MIAMI LUXHomes

557 Michigan Ave # 115, Miami Beach, FL 33139

$235,0001 Beds1 Baths426 Sq. Ft.$552 / sq. ft.

Miami Beach, FL 33139 · Michigan Condominium

Status
Active
Type
Condominium
Year Built
1945
Days on Market
91
MLS #
A12046382
County
Miami-Dade County

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 homeMiami Beach median (12 mo)
Price per sq. ft.$552$614
1-bedroom price$235,000$345,250
Days on market9184

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

Courtesy of Miami Beach Real Estate Group

Comparable Listings in Miami Beach

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.