551 Michigan Avenue 223, Miami Beach, FL 33139
$240,000
Property Type:
Residential
Bedrooms:
1
Baths:
1
Square Footage:
504
Status:
Active
Current Price:
$240,000
List Date:
10/15/2026
Last Modified:
10/30/2026
Overview
Description
...
(Read more)
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!
Listing Details MLS# A12107402
General Property Information
- Unit Floor #
- 2
- Property Sub Type
- Condominium
- Bedrooms Total
- Yes
- Bathrooms Total
- Yes
- Bathrooms Full
- Yes
- Building Area Main
- 504
- Living Area Main
- 504
- Adjusted Area Main
- 504
- Year Built
- 1945
- Senior Community YN
- Yes
- Stories Total
- 2
Property Features
Application Information:
1-2 Weeks Approval; Association Approval Required
Association Fee Includes:
Insurance; Trash; Water
Flooring:
Ceramic Tile
Leasing Permitted Details:
Okay To Lease; Okay To Lease During First Year
Parking Features:
On Street
Appliances:
Dishwasher; Disposal; Microwave; Refrigerator
Construction Materials:
Block
Cooling:
Central Air
Association Type:
Condominium
Heating:
None
Interior Features:
Pantry
Listing Terms:
Cash; Conventional; Other
Pets Allowed YN:
Yes
Possession:
Subject To Tenant Rights; Other
Security Features:
Security Fence
Special Information:
Sold As-Is
Tax Information:
Tax Reflects No Exemptions
Unit Description:
Corner/End Unit
View:
Garden
Water Access:
None
Showing Requirements:
Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign; Showing Service
Contract Information
- Comp Sale YN
- No
- Original List Price
- 240000
- Occupant Type
- Tenant
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 551
- Street Name
- Michigan
- Street Suffix
- Avenue
- Unit Number
- 223
- City Name
- Miami Beach
- Municipal Code
- 2
- State Or Province
- FL
- Postal Code
- 33139
- Postal Code +4
- 6351
- Postal Zip
- 33139
- Subdivision Name
- 551/557 MICHIGAN CONDO
- Area
- 2420
- Elementary School
- Miami Beach South Pointe
- Middle Or Junior School
- Miami Beach Nautilus
- High School
- Miami Beach
- Special Assessment YN
- No
- Parcel Number
- 0242033640160
- Subdivision Number
- 364
- Flood Zone
- AE
- Directions
- as er apple map
Financial Information
- Association YN
- Yes
- Association Fee
- 581
- Association Fee Frequency
- Monthly
- Application Required YN
- Yes
- Estimated Monthly Assoc Recurring Fee
- 581
- Membership Fee Required YN
- No
- Tax Annual Amount
- 3487
- Tax Year
- 2025
- Tax Legal Description
- 551/557 MICHIGAN CONDO UNIT 223 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
Status Change Information
- Major Change Timestamp
- 2026-10-15T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-10-15
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 150
Entry Information
- Entry Level
- 2
Leasing Permitted Details
- Leasing Permitted YN
- Yes
Short Sale Details
- Short Sale Addendum
- No
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
- Leasing - Minimum Number of Days
- 365
Storm Protection
- Impact Glass
- Partial
Price Calculations
- Current Price To SqFt
- 476.19
Section Details
- Parcel Number MLX
- 0160
Originating Details
- Originating System Key
- 567170289
- Originating System ID
- M00000151
Listing Office:
Lifestyle International Realty

Last Updated: October - 30 - 2026
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