$225,000
$10K PRICE INCREASE

557 Michigan Ave Unit 115 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,161/month

Total Views 4,329
1 Bed
1 Bath
426 Sq Ft
$528 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Central Heating and Cooling System
  • Fenced
  • South Pointe Elementary School Rated A-

About This Home

Location. Location. Location
1 bed / 1 bath on first floor, SS appliances, close to Publix, beach ,. highways.
Excellent for investors looking for income with rent.
Tenant until 1/31/2026 paying $ 1850/monthly

Listing Agent

Alejandro Leiva

EXP Realty LLC License #3460482

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1945

Lot Details

  • Fenced

HOA Fees

  • $580 Monthly HOA Fees

Interior Spaces

  • 426 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-364-0090

Community Details

Overview

  • Michigan Condominium Condos
  • 551/557 Michigan Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,898

Year Built

Built in 1945

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 551/557 MICHIGAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Electric Water Heater
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 426
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: None
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Michigan Condominium
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 580
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-364-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3898

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $3,408 $195,496 -- --
2023 $3,408 $177,724 $0 $0
2022 $3,133 $161,568 $0 $0
2021 $2,836 $146,880 $0 $0
2020 $2,788 $144,000 $0 $0
2019 $3,101 $160,000 $0 $0
2018 $3,168 $168,480 $0 $0
2017 $3,208 $168,480 $0 $0
2016 $3,030 $156,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2025 02/02/25 Price Changed $225,000 0.0% $528 / Sq Ft
01/30/2025 01/30/25 Rented $1,850 0.0% --
12/28/2024 12/28/24 For Sale $215,000 0.0% $505 / Sq Ft
08/16/2024 08/16/24 For Rent $1,950 +39.3% --
05/01/2019 05/01/19 Rented $1,400 0.0% --
04/11/2019 04/11/19 Under Contract -- -- --
03/26/2019 03/26/19 For Rent $1,400 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed $159,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11714995

MIAMI REALTORS® MLS

APN: 02-4203-364-0090

Florida Miami/Dade County Miami Beach 33139 Flamingo

557 Michigan Ave Unit 115, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 557 Michigan Ave Unit 115, Miami Beach, FL 33139 and is currently priced at $225,000, approximately $528 per square foot. This property was built in 1945. 557 Michigan Ave Unit 115 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Alejandro Leiva
Section Image
EXP Realty LLC
(786) 981-1216