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$685,000
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Property Description
The Best Value 2-Bedroom Unit in South of Fifth! Set on a quiet, tree-lined street in Miami Beach's most prestigious neighborhood, this rare 2-bedroom, 2-bath corner residence is now priced for an immediate sale. Offering the ultimate entry-level opportunity into the highly coveted South of Fifth lifestyle, this property stands out as the strongest value play on the market today. The bright, open layout maximizes every inch of its space, featuring wood floors, a granite kitchen, marble baths, a custom walk-in closet, and an in-unit washer/dryer. Hurricane-impact windows and a newer A/C provide total peace of mind. Three sets of sliding glass doors open up to an oversized private terrace showcasing beautiful bay-to-skyline views. Best of all, the unit includes two assigned covered parking spaces-a premium luxury that is genuinely hard to find at this price point in SoFi. Located just steps from the beach, South Pointe Park, and the neighborhood's world-class dining scene. This boutique, pet-friendly building features a pool, hot tub, and secured entry. With a new price adjustment to $685,000, this is an unmissable opportunity to secure a premier footprint in Miami's most coveted zip code. Schedule your private tour today.
Full Property Details
Full Property Details for 227 Michigan Ave #405
General
- Price: $685,000
- HOA FEE: $1,211/month
- Taxes: $9,651 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11955595
- Updated: 6/18/2026
- Added to Site: 163 day(s) ago
Interior
- Interior Features: Built-in Features, Walk-In Closet(s)
- Appliances: Dryer, Microwave, Electric Range, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Combination Tub & Shower
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Dining Room: Family/Dining Combination
Additional Information
- Shared Amenities: Elevator(s), Heated Pool, Library, Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Common Area, Elevator, Insurance, Pool Service, Sewer, Trash Removal, Water
- Security/Safety: Complex Fenced, Phone Entry, Secured Garage/Parking
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Assigned, Covered, Limited # Of Vehicle
Location
- Area: The Ambassadors Condo
- County: Miami-Dade County
- Subdivision: THE AMBASSADORS CONDO
- Building Name: THE AMBASSADORS CONDO
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: The Ambassadors Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 4
- Building Size: 940
- Square Feet: 940
- Living Area: 940 Sq. Ft.
- Year Built: 2000
Lot Features
- Property View: Intracoastal View, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $728.72
- Association Fee: $1,211
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,651
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: THE AMBASSADORS CONDO UNIT 405 UNDIV 3.6358% INT IN COMMON ELEMENTS OFF REC 19089-0620 OR 21413-3727-29 06/2003 1
- Restrictions: Ok To Lease
- Property ID: 02-42-03-239-0220
Listed by Venture Realty LLC
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Schools
Schools serving 227 Michigan Ave #405
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.1 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 Michigan Ave #405
Date
Details
Price
Change
Source
6/18/2026
Price Reduced
$685,000
-4.2%
MLS
6/06/2026
Price Reduced
$715,000
-1.38%
MLS
4/30/2026
Price Reduced
$725,000
-3.2%
MLS
1/30/2026
Listed
$749,000
126.97%
MLS
3/12/2010
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 227 Michigan Ave #405
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,651
—
$514,436
—
2024
$9,667
2%
$514,436
—
2023
$9,448
9%
$514,436
15%
2021
$8,637
3%
$447,336
—
2022
$8,405
-3%
$447,336
8%
2021
$8,637
13%
$414,200
5%
2019
$7,655
-7%
$395,000
-10%
2018
$8,246
-1%
$438,534
—
2017
$8,351
2%
$438,534
4%
2016
$8,191
1%
$421,667
8%
2015
$8,144
13%
$390,599
10%
2014
$7,214
2%
$355,090
3%
2013
$7,081
—
$343,724
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 Michigan Ave #405
227 Michigan Ave #405, Miami Beach, FL 33139 (MLS# A11955595) is a Condo property with 2 bedrooms and 2 full bathrooms. 227 Michigan Ave #405 is currently listed for $685,000 and was received on January 30, 2026. Want to learn more about 227 Michigan Ave #405? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

