{"id":192,"date":"2024-11-04T11:25:07","date_gmt":"2024-11-04T11:25:07","guid":{"rendered":"https:\/\/www.brickellsold.com\/blog\/?p=192"},"modified":"2026-04-13T10:53:28","modified_gmt":"2026-04-13T14:53:28","slug":"miami-beach-art-deco-condo-551-michigan-ave","status":"publish","type":"post","link":"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/","title":{"rendered":"Luxury Living in Miami Beach\u2019s Iconic Art Deco District: A Closer Look at 551 Michigan Ave #123"},"content":{"rendered":"<div class=\"gb-container gb-container-4b25680b\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"207\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4-300x225.jpeg\" alt=\"\" class=\"wp-image-207\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-4.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"267\" height=\"300\" data-id=\"196\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2-267x300.jpeg\" alt=\"\" class=\"wp-image-196\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2-267x300.jpeg 267w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2-912x1024.jpeg 912w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2-768x862.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-other-2.jpeg 1069w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-side-of-structure.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"209\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-side-of-structure-225x300.jpeg\" alt=\"\" class=\"wp-image-209\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-side-of-structure-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-side-of-structure-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-side-of-structure.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"272\" height=\"300\" data-id=\"212\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3-272x300.jpeg\" alt=\"\" class=\"wp-image-212\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3-272x300.jpeg 272w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3-928x1024.jpeg 928w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3-768x847.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-3.jpeg 1088w\" sizes=\"auto, (max-width: 272px) 100vw, 272px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"211\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-2-225x300.jpeg\" alt=\"\" class=\"wp-image-211\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-2-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-2-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-2.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"210\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-225x300.jpeg\" alt=\"\" class=\"wp-image-210\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Front-of-structure.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Laundry.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"181\" height=\"300\" data-id=\"199\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Laundry-181x300.jpeg\" alt=\"\" class=\"wp-image-199\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Laundry-181x300.jpeg 181w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Laundry-618x1024.jpeg 618w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Laundry.jpeg 724w\" sizes=\"auto, (max-width: 181px) 100vw, 181px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"197\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-2-225x300.jpeg\" alt=\"\" class=\"wp-image-197\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-2-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-2-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-2.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"195\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-225x300.jpeg\" alt=\"\" class=\"wp-image-195\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bathroom.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"206\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3-300x225.jpeg\" alt=\"\" class=\"wp-image-206\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-3.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"202\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other-300x225.jpeg\" alt=\"\" class=\"wp-image-202\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Other.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"200\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-2-225x300.jpeg\" alt=\"\" class=\"wp-image-200\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-2-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-2-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-2.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"201\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-225x300.jpeg\" alt=\"\" class=\"wp-image-201\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Bedroom.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"208\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2-300x225.jpeg\" alt=\"\" class=\"wp-image-208\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-2.