551 Michigan Ave # 223, Miami Beach, FL 33139

$240,0001 Beds1 Baths504 Sq. Ft.$476 / sq. ft.

Miami Beach, FL 33139 · MLS# A12107402 · Active · 551/557 Michigan Condo

Status
Active
Type
Condominium
Year Built
1945
Days on Market
1
MLS #
A12107402
County
Miami-Dade County

Description of 551 Michigan Ave # 223, Miami Beach, FL 33139

Discover an exceptional opportunity to own a piece of Miami Beach in a charming Art Deco building that combines timeless character, valuable improvements, and an unbeatable location! Just blocks from the beautiful beaches of South Beach, this property offers the ultimate coastal lifestyle, surrounded by world-class dining, boutique shopping, entertainment, and the vibrant energy of Miami Beach. What truly sets this property apart are the significant building improvements: a ROOF APPROXIMATELY 3 YEARS OLD, IMPACT-RESISTANT WINDOWS AND DOORS, SUCCESSFULLY COMPLETED 40-YEAR RECERTIFICATION, AND BUILDING INSURANCE IN PLACE. These important features add tremendous value and appeal for today’s buyers. Enjoy the convenience of a highly walkable neighborhood where the beach, charming cafés, and iconic Art Deco architecture are part of everyday life. Perfect as a primary residence, vacation getaway, or investment opportunity, this property offers the chance to enjoy one of South Florida’s most desirable coastal communities. Association has no reserves; financing with 20% down may be possible, subject to lender approval. A fantastic opportunity to embrace the South Beach lifestyle while benefiting from important building upgrades. Schedule your private showing today!

Property Details for 551 Michigan Ave # 223, Miami Beach, FL 33139

Bathrooms Full
1
Bathrooms Half
0
Interior Features
Second Floor Entry, Pantry
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Flooring
Ceramic Floor
Heating
None
Cooling
Central Air
Architectural Style
Corner Unit
Garage Spaces
0
Parking Features
None, On Street
Pool Private
No
Year Built Details
Effective Year Built

Building Information for 551 Michigan Ave # 223, Miami Beach, FL 33139

Building Name
551/557 Michigan Condo
Building Area Total
504
Building Area Units
Square Feet
Stories Total
2
Entry Level
2
Association
Yes
Association Fee
$581
Association Fee Frequency
Monthly
Association Amenities
None
Security Features
Complex Fenced

Property Information for 551 Michigan Ave # 223, Miami Beach, FL 33139

Waterfront
No
View
Garden View
Construction Materials
Concrete Block Construction
New Construction
No

Public Records for 551 Michigan Ave # 223, Miami Beach, FL 33139

Parcel Number
02-42-03-364-0160
Tax Annual Amount
$3,487
Tax Year
2025
Tax Legal Description
551/557 MICHIGAN CONDO UNIT 223 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
County Or Parish
Miami-Dade County

Payment Calculator

Estimated Payment
$2,206/mo
Principal & Interest
$1,214
Property Taxes
$291
Home Insurance
$120
HOA Dues
$581

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

551 Michigan Ave # 223, Miami Beach, FL 33139 · See all Miami Beach condos for sale

Courtesy of Lifestyle International Realty

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More information about 551 Michigan Ave # 223, Miami Beach, FL 33139

551 Michigan Ave # 223 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on October 15, 2026 by Lifestyle International Realty, it's currently listed at $240,000. This listing's school district is Miami-Dade County Public Schools. 551 Michigan Ave # 223 is a 1-bed, 1-bath, 504 sqft condo built in 1945.