$260,000
1 bd · 1 ba · 426 sq ft · Condominium
557 Michigan Ave # 115, Miami Beach FL 33139
For Sale · Active listing
Est. payment $1,315/mo · Mortgage calculator
Listed by Miami Beach Real Estate Group / Gabriela Lopez Nante
Contact: 305-316-5836 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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 subtype
- Condominium
- Sq. ft.
- 426
- Price per sq. ft.
- $610 / sq ft
- Year built
- 1945
- Days on market
- 103
- County
- Miami-Dade County
- Date listed
- Jul 1, 2026
- Last updated
- Oct 12, 2026
Financial considerations
- HOA fee
- $450 monthly
- Taxes
- $4,047 (2025)
- HOA amenities
- Laundry
Exterior features
- Waterfront
- No
- View
- Garden View, None
- Construction
- Concrete Block Construction
- Additional features
- None, Other
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher
- Additional features
- First Floor Entry
Additional features
- Security
- Other
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 $610 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 12, 2026, 11:04 AM 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.