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"204\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-300x225.jpeg\" alt=\"\" class=\"wp-image-204\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Kitchen.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-3.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"300\" data-id=\"198\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-3-225x300.jpeg\" alt=\"\" class=\"wp-image-198\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-3-225x300.jpeg 225w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-3-768x1024.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-3.jpeg 900w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"203\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2-300x225.jpeg\" alt=\"\" class=\"wp-image-203\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-2.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-medium\"><a href=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" data-id=\"205\" src=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-300x225.jpeg\" alt=\"\" class=\"wp-image-205\" title=\"\" srcset=\"https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-300x225.jpeg 300w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-1024x768.jpeg 1024w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-768x576.jpeg 768w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room-1536x1152.jpeg 1536w, https:\/\/www.brickellsold.com\/blog\/wp-content\/uploads\/2024\/11\/551-Michigan-Ave-123-Miami-Beach-Living-Room.jpeg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/a><figcaption><\/figcaption><\/figure>\n<\/figure>\n<\/div>\n<p>Charming 1BD <a href=\"https:\/\/www.brickellsold.com\/blog\/sunset-padel-miami-beach\/\">Miami<\/a> Beach Art Deco Condo &#8211; <a href=\"https:\/\/www.brickellsold.com\/blog\/sunset-padel-miami-beach\/\">Miami<\/a> Beach, renowned for its tropical charm, vibrant lifestyle, and stunning coastline, is home to some of the most unique properties in the United States. The Art Deco District in South Beach (SoBe) offers a rare blend of historical charm and modern amenities, making it a highly sought-after destination for homebuyers, investors, and vacationers alike. The newly listed condominium at <strong>551 Michigan Ave #123<\/strong> is a prime example of how a classic Miami Beach property can balance modern luxury with timeless elegance. With a competitive price, strategic location, and appealing amenities, this one-bedroom unit offers an exciting opportunity in one of the most iconic neighborhoods in the world.<\/p>\n<p>\u00a0<\/p>\n<hr \/>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<p><span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav>\n<ul class='ez-toc-list ez-toc-list-level-1 ' >\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Property_Overview_551_Michigan_Ave_123\" >Property Overview: 551 Michigan Ave #123<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Location_and_Architectural_Heritage\" >Location and Architectural Heritage<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Unit_Details_Modern_Charm_with_Historic_Appeal\" >Unit Details: Modern Charm with Historic Appeal<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Price_and_Investment_Potential\" >Price and Investment Potential<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#In-Depth_Property_Features\" >In-Depth Property Features<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Interior_Design_and_Finishes\" >Interior Design and Finishes<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Building_and_Community_Amenities\" >Building and Community Amenities<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Neighborhood_Overview_Miami_Beach_Art_Deco_condo\" >Neighborhood Overview: Miami Beach Art Deco condo<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Art_Deco_District\" >Art Deco District<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Nearby_Attractions_and_Lifestyle_Benefits\" >Nearby Attractions and Lifestyle Benefits<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Walkability_and_Transportation\" >Walkability and Transportation<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Financial_Aspects_and_Monthly_Costs\" >Financial Aspects and Monthly Costs<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Price_Per_Square_Foot_and_Market_Comparisons\" >Price Per Square Foot and Market Comparisons<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#HOA_and_Monthly_Fees\" >HOA and Monthly Fees<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Estimated_Monthly_Cost_and_Financing_Options\" >Estimated Monthly Cost and Financing Options<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#The_Investment_Potential_of_Miami_Beach_Real_Estate\" >The Investment Potential of Miami Beach Real