1-Bed Condominium at 551/557 MICHIGAN CONDO in Miami Beach

$235,000

Listing courtesy of Miami Beach Real Estate Group; Gabriela Lopez Nante. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedroom

1

bathroom

1

Square Footage

426

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$552/sqft
Built In
1945
Association Fee
$450/mo HOA
Taxes
$4,047/yr

Description

Great renovated 1-bedroom, 1-bathroom condo in a Prime location. Enjoy the benefit of an exceptionally low monthly HOA for the area, with no special assessments. This property is currently tenant-occupied, providing immediate rental income from the day of closing. Located in a rapidly growing neighborhood, it also offers excellent flexibility for investors, with the ability to rent every 30 days. Just steps from the beach, upscale dining, and premier shopping, this is an outstanding opportunity for both investors and future homeowners seeking a property in one of the area's most sought-after locations.

This condominium home located at 557 Michigan Ave # 115, Miami Beach FL 33139 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $235K. It has 1 beds, 1 bathrooms, and is 426 square feet. It was built in 1945. 557 Michigan Ave # 115, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Bedrooms
1
Bathrooms
1
Bathrooms Full
1
Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Central
Cooling
Central Air
Appliances
Dishwasher
Total structure area
426
Total interior livable area
426 sqft

Property

Parking
  • Parking Features: None
Parcel Number
02-42-03-364-0090
Features
  • Entry location: First Floor Entry
  • Exterior Features: None, Other
  • View Description: Garden View, None

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
Concrete Block Construction
Condition
  • Year Built: 1945

Community & HOA

Community
  • Security Features: Other
  • Subdivision: 551/557 MICHIGAN CONDO
HOA
  • Has HOA: Yes
  • Amenities: Laundry
  • HOA Fees: $450/mo
Region
Miami Beach

Financial

Price Per Sqft
$552/sqft
Taxes
$4,047/yr
Association Fee
$450/mo
On Market Date
6/30/2026
Listing Terms
All Cash, Conventional

Metadata

Added
7/1/2026
Updated
7/1/2026
MLS#
A12046382
Listed By
Miami Beach Real Estate Group
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Miami Beach South Pointe Elementary 0.0 mi • K-12
  • Miami Beach Adult & Community Education Center 0.0 mi • K-12
  • Miami Beach Fienberg/Fisher K-8 Center 0.0 mi • K-12
  • Miami Beach Senior High 0.0 mi • K-12
  • North Beach Elementary 0.0 mi • K-12
  • Miami Beach Nautilus Middle 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$235,000Jul 1, 2026

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