beach.
| Month | Median Rent |
|---|---|
| May 2024 | $2,700 |
| June 2024 | $2,710 |
| July 2024 | $2,612 |
| August 2024 | $2,648 |
| September 2024 | $2,587 |
| October 2024 | $2,500 |
| November 2024 | $2,470 |
| December 2024 | $2,500 |
| January 2025 | $2,462 |
| February 2025 | $2,400 |
| March 2025 | $2,500 |
| April 2025 | $2,700 |
| May 2025 | $2,550 |
| June 2025 | $2,522 |
| July 2025 | $2,518 |
| August 2025 | $2,519 |
| September 2025 | $2,505 |
| October 2025 | $2,510 |
| November 2025 | $2,500 |
| December 2025 | $2,450 |
| January 2026 | $2,428 |
| February 2026 | $2,367 |
| March 2026 | $2,412 |
| April 2026 | $2,537 |
| Month | Median Rent |
|---|---|
| May 2024 | $3,725 |
| June 2024 | $3,820 |
| July 2024 | $3,937 |
| August 2024 | $3,670 |
| September 2024 | $3,225 |
| October 2024 | $3,647 |
| November 2024 | $3,980 |
| December 2024 | $4,053 |
| January 2025 | $4,687 |
| February 2025 | $5,600 |
| March 2025 | $4,745 |
| April 2025 | $3,668 |
| May 2025 | $3,350 |
| June 2025 | $3,975 |
| July 2025 | $4,120 |
| August 2025 | $4,192 |
| September 2025 | $4,327 |
| October 2025 | $4,185 |
| November 2025 | $4,025 |
| December 2025 | $3,743 |
| January 2026 | $3,325 |
| February 2026 | $2,903 |
| March 2026 | $3,868 |
| April 2026 | $4,625 |
Can I afford to live at 5 Island Ave #15F?
Bedrooms
1 bedroomRent-to-income ratio
30%
$210,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| Last month | $5,250 | 1 bed | 2 bath | ||
| Last month | $4,000 | 1 bed | 1.5 bath | ||
| 2 months ago | $4,100 | 1 bed | 1.5 bath | ||
| 4 months ago | $3,500 | 1 bed | 1.5 bath | ||
| 6 months ago | $3,700 | 1 bed | 1.5 bath | ||
| 6 months ago | $4,200 | 1 bed | 1 bath | ||
| 6 months ago | $4,200 | 1 bed | 1.5 bath | ||
| 7 months ago | $4,300 | 1 bed | 1.5 bath | ||
| 10 months ago | $4,000 | 1 bed | 1.5 bath |
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Occupied
1 Bed
1 Bath
$2,650
Occupied
1 Bed
2 Baths
$4,250
Walk-In Closets • Balcony • Assigned Parking
Occupied
1 Bed
1 Bath
$4,200
Dishwasher
Occupied
2 Beds
2 Baths
$4,250
In-Unit Laundry • Dishwasher