Estate<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Appreciation_and_Rental_Income\" >Appreciation and Rental Income<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Dual_Benefits_of_Ownership\" >Dual Benefits of Ownership<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Educational_Facilities_and_Schools_Nearby\" >Educational Facilities and Schools Nearby<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Tips_for_Buyers_Interested_in_Miami_Beach_Condominiums\" >Tips for Buyers Interested in Miami Beach Condominiums<\/a>\n<ul class='ez-toc-list-level-4' >\n<li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Unique_Challenges_and_Benefits\" >Unique Challenges and Benefits<\/a><\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Working_with_Local_Experts\" >Working with Local Experts<\/a><\/li>\n<\/ul>\n<\/li>\n<li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/#Conclusion_Why_551_Michigan_Ave_123_is_a_Smart_Investment_in_SoBes_Art_Deco_District\" >Conclusion: Why 551 Michigan Ave #123 is a Smart Investment in SoBe\u2019s Art Deco District<\/a><\/li>\n<\/ul>\n<\/nav>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Property_Overview_551_Michigan_Ave_123\"><\/span><span class=\"ez-toc-section\" id=\"Property_Overview_551_Michigan_Ave_123\"><\/span>Property Overview: 551 Michigan Ave #123<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Location_and_Architectural_Heritage\"><\/span><span class=\"ez-toc-section\" id=\"Location_and_Architectural_Heritage\"><\/span>Location and Architectural Heritage<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Situated in Miami Beach\u2019s famous <strong>Art Deco District<\/strong>, 551 Michigan Ave #123 is part of a historic building that has been beautifully preserved and updated to reflect contemporary tastes without losing its original charm. This condo offers a slice of Miami\u2019s history in a highly desirable location, just steps away from the vibrant energy of Ocean Drive, with its iconic pastel-colored buildings, world-class restaurants, and bustling nightlife.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Unit_Details_Modern_Charm_with_Historic_Appeal\"><\/span><span class=\"ez-toc-section\" id=\"Unit_Details_Modern_Charm_with_Historic_Appeal\"><\/span>Unit Details: Modern Charm with Historic Appeal<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This <strong>504-square-foot<\/strong> condo, offering <strong>1 bedroom and 1 bathroom<\/strong>, is an ideal size for single professionals, couples, or investors looking for a turnkey vacation rental. The unit has been tastefully remodeled to incorporate modern finishes, including stainless steel appliances, updated plumbing and electrical systems, and durable wooden floors. Additionally, the property features <strong><a href=\"https:\/\/www.brickellsold.com\/blog\/florida-hurricanes-impact\/\">hurricane impact<\/a> windows<\/strong>, a crucial benefit in South <a href=\"https:\/\/www.brickellsold.com\/blog\/discover-oakland-park-florida\/\">Florida<\/a>, providing peace of mind during hurricane season.<\/p>\n<p>Although thoroughly updated, the unit retains the distinctive Art Deco character that makes the neighborhood so unique. Details like the Second Floor Entry and Living\/Dining Room area add to the cozy, efficient layout. With its modern kitchen and spacious bath, 551 Michigan Ave #123 offers a stylish and comfortable living experience right in the heart of SoBe.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Price_and_Investment_Potential\"><\/span><span class=\"ez-toc-section\" id=\"Price_and_Investment_Potential\"><\/span>Price and Investment Potential<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Listed at <strong>$274,900<\/strong>, with a recent price reduction from <strong>$275,000<\/strong>, this condo is competitively priced in the Miami Beach market. Its affordability and <a href=\"https:\/\/www.brickellsold.com\/blog\/luxury-condo-92-sw-3rd-st-2308-miami\/\">prime location<\/a> make it an attractive choice for first-time buyers, investors, and vacation home seekers. The condo\u2019s current price per square foot is <strong>$545<\/strong>, positioning it as a favorable option compared to other Miami Beach properties. Additionally, the building allows leasing during the first year, which opens up opportunities for short-term or vacation rentals, creating potential for an immediate return on investment.<\/p>\n<p>For insights into\u00a0<a href=\"https:\/\/preconstruction.info\/miami\" target=\"_blank\" rel=\"noopener\">pre-construction developments in Miami<\/a>, visit\u00a0<a href=\"https:\/\/preconstruction.info\/miami\" target=\"_new\" rel=\"noopener\">Preconstruction Info<\/a>, a key resource for staying updated on <a href=\"https:\/\/www.brickellsold.com\/blog\/cipriani-residences-miami-luxury\/\">Miami real estate<\/a> trends.