THE TERRACE CONDO
945 Michigan Ave # 3, Miami Beach FL 33139
2 beds · 2.5 baths · 1,041 ft²
$3,995
Est. Payment $21/mo
2
Bedrooms
2.5
Bathrooms
1,041
Sq. Ft.
2007
Year Built
1
Garage
4
Stories
18
Days on Market
Description
Sun-drenched 2BR/2.5BA South Beach Home with open roof top terrace and wrap around balcony. Corner unit, set in a newer (2007) boutique building in the heart of Flamingo Park, the unit is wrapped in oversized sliding high impact glass doors that flood every room with natural light, opening onto a rare wrap-around balcony shaded by palms. You're a short walk from South of Fifth, Lincoln Road, and the sand, with the MacArthur Causeway right around the corner for an easy run into Miami. Walking distance to the finest restaurants, shopping and the beach. Fully furnished and turnkey, just bring your suitcase. This is true gem! We prefer a minimum of 6 month lease open to a longer lease up to annual. Covered, assigned parking included. The building is quiet and well cared for, and we're looking for a tenant who'll match that!
Facts
- MLS#
- A12050195
- Subdivision
- THE TERRACE CONDO
- Property Type
- Residential Lease
- Property Sub Type
- Condominium
- Year Built
- 2007
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,041 ft²
- Sq. Mt.
- 97 m²
- Price per sq. ft.
- $4/ft²
- Price per sq. mt.
- $41/m²
- Stories
- 4
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 18 days
- Listed
- Jul 9, 2026
- Last Updated
- Jul 27, 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
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).
| 7/9/2026 | Listed for sale | $3,995 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Somerset Academy CharterKG,1,2,3,4,5 · charter · 0.3 mi
- World Hope Academy
9,10,11,12 · private · 0.7 mi
- My Academy Preschool and Learning Center
PK,KG,1,2 · private · 0.9 mi
- Mini ME Academy
PK,TK,KG · private · 0.9 mi
- Grace Baptist Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
- Academir Charter School Preparatory
KG,1,2,3,4,5,6,7,8 · charter · 0.9 mi
- Herbert A. Ammons Middle School
6,7,8 · public · 1.0 mi
- Somerset Academy Charter Middle School
6,7,8 · charter · 1.1 mi
- Somerset College Preparatory Academy S Hi Sch
9,10,11,12 · charter · 1.1 mi
- South Miami Heights Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$13,317
gross income / month to qualify
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.
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
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