551 Michigan Ave Unit 224 Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $2,643/month
Total Views
2,044
1
Bed
1
Bath
504
Sq Ft
$615
Price per Sq Ft
Highlights
- Clear Impact Glass
- Views
- Ceiling Fan
- South Pointe Elementary School Rated A-
- Central Heating and Cooling System
- Laundry Facilities
About This Home
Lovely remodeled Art Deco second floor 1 bedroom 1 bathroom conveniently in the heart of South Beach. This lovely apartment also features an assigned parking space, Italian-style kitchen cabinets, stainless steel appliances, including a dishwasher, contemporary bathroom fixtures, laminate floors, and a community washer & dryer. This apartment is just a short walk from our world-famous beaches, shops, restaurants, Publix, Target, Walgreens, several gyms and the public pool, and Flamingo Park. The unit is very airy and bright. Also perfect for an investment property, a beach pied-a-terre. HOA and city allow seasonal rentals with proper licenses.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,989
Year Built
- Built in 1945
Lot Details
- North Facing Home
- Fenced
HOA Fees
- $580 Monthly HOA Fees
Interior Spaces
- 504 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Property Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- 1 Car Parking Space
- On-Street Parking
- Open Parking
- Assigned Parking
Additional Features
- Energy-Efficient HVAC
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-03-364-0180
Community Details
Overview
- 551/557 Michigan Condo
- 551/557 Michigan Condo Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Complex Is Fenced
- Clear Impact Glass
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,487 | $200,063 | -- | -- |
| 2023 | $3,487 | $181,876 | $0 | $0 |
| 2022 | $3,206 | $165,342 | $0 | $0 |
| 2021 | $2,902 | $150,311 | $0 | $0 |
| 2020 | $2,670 | $137,900 | $0 | $0 |
| 2019 | $3,818 | $197,000 | $0 | $0 |
| 2018 | $3,699 | $196,733 | $0 | $0 |
| 2017 | $3,746 | $196,733 | $0 | $0 |
| 2016 | $3,538 | $182,160 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | For Sale | $310,000 | 0.0% | $615 / Sq Ft |
| 08/08/2023 08/08/23 | Rented | $1,825 | -8.8% | -- |
| 08/04/2023 08/04/23 | For Rent | $2,000 | 0.0% | -- |
| 07/18/2023 07/18/23 | Under Contract | -- | -- | -- |
| 07/15/2023 07/15/23 | Off Market | $2,000 | -- | -- |
| 07/05/2023 07/05/23 | Price Changed | $2,000 | -4.8% | $4 / Sq Ft |
| 06/20/2023 06/20/23 | Price Changed | $2,100 | -4.5% | $4 / Sq Ft |
| 03/30/2023 03/30/23 | For Rent | $2,200 | 0.0% | -- |
| 07/18/2022 07/18/22 | Rented | $2,200 | 0.0% | -- |
| 06/13/2022 06/13/22 | For Rent | $2,200 | +33.3% | -- |
| 07/15/2021 07/15/21 | Rented | $1,650 | -8.3% | -- |
| 06/18/2021 06/18/21 | Under Contract | -- | -- | -- |
| 06/02/2021 06/02/21 | For Rent | $1,800 | +20.0% | -- |
| 06/01/2019 06/01/19 | Rented | $1,500 | -6.3% | -- |
| 05/29/2019 05/29/19 | Under Contract | -- | -- | -- |
| 04/15/2019 04/15/19 | For Rent | $1,600 | +3.2% | -- |
| 04/27/2018 04/27/18 | Rented | $1,550 | -3.1% | -- |
| 04/05/2018 04/05/18 | Under Contract | -- | -- | -- |
| 01/29/2018 01/29/18 | For Rent | $1,600 | +4.2% | -- |
| 11/20/2016 11/20/16 | Rented | $1,535 | -4.1% | -- |
| 10/28/2016 10/28/16 | Under Contract | -- | -- | -- |
| 09/19/2016 09/19/16 | Price Changed | $1,600 | -5.9% | $3 / Sq Ft |
| 08/16/2016 08/16/16 | Price Changed | $1,700 | -8.1% | $3 / Sq Ft |
| 06/27/2016 06/27/16 | For Rent | $1,850 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Attorney | |
| Deed | $187,100 | -- |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11749992
APN: 02-4203-364-0180
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