Date
Details
Price
Change
Source
7/01/2026
Listed
$235,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$235,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 557 Michigan Ave #115
General
- Price: $235,000
- HOA FEE: $450/month
- Taxes: $4,047 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12046382
- Updated: 7/1/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Laundry
- Maint. Includes: Sewer, Water
- Security/Safety: Other
Exterior
- Exterior Features: None, Other
Parking
- Parking Features: None
Location
- Area: 551/557 Michigan Condo
- County: Miami-Dade County
- Subdivision: 551/557 MICHIGAN CONDO
- Building Name: Michigan Condominium
Community
- Community Name: 551/557 Michigan Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 1
- Building Size: 426
- Square Feet: 426
- Living Area: 426 Sq. Ft.
- Year Built: 1945
Lot Features
- Property View: Garden View, None
Financial Considerations
- Price Per Sq. Ft.: $551.64
- Association Fee: $450
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,047
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 551/557 MICHIGAN CONDO UNIT 115 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
- Restrictions: Corporate Buyer OK, Ok To Lease, Okay To Lease 1st Year
- Property ID: 02-42-03-364-0090
Listed by Miami Beach Real Estate Group
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Listing agent
— 557 Michigan Ave #115 —
Miami Beach Real Estate Group
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Schools
Schools serving 557 Michigan Ave #115
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.6 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 557 Michigan Ave #115
Tax History
Tax History for 557 Michigan Ave #115
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,444
-12%
$183,589
-20%
2024
$3,898
14%
$229,486
24%
2023
$3,408
20%
$185,069
26%
2021
$2,836
-9%
$146,880
-17%
2022
$3,133
10%
$176,256
22%
2021
$2,836
-9%
$144,000
-10%
2019
$3,101
-2%
$160,000
-5%
2018
$3,168
-1%
$168,480
—
2017
$3,208
6%
$168,480
8%
2016
$3,030
—
$156,000
—
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 557 Michigan Ave #115
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557 Michigan Ave #115, Miami Beach, FL 33139 (MLS# A12046382) is a Condo property with 1 bedroom and 1 full bathroom. 557 Michigan Ave #115 is currently listed for $235,000 and was received on July 01, 2026. Want to learn more about 557 Michigan Ave #115? 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.