551 Michigan Ave 223 Miami Beach, FL $ 240,000
551 Michigan Ave 223
$ 240,000
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551 Michigan Ave 223

Miami Beach, FL, 33139
$ 240,000
Bedrooms1 Baths1.0 Sq 504

Monthly Estimate*

$ 1,658

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Condo for sale in Miami Beach, FL

for $240,000 with 1 bedroom and 1 full bath. This 504 square foot condo was built in 1945.

Discover an exceptional opportunity to own a piece of Miami Beach in a charming Art Deco building that combines timeless character, valuable improvements, and an unbeatable location! Just blocks from the beautiful beaches of South Beach, this property offers the ultimate coastal lifestyle, surrounded by world-class dining, boutique shopping, entertainment, and the vibrant energy of Miami Beach. What truly sets this property apart are the significant building improvements: a ROOF APPROXIMATELY 3 YEARS OLD, IMPACT-RESISTANT WINDOWS AND DOORS, SUCCESSFULLY COMPLETED 40-YEAR RECERTIFICATION, AND BUILDING INSURANCE IN PLACE. These important features add tremendous value and appeal for today’s buyers. Enjoy the convenience of a highly walkable neighborhood where the beach, charming cafés, and iconic Art Deco architecture are part of everyday life. Perfect as a primary residence, vacation getaway, or investment opportunity, this property offers the chance to enjoy one of South Florida’s most desirable coastal communities. Association has no reserves; financing with 20% down may be possible, subject to lender approval. A fantastic opportunity to embrace the South Beach lifestyle while benefiting from important building upgrades. Schedule your private showing today!

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Condo Active

Price

$ 240,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 3,487

Style

Year Built

1945

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12107402

Features
General
Heating None
Cooling Central Air
Possession Other Subject To Tenant Rights
Appliances Dishwasher Disposal Microwave Refrigerator
HOA Fee 581
Garage Spaces 0
Association Fee Includes Insurance Trash Water
Security Features Complex Fenced
Restrictions Okay to Lease 1st Year OK To Lease
Construction Materials Block
Pets Allowed Conditional Cats OK Dogs OK Yes
Year Built 1945
View Garden
Unit Number 223
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities None
Subdivision Name 551/557 MICHIGAN CONDO
Garage Y/N false
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
Directions as er apple map
City Miami Beach
Entry Location 2
Senior Community Y/N false
MLS Area 42
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional Other
Property Attached Y/N true
Year Built Details Effective Year Built
Tax Annual Amount 3487
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12107402
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description 551/557 MICHIGAN CONDO UNIT 223 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
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Interior
Interior Amenities Bedroom on Main Level Second Floor Entry Pantry
Flooring Ceramic Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N false
Window Features Impact Glass
Half Baths 0
Total Bedrooms 1
Entry Level 2
Total Baths 1
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Exterior
Exterior Amenities Security/High Impact Doors
Parking Features None On Street
Lot Features Flood Zone
Building Area Total 504
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Lifestyle International Realty

Broker

almirdunayrealtor@gmail.com

Email

Affordability Calculator

$1,948
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,658
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$240,000 Listed Price

Map


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551 Michigan Ave 223, Miami Beach, FL, 33139 is a Condo for sale at $240,000 with 504 sqft. 551 Michigan Ave 223 has 1 bedrooms, 1.0 baths, and was built in 1945. The property's zip code is 33139 which is in Miami Beach, FL