CASA 40 CONDO

1061 Michigan Ave # 4, Miami Beach FL 33139

2 beds · 2.5 baths · 1,278 ft²

For Sale · Active Listing

$985,000

10.45%

Est. Payment $5,243/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

1,278

Sq. Ft.

1940

Year Built

Garage

Stories

102

Days on Market

Description

Tenant occupied for 12 months paying $5900 per month lease ends April 2027. Beautiful Townhome in the Heart of South Beach This stunning 2-bedroom, 2.5-bathroom townhome offers 1,278 sq ft of beautifully designed living space in one of the most desirable areas of South Beach. Enjoy a private patio, perfect for entertaining guests, hosting gatherings, or simply relaxing in your own outdoor retreat. Surrounded by the lush greenery of South Beach’s largest park, this home provides a rare combination of tranquility and prime location. Additional features include private parking and a separate private entrance, offering exceptional privacy and convenience. A true hidden treasure in the heart of it all.

Facts

MLS#: A11970961
Subdivision: CASA 40 CONDO
Property Type: Residential
Property Sub Type: Townhouse
Year Built: 1940
Lot Size: 0 sqft
Sq. Ft.: 1,278 ft²
Sq. Mt.: 119 m²
Price per sq. ft.: $771/ft²
Price per sq. mt.: $8,277/m²
Stories: 2
Garage: 1 spaces
Pool: —
Days on Market: 102 days
Listed: Feb 24, 2026
Last Updated: Jun 4, 2026
Price/Lot Sq.Ft.: —

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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

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).

6/4/2026	Price change	$985,000-10.5%
2/24/2026	Listed for sale	$1,100,000

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

Location

1061 Michigan Ave # 4, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

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

Wesley's Academy
UG · private · 0.4 mi
Wesley's Academy
PK,KG,1,2,3,4,5,6,7,8,9,10 · private · 0.4 mi
AEF Schools
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Aef Schools
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Love N Care Day Nurseries
PK,KG · private · 0.4 mi
The Islamic Education School (TIES)
KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
Jerusalem Academy
PK,KG,1,2,3,4,5,6,7,8,9,10 · private · 0.6 mi
Nova Dwight D. Eisenhower Elementary School
KG,1,2,3,4,5 · public · 0.7 mi
Aef - Westham Academy
5,6,7,8,9,10,11,UG · private · 0.7 mi
Summit-Questa Montessori School
PK,KG,1,2,3,4,5,6 · private · 0.8 mi

Estimated Monthly Payment

$6,213/mo

Principal & Interest

$5,243

Property Tax

$821

Insurance

$150

HOA

Down Payment20% ($197,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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