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"In-Depth_Property_Features\"><\/span><span class=\"ez-toc-section\" id=\"In-Depth_Property_Features\"><\/span>In-Depth Property Features<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Interior_Design_and_Finishes\"><\/span><span class=\"ez-toc-section\" id=\"Interior_Design_and_Finishes\"><\/span>Interior Design and Finishes<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The unit\u2019s design is both functional and stylish, offering a <strong>Second Floor Entry<\/strong> and a layout that maximizes space without compromising on comfort. The open Living\/Dining Room area provides a welcoming space for relaxation or entertainment, while the bathroom features a tub shower, blending practicality with modern design. Flooring throughout the unit is a combination of tile and wood, ensuring durability and easy maintenance while adding a touch of sophistication to each room.<\/p>\n<p>The <strong>Italian-style kitchen<\/strong> is a standout feature, with stainless steel appliances, ample cabinet space, and a streamlined layout that makes cooking enjoyable. Thoughtfully designed to meet the needs of modern residents, this kitchen complements the Art Deco aesthetic while providing everything needed for a modern lifestyle.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Building_and_Community_Amenities\"><\/span><span class=\"ez-toc-section\" id=\"Building_and_Community_Amenities\"><\/span>Building and Community Amenities<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Living at 551 Michigan Ave #123 offers a mix of privacy, security, and community perks. The building is securely fenced and features <strong>key-card entry<\/strong>, giving residents additional peace of mind. Outdoor enthusiasts will appreciate the property\u2019s <strong>balcony, courtyard, and lush fruit trees<\/strong>, perfect for enjoying Miami\u2019s tropical climate.<\/p>\n<p>While the unit does not come with its own laundry facilities, the <strong>common area laundry<\/strong> offers a convenient solution. Other amenities include cable access and a secure gate, enhancing the living experience for residents and their guests.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Neighborhood_Overview_Miami_Beach_Art_Deco_condo\"><\/span><span class=\"ez-toc-section\" id=\"Neighborhood_Overview_Miami_Beach_Art_Deco_condo\"><\/span>Neighborhood Overview: Miami Beach Art Deco condo<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Art_Deco_District\"><\/span><span class=\"ez-toc-section\" id=\"Art_Deco_District\"><\/span>Art Deco District<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The Art Deco District is celebrated worldwide for its unique architecture, vibrant history, and cultural richness. The area\u2019s distinctive buildings, with their pastel colors, porthole windows, and geometric lines, capture the essence of Miami Beach. Living in this district means experiencing an immersive blend of history, culture, and modern luxury, with buildings dating back to the 1930s and 40s, including the one at 551 Michigan Ave.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Nearby_Attractions_and_Lifestyle_Benefits\"><\/span><span class=\"ez-toc-section\" id=\"Nearby_Attractions_and_Lifestyle_Benefits\"><\/span>Nearby Attractions and Lifestyle Benefits<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Located in the heart of <strong>South Beach (SoBe)<\/strong>, 551 Michigan Ave is within walking distance of some of Miami Beach\u2019s most famous attractions. Residents can enjoy easy access to nearby beaches, high-end dining establishments, trendy cafes, and the electric nightlife scene that makes South Beach one of the top tourist destinations in the world. For those who enjoy shopping, Lincoln Road and Collins Avenue are filled with boutique shops, designer stores, and artisanal markets, perfect for a day out or evening stroll.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Walkability_and_Transportation\"><\/span><span class=\"ez-toc-section\" id=\"Walkability_and_Transportation\"><\/span>Walkability and Transportation<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This property boasts an impressive <strong>Walk Score of 95<\/strong> and a <strong>Bike Score of 99<\/strong>, meaning that daily errands, leisure activities, and transportation needs can easily be met on foot or by bike. With a <strong>Transit Score of 81<\/strong>, the condo is also well-connected to public transportation, providing convenient access to other areas of Miami and surrounding cities.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Financial_Aspects_and_Monthly_Costs\"><\/span><span class=\"ez-toc-section\" id=\"Financial_Aspects_and_Monthly_Costs\"><\/span>Financial Aspects and Monthly Costs<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Price_Per_Square_Foot_and_Market_Comparisons\"><\/span><span class=\"ez-toc-section\" id=\"Price_Per_Square_Foot_and_Market_Comparisons\"><\/span>Price Per Square Foot and Market Comparisons<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>At <strong>$545 per square foot<\/strong>, 551 Michigan Ave #123 is attractively priced, especially considering the demand for Miami Beach properties and the unique historical value of the Art Deco District. Buyers can view this property as a strong investment compared to other listings in the area, which may be priced higher per square foot.