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$1,295,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,488 Sq. Ft.
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Unique architectural two-story loft penthouse with private rooftop terrace in the heart of South of Fifth (SoFi). Defined by soaring 16-foot ceilings and floor-to-ceiling impact windows, the double-height living space is filled with natural light and showcases western exposures with stunning sunset views toward Biscayne Bay. This two-bedroom, two-bath residence offers 1,488 sq ft of interior living space plus a private 332 sq ft rooftop terrace - an exceptional outdoor retreat overlooking Fisher Island, the Port of Miami, and Miami Beach sunsets. The updated kitchen features Bosch appliances, modern cabinetry, and upgraded finishes, complemented by renovated bathrooms and dual walk-in closets with custom built-ins. Built in 2004, the residence includes two assigned parking spaces, bike and motorcycle storage, and pet-friendly policies. The financially stable boutique building offers a low HOA and recently completed major improvements, including pool renovation, elevator modernization, and upgraded security systems. Located moments from South Pointe Park, Miami Beach Marina, beach access, Whole Foods, Pura Vida, cafés, and top dining destinations, this private rooftop penthouse presents a rare opportunity in highly desirable South of Fifth.

Full Property Details for 245 Michigan Ave #LP-4

General

  • Price: $1,295,000
  • HOA FEE: $1,025/month
  • Taxes: $12,384 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11961071
  • Updated: 3/16/2026
  • Added to Site: 54 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Split Bedroom, Walk-In Closet(s), Loft
  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Combination Tub & Shower

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Primary Bedroom Upstairs

Other Rooms

  • Living Room: Loft Sq. Ft.

Additional Information

  • Shared Amenities: Barbecue, Bike Storage, Child Play Area, Heated Pool, Trash Chute
  • Maint. Includes: All Amenities, Building Exterior, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Manager, Parking, Pest Control Interior, Pool Service, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal
  • Security/Safety: Complex Fenced, Card Entry, Secured Garage/Parking

Exterior

  • Exterior Features: Barbecue, Courtyard, Open Balcony
  • Deck/Patio: Open Balcony, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Assigned, Covered

Location

  • Area: Absolut Condo
  • County: Miami-Dade County
  • Subdivision: ABSOLUT CONDO
  • Building Name: ABSOLUT CONDO
  • Direction Faces: East

School Information

  • Elementary School: South Pointe
  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Absolut Condo
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Structural Information

  • Architectural Style: Penthouse, Split Level
  • Structure Type: Townhouse, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Windows: Blinds, High Impact Windows
  • Doors: High Impact Doors
  • Entry Floor Number: 2
  • Building Size: 1488
  • Square Feet: 1,488
  • Living Area: 1,488 Sq. Ft.
  • Year Built: 2004

Lot Features

  • Property View: Bay, Garden View, Skyline
  • Fencing (Description): Fenced

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $870.3
  • Association Fee: $1,025
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $12,384
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Ownership: Self Proprietor/Individual
  • Legal Description: ABSOLUT CONDO UNIT LP-4 UNDIV 4.88% INT IN COMMON ELEMENTS OFF REC 22664-3028 COC 25619-3745 05 2007 5
  • Restrictions: No Daily Rentals, Ok To Lease
  • Property ID: 02-42-03-280-0080

Listed by Douglas Elliman

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Listing agent

— 245 Michigan Ave #LP-4 —

  • Douglas Elliman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 245 Michigan Ave #LP-4

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.1 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.9 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 245 Michigan Ave #LP-4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Price Reduced
$1,295,000
-7.17%
MLS
2/11/2026
Listed
$1,395,000
82.35%
MLS
4/30/2021
Sold
$765,000
—
Public Record
Get Price Alerts and Save Property
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 for 245 Michigan Ave #LP-4

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,384
3%
$701,731
3%
2024
$12,040
3%
$681,955
3%
2023
$11,734
17%
$662,093
28%
2021
$10,009
-11%
$518,394
-19%
2022
$11,303
13%
$642,809
3%
2021
$10,009
-8%
$626,080
12%
2019
$10,833
2%
$559,000
-8%
2018
$10,649
-1%
$607,340
—
2017
$10,788
-9%
$607,340
—
2016
$11,797
-2%
$607,340
—
2015
$12,033
47%
$607,340
37%
2014
$8,169
2%
$442,268
1%
2013
$8,044
—
$435,733
—
View All
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 for 245 Michigan Ave #LP-4

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NMLS#: 1598647

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Listed by Douglas Elliman

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245 Michigan Ave #LP-4, Miami Beach, FL 33139 (MLS# A11961071) is a Condo property with 2 bedrooms and 2 full bathrooms. 245 Michigan Ave #LP-4 is currently listed for $1,295,000 and was received on February 11, 2026. Want to learn more about 245 Michigan Ave #LP-4? 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.

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