$240,000
1 bd · 1 ba · 504 sq ft · Condominium
551 Michigan Ave # 223, Miami Beach FL 33139
For Sale · Active listing
Est. payment $1,214/mo · Mortgage calculator
Listed by Lifestyle International Realty / Dunay Almir
Contact: 786-777-8335 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
Discover an exceptional opportunity to own a piece of Miami Beach in a charming Art Deco building that combines timeless character, valuable improvements, and an unbeatable location! Just blocks from the beautiful beaches of South Beach, this property offers the ultimate coastal lifestyle, surrounded by world-class dining, boutique shopping, entertainment, and the vibrant energy of Miami Beach. What truly sets this property apart are the significant building improvements: a ROOF APPROXIMATELY 3 YEARS OLD, IMPACT-RESISTANT WINDOWS AND DOORS, SUCCESSFULLY COMPLETED 40-YEAR RECERTIFICATION, AND BUILDING INSURANCE IN PLACE. These important features add tremendous value and appeal for today’s buyers. Enjoy the convenience of a highly walkable neighborhood where the beach, charming cafés, and iconic Art Deco architecture are part of everyday life. Perfect as a primary residence, vacation getaway, or investment opportunity, this property offers the chance to enjoy one of South Florida’s most desirable coastal communities. Association has no reserves; financing with 20% down may be possible, subject to lender approval. A fantastic opportunity to embrace the South Beach lifestyle while benefiting from important building upgrades. Schedule your private showing today!
Facts
- MLS #
- A12107402
- Subdivision
- 551/557 MICHIGAN CONDO
- Property type
- Residential
- Property subtype
- Condominium
- Sq. ft.
- 504
- Price per sq. ft.
- $476 / sq ft
- Year built
- 1945
- Days on market
- 1
- County
- Miami-Dade County
- Date listed
- Oct 15, 2026
- Last updated
- Oct 16, 2026
Financial considerations
- HOA fee
- $581 monthly
- Taxes
- $3,487 (2025)
- HOA amenities
- None
Exterior features
- Waterfront
- No
- View
- Garden View
- Construction
- Concrete Block Construction
Interior features
- Heating
- None
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Window features
- Clear Impact Glass
- Additional features
- Second Floor Entry, Pantry
Additional features
- Security
- Complex Fenced
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate shown is a default estimate. Confirm with your lender.
Local context (our analysis)
1,887 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $705 per sq ft. This home asks $476 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 15, 2026, 11:00 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.