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"HOA_and_Monthly_Fees\"><\/span><span class=\"ez-toc-section\" id=\"HOA_and_Monthly_Fees\"><\/span>HOA and Monthly Fees<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The <strong>HOA fee<\/strong> of <strong>$580 per month<\/strong> includes essential utilities and services, such as hot water, laundry, maintenance grounds, pest control, sewer, trash, and water. This fee simplifies costs for residents, offering services that ensure a well-maintained building and grounds. These fees are on par with other condominiums in the Miami Beach area, especially those in historic districts where additional maintenance is required to preserve the building\u2019s unique character.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Estimated_Monthly_Cost_and_Financing_Options\"><\/span><span class=\"ez-toc-section\" id=\"Estimated_Monthly_Cost_and_Financing_Options\"><\/span>Estimated Monthly Cost and Financing Options<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Based on the listed price and estimated monthly expenses, buyers can anticipate a monthly cost of approximately <strong>$2,535<\/strong>, which includes HOA fees, mortgage payments, and other associated costs. Financing options include <strong>cash, conventional, and <a href=\"https:\/\/www.brickellsold.com\/blog\/florida-housing-market-growth-2025\/\">FHA loans<\/a><\/strong>, providing flexibility for different types of buyers, from investors to vacation home purchasers.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"The_Investment_Potential_of_Miami_Beach_Real_Estate\"><\/span><span class=\"ez-toc-section\" id=\"The_Investment_Potential_of_Miami_Beach_Real_Estate\"><\/span>The Investment Potential of Miami Beach Real Estate<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Appreciation_and_Rental_Income\"><\/span><span class=\"ez-toc-section\" id=\"Appreciation_and_Rental_Income\"><\/span>Appreciation and Rental Income<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Miami Beach\u2019s real estate market is consistently growing, with property values steadily appreciating due to demand from both national and international buyers. With the possibility of leasing from the first year, this condo offers excellent rental income potential, whether for long-term leases or short-term vacation rentals. The demand for vacation rentals in Miami Beach is high, especially in iconic areas like the Art Deco District, providing a lucrative opportunity for investors.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Dual_Benefits_of_Ownership\"><\/span><span class=\"ez-toc-section\" id=\"Dual_Benefits_of_Ownership\"><\/span>Dual Benefits of Ownership<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Owning a property like 551 Michigan Ave #123 allows buyers to enjoy a vacation lifestyle while potentially earning rental income during periods when the property is not in use. This makes it an appealing investment for buyers who want to balance personal enjoyment with financial growth.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Educational_Facilities_and_Schools_Nearby\"><\/span><span class=\"ez-toc-section\" id=\"Educational_Facilities_and_Schools_Nearby\"><\/span>Educational Facilities and Schools Nearby<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Miami Beach is also known for its reputable educational institutions. Nearby schools include <strong>South Pointe Elementary School<\/strong>, <strong>Nautilus Middle School<\/strong>, and <strong>Miami Beach High School<\/strong>, each of which is well-regarded within the <a href=\"https:\/\/www.brickellsold.com\/blog\/miami-dade-county-real-estate-lifestyle\/\">Miami-Dade County<\/a> school system. For families with young children, these schools offer excellent educational resources and are conveniently located within short distances from the condo.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Tips_for_Buyers_Interested_in_Miami_Beach_Condominiums\"><\/span><span class=\"ez-toc-section\" id=\"Tips_for_Buyers_Interested_in_Miami_Beach_Condominiums\"><\/span>Tips for Buyers Interested in Miami Beach Condominiums<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Unique_Challenges_and_Benefits\"><\/span><span class=\"ez-toc-section\" id=\"Unique_Challenges_and_Benefits\"><\/span>Unique Challenges and Benefits<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Buying a historic Miami Beach property like 551 Michigan Ave #123 offers numerous benefits but also requires consideration of specific factors. With <a href=\"https:\/\/www.brickellsold.com\/blog\/florida-hurricanes-impact\/\">hurricane impact<\/a> windows and sturdy construction, this condo meets South Florida\u2019s strict hurricane readiness standards, a major plus in terms of durability and safety. However, buyers should consider HOA regulations, especially those related to building preservation, as these can affect remodeling options.