Property photos —
MIAMI REALTORS® MLSActiveMLS® A12046382
$260,000
557 Michigan Avenue 115, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Sqft
- 426
- Home type
- Condominium
- Year built
- 1945
- Lot size
- —
- Price / sqft
- $610
- HOA
- $450/mo
- Community
- 551/557 MICHIGAN CONDO
Property 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.
Listing activity
- Days on market
- 115
- Listed
- Jul 1, 2026
- MLS listing updated
- Oct 12, 2026
- Feed last checked
- Just now
Listed by Gabriela Cecilia Lopez Nante · Miami Beach Real Estate Group
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 1
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Laminate
- Appliances
- Dishwasher
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
Exterior
- Stories
- 2
- Building area
- 426 sqft
- Entry level
- 1
- Exterior features
- Other
- View
- Garden
- Waterfront property
- No
Construction
Type & style
- Home type
- Condominium
- Year built
- 1945
- New construction
- No
Materials
- Construction
- Block
- Property condition
- Resale
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- 551/557 MICHIGAN CONDO
- MLS area
- 2420
- Security
- Other
- Pets allowed
- Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $450 monthly
- Estimated monthly dues
- $450
- Amenities
- Laundry
- Services included
- Sewer, Water
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12046382
- Possession
- Close Of Escrow
- Original list price
- $235,000
- Parcel number
- 0242033640090
- Annual property tax
- $4,047
- Tax year
- 2025
- Tax legal description
- 551/557 MICHIGAN CONDO UNIT 115 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
Additional MLS details
Reported by the listing source
- Association Amenities
- Laundry
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Sewer, Water
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Building Area Total
- 426
- Construction Materials
- Block
- County Or Parish
- Miami-Dade
- Days On Market
- 115
- Elementary School
- Miami Beach South Pointe
- High School
- Miami Beach
- List Price
- 260000
- Listing Contract Date
- 2026-07-01
- Living Area
- 426
- MLSArea Major
- 2420
- Middle Or Junior School
- Miami Beach Nautilus
- Mls Status
- Active
- On Market Date
- 2026-07-01
- Photos Count
- 9
- Postal Code
- 33139
- Price Change Timestamp
- 2026-10-12T16:04:13Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Other
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-07-01T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- 551/557 MICHIGAN CONDO
- Tax Annual Amount
- 4047
- Bathrooms Full
- 1
- Bedrooms Total
- 1
- Waterfront
- No
- Bathrooms Half
- 0
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 450
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jul 1, 2026 | ListedMIAMI REALTORS® MLS | $235,000$552/sqft |
| Oct 12, 2026 | Price reducedMIAMI REALTORS® MLS | $260,000$610/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $4,047 | — |
Payment calculator
Estimated monthly payment$2,266/moIllustrative estimate, not a loan offer.
- Principal & interest
- $1,349
- Property taxes
- $337
- Insurance
- $130
- Association dues
- $450
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
551/557 MICHIGAN CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Miami Beach South PointeElementary
—Miami Beach NautilusMiddle
—Miami BeachHigh
—Nearby homes
12 homesMIAMI REALTORS® MLS$240,0001 bd · 1 ba · 504 sqft551 Michigan Avenue 223, Miami Beach, FL 33139
Property photos coming from MLSMIAMI REALTORS® MLS$5,600,000— bd · 0 ba · — sqft560 Michigan Avenue, Miami Beach, FL 33139
Property photos coming from MLSMIAMI REALTORS® MLS$178,9500 bd · 1 ba · 0 sqft544 Michigan Avenue 10, Miami Beach, FL 33139
MIAMI REALTORS® MLS$439,0001 bd · 1 ba · 719 sqft645 Michigan Avenue C, Miami Beach, FL 33139
MIAMI REALTORS® MLS$180,0000 bd · 1 ba · 330 sqft642 Michigan Avenue 29, Miami Beach, FL 33139
Property photos coming from MLSMIAMI REALTORS® MLS$140,0000 bd · 1 ba · 290 sqft642 Michigan Avenue 6, Miami Beach, FL 33139
Property photos coming from MLSMIAMI REALTORS® MLS$298,7501 bd · 1 ba · 585 sqft932 7th Street 932A, Miami Beach, FL 33139
MIAMI REALTORS® MLS$283,9001 bd · 1 ba · 660 sqft631 Jefferson Avenue 304, Miami Beach, FL 33139
MIAMI REALTORS® MLS$4,100,000— bd · 0 ba · 7,868 sqft1000 7th Street, Miami Beach, FL 33139
MIAMI REALTORS® MLS$264,0001 bd · 1 ba · 420 sqft528 Meridian Avenue 202A, Miami Beach, FL 33139
$235,0002 bd · 1 ba · 669 sqft528 MERIDIAN Avenue 204, Miami Beach, FL 33139
MIAMI REALTORS® MLS$265,0001 bd · 1 ba · 621 sqft1050 7th Street 1050-3, Miami Beach, FL 33139
Similar homes
12 homesMIAMI REALTORS® MLS$260,0002 bd · 2 ba · 1,300 sqft2780 NE 183rd Street 302, Aventura, FL 33160
MIAMI REALTORS® MLS$260,0002 bd · 2 ba · 838 sqft685 Miller Drive E205, Miami Springs, FL 33166
MIAMI REALTORS® MLS$260,0002 bd · 2 ba · 994 sqft20500 W Country Club Drive 714, Aventura, FL 33180
Property photos coming from MLSMIAMI REALTORS® MLS$260,0000 bd · 1 ba · 551 sqft18001 Collins Avenue 810, Sunny Isles Beach, FL 33160
MIAMI REALTORS® MLS$260,0002 bd · 2 ba · 990 sqft9440 Fontainebleau Boulevard 203, Miami, FL 33172
MIAMI REALTORS® MLS$260,0001 bd · 1 ba · 984 sqft2020 NE 135th Street 211, North Miami, FL 33181
MIAMI REALTORS® MLS$260,0002 bd · 1 ba · 879 sqft8345 Byron Avenue 6, Miami Beach, FL 33141
Property photos coming from MLSMIAMI REALTORS® MLS$260,0002 bd · 2 ba · 936 sqft10875 SW 112th Avenue 206, Miami, FL 33176
MIAMI REALTORS® MLS$260,0002 bd · 2 ba · 907 sqft931 NE 199th Street 102-22, Miami, FL 33179
Property photos coming from MLSMIAMI REALTORS® MLS$260,0003 bd · 2 ba · 1,323 sqft1750 W 46th Street 331, Hialeah, FL 33012
Property photos coming from MLSMIAMI REALTORS® MLS$260,0000 bd · 1 ba · 401 sqft1750 N Bayshore Drive 1204, Miami, FL 33132
MIAMI REALTORS® MLS$260,0002 bd · 2 ba · 1,074 sqft820 NW 87th Avenue 105, Miami, FL 33172