Skip main navigation
For sale
    • $235,000

    557 Michigan Ave #115, Miami Beach, FL 33139

    1beds
    426sqft
    : 
    $2,103/mo
    Get pre-qualified
    Condominium
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $552/sqft
    $450/mo HOA

    What's special

    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.
    32 days
    |
    196
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabriela Lopez Nante PA 305-316-5836,

    Miami Beach Real Estate Group

    Source: MIAMI,MLS#: A12046382MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher
      Interior area
      • Total structure area: 426
      • Total interior livable area: 426 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Features
      • Entry location: First Floor Entry
      • Exterior features: None, Other
      • Has view: Yes
      • View description: Garden, None
      Details
      • Parcel number: 0242033640090

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 1945

      Community & HOA

      Community
      • Security: Other
      • Application fee: $150
      • Subdivision: 551/557 Michigan Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      • HOA fee: $450 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $552/sqft
      • Tax assessed value: $183,589
      • Annual tax amount: $4,047
      • Date on market: 7/1/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$235,000$552/sqft
        Source: MIAMI #A12046382 Report a problem
        2/23/2026Listing removed$235,000$552/sqft
        Source: MIAMI #A11844774 Report a problem
        2/3/2026Listing removed$1,800$4/sqft
        Source: MIAMI #A11932504 Report a problem
        1/21/2026Price change$1,800-7.7%$4/sqft
        Source: MIAMI #A11932504 Report a problem
        12/18/2025Listed for rent$1,950$5/sqft
        Source: MIAMI #A11932504 Report a problem
        7/22/2025Listed for sale$235,000+4.4%$552/sqft
        Source: MIAMI #A11844774 Report a problem
        7/1/2025Listing removed$225,000$528/sqft
        Source: MIAMI #A11714995 Report a problem
        2/2/2025Price change$225,000+4.7%$528/sqft
        Source: MIAMI #A11714995 Report a problem
        1/3/2025Listing removed$1,950$5/sqft
        Source: MIAMI #A11642852 Report a problem
        12/28/2024Listed for sale$215,000$505/sqft
        Source: MIAMI #A11714995 Report a problem
        11/8/2024Listing removed$215,000-12.2%$505/sqft
        Source: MIAMI #A11626711 Report a problem
        8/16/2024Listed for rent$1,950+30%$5/sqft
        Source: MIAMI #A11642852 Report a problem
        7/19/2024Listed for sale$245,000+11.4%$575/sqft
        Source: MIAMI #A11626711 Report a problem
        3/31/2022Listing removed--
        Source: MIAMI #A11021058 Report a problem
        9/14/2021Listing removed$220,000$516/sqft
        Source: MIAMI #A11021058 Report a problem
        3/31/2021Listed for sale$220,000-2.2%$516/sqft
        Source: MIAMI #A11021058 Report a problem
        1/19/2021Listing removed--
        Source: MIAMI Report a problem
        6/18/2020Listed for sale$225,000+9.8%$528/sqft
        Source: Metrocoma Realty #A10878127 Report a problem
        1/1/2020Listing removed$205,000$481/sqft
        Source: Metrocoma Realty #A10569101 Report a problem
        11/9/2018Listed for sale$205,000$481/sqft
        Source: Metrocoma Realty #A10569101 Report a problem
        2/27/2018Listing removed$1,500$4/sqft
        Source: Metrocoma Realty #A10420008 Report a problem
        2/23/2018Listed for rent$1,500$4/sqft
        Source: Metrocoma Realty #A10420008 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,444 -11.6%$183,589 -6.1%
        2024$3,898 +14.4%$195,496 +10%
        2023$3,408 +8.8%$177,724 +10%
        2022$3,133 +10.5%$161,568 +10%
        2021$2,836 +1.7%$146,880 +2%
        2020$2,788 -10.1%$144,000 -10%
        2019$3,101 -2.1%$160,000 -5%
        2018$3,168 $168,480
        2017$3,168 -1.3%$168,480 +8%
        2016$3,208 $156,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        97 / 100
        Walker's Paradise
        51 / 100
        Good Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Miami Beach Topics

                Search
                Updates
                Favorites
                Plan
                Inbox