Property Details
| Sold Price | $1,650,000 |
|---|---|
| Last Asking Price | $1,749,999 |
| Price per SqFt | $918 |
| Maintenance Fee | $1,244 Monthly |
| Property Taxes | $19,231 2025 |
| Interior Space | 1,798 SqFt |
| Beds/Baths | 3/3 |
| Year Built | 2004 |
| Closed Date | 10/28/2026 |
| MLS # | A12052669 |
Location
From the listing
Experience elevated living in the largest residence in the boutique ABSOLUT, ideally situated on a quiet, tree lined street in Miami Beach's coveted South of Fifth neighborhood. This rarely available 3 bedroom, 3 bathroom loft offers one of the area's most desirable floor plans, combining dramatic architecture with modern sophistication.Showcasing striking 18 foot ceilings, floor to ceiling hurricane impact glass, elegant terrazzo floors, and automated electric shades throughout, the home is filled with natural light and designed for effortless living. The expansive open concept layout flows seamlessly into a sleek contemporary kitchen, creating the perfect setting for both everyday living and entertaining all combined with a low HOA fee!The spacious primary suite serves as a private retreat, while the home's exceptional indoor outdoor connection sets it apart. Enjoy your own lush private garden with the rare convenience of direct street access or entry through the building's gated entrance, offering the feel of a private home while enjoying the amenities of a boutique condominium.Additional highlights include assigned parking, rooftop access, and a resort style pool. Just three blocks from the beach and one block from the marina, this exceptional residence places you moments from South Pointe Park, world class dining, boutique shopping, fitness studios, and the vibrant South of Fifth waterfront lifestyle.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,244 a month; taxes $19,231 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · ABSOLUT Lofts Unit LG-5
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11337730 | $1,530,000 | 7/14/23 |
What Other Units Have Been Selling For at ABSOLUT Lofts
2 units sold at ABSOLUT Lofts in the last 12 months at an average of $825/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| LG-5 | $1,530,000$851/SqFt | 91% | 7/14/23 |
| LP-5 | $1,575,000$876/SqFt | 93% | 11/28/22 |
| LP-5 | $1,030,000$573/SqFt | 90% | 5/29/19 |
| LP-5 | $940,000$523/SqFt | 99% | 8/21/14 |
| LP-5 | $785,000$437/SqFt | 96% | 4/16/13 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
ABSOLUT Lofts Unit LG-5, 245 Michigan Avenue · MLS A12052669 · Sold Oct 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at ABSOLUT Lofts
At ABSOLUT Lofts, 0 of 19 units are for sale and 2 sold in the last 12 months at an average of $825 per SqFt. Unit LG-5 sold at $918 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.