THE AMBASSADORS CONDO

227 Michigan Ave # 502, Miami Beach FL 33139

1 beds · 1 baths · 700 ft²

For Sale · Active Listing

$3,250

4.41%

Est. Payment $17/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

700

Sq. Ft.

2000

Year Built

1

Garage

5

Stories

24

Days on Market

Description

Rarely available top-floor corner residence in the highly sought-after South of Fifth neighborhood. This beautifully appointed 1-bedroom, 1-bathroom apartment offers abundant natural light and east-facing exposure, capturing stunning sunrise views over the pool and surrounding skyline. The unit is fully furnished and turnkey, thoughtfully designed for comfort and style—ready for immediate move-in. Enjoy the privacy and quiet of a top-floor corner layout, along with the convenience of one assigned parking space in the garage. Located in one of Miami Beach’s most desirable areas, just moments from the ocean, South Pointe Park, and the best dining South of Fifth has to offer. Available June 1st.

Facts

MLS#
A12008549
Subdivision
THE AMBASSADORS CONDO
Property Type
Residential Lease
Property Sub Type
Apartment
Year Built
2000
Lot Size
0 sqft
Sq. Ft.
700 ft²
Sq. Mt.
65 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$50/m²
Stories
5
Garage
1 spaces
Pool
Days on Market
24 days
Listed
Apr 27, 2026
Last Updated
May 21, 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

May 2026

100/100
Buyers marketSellers market

47

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).

5/21/2026Price change$3,250-4.4%
4/27/2026Listed for sale$3,400

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 # 502, 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.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$10,833

gross income / month to qualify

Monthly rent$3,250
Required annual income$130,000
Security deposit (est.)$3,250
Move-in cost (1st + last + security)$9,750

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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