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Working_with_Local_Experts\"><\/span><span class=\"ez-toc-section\" id=\"Working_with_Local_Experts\"><\/span>Working with Local Experts<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Miami Beach is a unique real estate market that benefits from local expertise. Working with an agent familiar with Miami Beach\u2019s neighborhoods, especially the Art Deco District, can help buyers understand the market and make informed decisions. For first-time buyers, resources like mortgage calculators, Miami-Dade tax information, and legal guidance can streamline the purchasing process.<\/p>\n<p>Discover more about\u00a0<a href=\"https:\/\/brickellsold.com\/\">luxury real estate opportunities in Brickell<\/a>\u00a0by exploring\u00a0<a href=\"https:\/\/brickellsold.com\/\" target=\"_new\" rel=\"noopener\">Brickell Sold<\/a>, a dedicated platform for\u00a0<a href=\"https:\/\/brickellsold.com\/\">high-end property listings<\/a>\u00a0and market analysis.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion_Why_551_Michigan_Ave_123_is_a_Smart_Investment_in_SoBes_Art_Deco_District\"><\/span><span class=\"ez-toc-section\" id=\"Conclusion_Why_551_Michigan_Ave_123_is_a_Smart_Investment_in_SoBes_Art_Deco_District\"><\/span>Conclusion: Why 551 Michigan Ave #123 is a Smart Investment in SoBe\u2019s Art Deco District<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In summary, <strong>551 Michigan Ave #123<\/strong> offers a rare opportunity to own a piece of Miami Beach\u2019s iconic history while enjoying modern comforts and conveniences. This thoughtfully updated condo provides charm, style, and value in one of the most desirable neighborhoods in Miami Beach. For anyone considering a home in South Beach, whether as an investment, vacation property, or year-round residence, this property stands out as a true gem in the heart of the Art Deco District.<\/p>\n<p>Whether you\u2019re drawn by the neighborhood\u2019s historic charm, the property\u2019s investment potential, or the lifestyle benefits of living in Miami Beach, 551 Michigan Ave #123 delivers on all fronts. Don\u2019t miss the opportunity to own a part of Miami\u2019s Art Deco heritage while enjoying the perks of modern living in this exceptional South Beach location.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Miami_market_relevance\"><\/span>Miami market relevance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If this topic impacts buyers or sellers, the most useful context is what is happening locally. Track current pricing, inventory, and days on market in Miami, and compare active listings by building or neighborhood before making decisions.<\/p>\n<p><a href=\"https:\/\/www.brickellsold.com\/brickell-miami-fl-real-estate\">Browse current Miami listings<\/a> or <a href=\"https:\/\/brickellsold.com\/en\/tools\/book-call\">request a tailored report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxury Living in Miami Beach\u2019s Iconic Art Deco District: A Closer Look at 551 Michigan Ave #123: Charming 1BD Miami Beach Art Deco Condo &#8211; Miami Beach, re<\/p>\n","protected":false},"author":1,"featured_media":193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"Luxury Living in Miami Beach\u2019s Iconic Art Deco District: A Closer Look at 551 Michigan Ave #123 | Brickellsold","rank_math_description":"Charming 1BD Miami Beach Art Deco Condo &#8211; Miami Beach, renowned for its tropical charm, vibrant lifestyle, and stunning coastline, is home to some of the ","rank_math_focus_keyword":"Luxury Living in Miami","rank_math_canonical_url":"https:\/\/www.brickellsold.com\/blog\/miami-beach-art-deco-condo-551-michigan-ave\/","rank_math_robots":"index,follow","footnotes":""},"categories":[32],"tags":[47,28,16,46],"class_list":["post-192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-update","tag-luxury-condos","tag-miami-beach","tag-miami-luxury-condos","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/comments?post=192"}],"version-history":[{"count":7,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/192\/revisions"}],"predecessor-version":[{"id":4591,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/192\/revisions\/4591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media\/193"}],"wp:attachment":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media?parent=192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/categories?post=192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/tags?post=192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}