551/557 MICHIGAN CONDO
557 Michigan Ave # 115, Miami Beach FL 33139
1 beds · 1 baths · 426 ft²
$235,000
Est. Payment $1,251/mo
1
Bedrooms
1
Bathrooms
426
Sq. Ft.
1945
Year Built
2
Stories
91
Days on Market
Description
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.
Facts
- MLS#
- A12046382
- Subdivision
- 551/557 MICHIGAN CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1945
- Lot Size
- 0 sqft
- Sq. Ft.
- 426 ft²
- Sq. Mt.
- 40 m²
- Price per sq. ft.
- $552/ft²
- Price per sq. mt.
- $5,875/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 91 days
- Listed
- Jul 1, 2026
- Last Updated
- Oct 1, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$235,000
1 bd · 1 ba · 436 sqft
1560 Meridian Ave # 206, Miami Beach FL 33139
$235,000
1 bd · 2 ba · 730 sqft
1025 Alton Road # 308, Miami Beach FL 33139
$239,000
1 bd · 1 ba · 543 sqft
1244 Pennsylvania Ave # 302, Miami Beach FL 33139
SOLD$239,000
1 bd · 1 ba · 436 sqft
1550 Pennsylvania Ave # 126, Miami Beach FL 33139
$240,000
1 bd · 1 ba · 700 sqft
1150 EUCLID Avenue # 109, Miami Beach FL 33139
$230,000
1 bd · 1 ba · 470 sqft
1244 Pennsylvania Ave # 101, Miami Beach FL 33139
$228,000
1 bd · 1 ba · 440 sqft
1542 Drexel Ave # 105, Miami Beach FL 33139
$225,000
1 bd · 1 ba · 700 sqft
350 Collins Ave # 103, Miami Beach FL 33139
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
43
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).
| 7/1/2026 | Listed for sale | $235,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$1,597/mo
Principal & Interest
$1,251
Property Tax
$196
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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 $235,000.
1308 DREXEL Avenue # 204, Miami Beach FL 33139
900 Bay Drive # 303, Miami Beach FL 33141
720 Collins Ave # 309, Miami Beach FL 33139
330 74th St # 1, Miami Beach FL 33141
1990 Marseille Dr # 407, Miami Beach FL 33141
500 77th St # 3, Miami Beach FL 33141