
557 Michigan Ave # 115, Miami Beach, FL 33139
Miami Beach, FL 33139 · Michigan Condominium
About 557 Michigan Ave # 115, Miami Beach, FL 33139
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.
How This Listing Compares in Miami Beach
Per square foot, it is asking 10% below the Miami Beach median for sales closed over the last twelve months.
| This home | Miami Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $552 | $614 |
| 1-bedroom price | $235,000 | $345,250 |
| Days on market | 91 | 84 |
Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.
Home Features at 557 Michigan Ave # 115, Miami Beach, FL 33139
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- First Floor Entry
- Appliances
- Dishwasher
- Heating
- Central
- Cooling
- Central Air
- Garage Spaces
- 0
- Parking Features
- None
- Pool Private
- No
- Year Built Details
- Resale
The Building at 557 Michigan Ave # 115, Miami Beach, FL 33139
- Building Name
- Michigan Condominium
- Building Area Total
- 426
- Building Area Units
- Square Feet
- Stories Total
- 2
- Entry Level
- 1
- Association
- Yes
- Association Fee
- $450
- Association Fee Frequency
- Monthly
- Association Amenities
- Laundry
- Security Features
- Other
Lot, Views & Construction at 557 Michigan Ave # 115, Miami Beach, FL 33139
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Garden View, None
- Construction Materials
- Concrete Block Construction
- Exterior Features
- None, Other
- New Construction
- No
Taxes & Public Record for 557 Michigan Ave # 115, Miami Beach, FL 33139
- Parcel Number
- 02-42-03-364-0090
- Tax Annual Amount
- $4,047
- Tax Year
- 2,025
- Tax Legal Description
- 551/557 MICHIGAN CONDO UNIT 115 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
- County Or Parish
- Miami-Dade County
Map & Neighborhood
557 Michigan Ave # 115, Miami Beach, FL 33139 · More homes in Miami Beach
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557 Michigan Ave # 115, Miami Beach, FL 33139 at a Glance
Offered for sale in Miami Beach 33139, 557 Michigan Ave # 115 is a condo with 1 bedroom, 1 bathrooms and about 426 square feet of living space, dating to 1945. The asking price is $235,000, on the market since July 1, 2026, with Miami Beach Real Estate Group as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.