THE AMBASSADORS CONDO

227 Michigan Ave # 405, Miami Beach FL 33139

2 beds · 2 baths · 940 ft²

For Sale · Active Listing

$685,000

8.54%

Est. Payment $3,646/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

940

Sq. Ft.

2000

Year Built

2

Garage

5

Stories

139

Days on Market

Description

The Best Value 2-Bedroom Unit in South of Fifth! Set on a quiet, tree-lined street in Miami Beach's most prestigious neighborhood, this rare 2-bedroom, 2-bath corner residence is now priced for an immediate sale. Offering the ultimate entry-level opportunity into the highly coveted South of Fifth lifestyle, this property stands out as the strongest value play on the market today. The bright, open layout maximizes every inch of its space, featuring wood floors, a granite kitchen, marble baths, a custom walk-in closet, and an in-unit washer/dryer. Hurricane-impact windows and a newer A/C provide total peace of mind. Three sets of sliding glass doors open up to an oversized private terrace showcasing beautiful bay-to-skyline views. Best of all, the unit includes two assigned covered parking spaces—a premium luxury that is genuinely hard to find at this price point in SoFi. Located just steps from the beach, South Pointe Park, and the neighborhood's world-class dining scene. This boutique, pet-friendly building features a pool, hot tub, and secured entry. With a new price adjustment to $685,000, this is an unmissable opportunity to secure a premier footprint in Miami's most coveted zip code. Schedule your private tour today.

Facts

MLS#
A11955595
Subdivision
THE AMBASSADORS CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
2000
Lot Size
0 sqft
Sq. Ft.
940 ft²
Sq. Mt.
87 m²
Price per sq. ft.
$729/ft²
Price per sq. mt.
$7,874/m²
Stories
5
Garage
2 spaces
Pool
Days on Market
139 days
Listed
Jan 30, 2026
Last Updated
Jun 19, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/19/2026Price change$685,000-8.5%
1/30/2026Listed for sale$749,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

227 Michigan Ave # 405, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$4,367/mo

Principal & Interest

$3,646

Property Tax

$571

Insurance

$150

HOA

$0

20% ($137,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami Beach around $685,000.

Call NowWhatsApp