5 Island Ave

A mid-century boutique condominium completed in 1967, this 16-story waterfront property sits on Belle Isle/Venetian Causeway in Miami Beach. The building contains primarily one- and two-bedroom residences arranged for light-filled layouts and many units feature open kitchens, balconies and water or city-skyline views. Common interior features include a renovated lobby, 24-hour front desk, elevators, and a mix of practical touches such as walk-in closets, breakfast areas, and built-in cabinetry. Exterior facilities emphasize outdoor living with a bayfront pool, decking, courtyard and barbecue/terrace areas; some residences have private terraces with direct pool access. Shared amenities include a gym, kayak launch, bike storage, community room, laundry and onsite management; covered assigned parking and additional storage units are available. Recent building work cited includes roof, elevator and hallway upgrades plus ongoing lobby renovations and installation of impact-resistant doors/windows. The property benefits from a waterfront parcel across from Belle Isle Park and the Standard Hotel, placing residents within walking distance of Lincoln Road, Sunset Harbour restaurants, shops and local transit. Pet and exact HOA policies vary by unit; buyers are expected to confirm specifics on assessments, financing requirements and any renovation schedules with the association.