$235,000
CondominiumActive557 Michigan Ave # 115, Miami Beach FL 33139
MLS #A12046382About This Property
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.
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Blue Mar Real Estate Group
About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Condominium
Year Built
1945
Living Area
426 sq ft
Bedrooms
1
Bathrooms
1
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Construction
Concrete Block Construction
HOA Fee
$450 / Monthly
Annual Taxes
$4,047 (2025)
Days on Market
0
MLS #
A12046382
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Miami Beach
Location
City
Miami Beach
State
FL
ZIP Code
33139
County
Miami-Dade County
Listing provided by Gabriela Lopez Nante at Miami Beach Real Estate Group. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12046382.