Discover South Beach living in this sunlit 1 bed/1 bath top floor corner unit. Enjoy urban convenience minutes from Lincoln Road, dining, and parks, with the beach just 10 minutes away. Recently upgraded A/C (2022), wood floors, and hurricane impact windows, this unit also features stainless steel appliances and on-site washer/dryer. Street parking. Come live in this South Beach gem.
Sold for $265,000
$265,000
551 Michigan Ave APT 121, Miami Beach, FL 33139
1beds
521sqft
Condominium
Built in 1945
-- sqft lot
$261,700 Zestimate®
$509/sqft
$2,122 Estimated rent
Home value
$261,700
$236,000 - $290,000
$2,122/mo
Zestimate® history
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$2,438/mo
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Zillow last checked:
Listing updated:
Listed by:
Alexander Abella 305-510-9365,
Compass Florida, LLC
Bought with:
Gerard Vignuli, 3612928
New Level Corp
Source: MIAMI,MLS#: A11631727
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator
- Laundry: Common Area
Features
- Split Bedroom
- Flooring: Wood
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 521
- Total interior livable area: 521 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Entry location: First Floor Entry
- Exterior features: Courtyard
- Fencing: Fenced
- Has view: Yes
- View description: None
Details
- Parcel number: 0242033640110
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1945
Community & HOA
Community
- Security: Smoke Detector, Complex Fenced
- Application fee: $150
- Pet fee: $0
- Subdivision: 551/557 Michigan Condo
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $580 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $509/sqft
- Tax assessed value: $192,564
- Annual tax amount: $3,546
- Date on market: 7/29/2024
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $265,000-7%$509/sqft |
Source:  MIAMI #A11631727 Report a problem | ||
| 9/12/2024 | Price change | $285,000-3.4%$547/sqft |
Source: MIAMI #A11631727 Report a problem | ||
| 7/29/2024 | Price change | $295,000+28.3%$566/sqft |
Source: MIAMI #A11631727 Report a problem | ||
| 5/6/2024 | Listing removed | -- |
Source: MIAMI #A11574170 Report a problem | ||
| 4/25/2024 | Listed for rent | $2,100-4.5%$4/sqft |
Source: MIAMI #A11574170 Report a problem | ||
| 10/18/2023 | Listing removed | -- |
Source: MIAMI #A11465321 Report a problem | ||
| 10/6/2023 | Listed for rent | $2,200+37.5%$4/sqft |
Source: MIAMI #A11465321 Report a problem | ||
| 1/21/2021 | Listing removed | -- |
Source: Local MLS Report a problem | ||
| 11/10/2020 | Listed for rent | $1,600$3/sqft |
Source: Compass Florida LLC #A10954063 Report a problem | ||
| 1/21/2020 | Price change | $230,000+7%$441/sqft |
Source: Compass Florida, LLC #A10782478 Report a problem | ||
| 12/5/2019 | Listed for sale | $215,000-23.9%$413/sqft |
Source: Compass Florida, LLC #A10782478 Report a problem | ||
| 5/5/2015 | Sold | $282,500$542/sqft |
Source:  MIAMI #A1893867 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,613 -11.2% | $192,564 -5.3% |
| 2024 | $4,069 +14.8% | $203,413 +10% |
| 2023 | $3,546 +8.8% | $184,921 +10% |
| 2022 | $3,259 +10.5% | $168,110 +10% |
| 2021 | $2,951 +6.2% | $152,828 +6.5% |
| 2020 | $2,778 -30.1% | $143,500 -30% |
| 2019 | $3,973 -2.2% | $205,000 -5.1% |
| 2018 | $4,062 | $216,000 |
| 2017 | $4,062 -1.3% | $216,000 +8% |
| 2016 | $4,113 | $200,000 |
Find assessor info on the county website
Neighborhood: Flamingo Lummus
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Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.7 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$261,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$261,700
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 551 Michigan Ave Apartment 121
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