Property Details
| Sold Price | $1,060,000 |
|---|---|
| Last Asking Price | $1,145,000 |
| Price per SqFt | $712 |
| Maintenance Fee | $1,025 Monthly |
| Property Taxes | $12,384 2025 |
| Interior Space | 1,488 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2004 |
| Closed Date | 10/9/2026 |
| MLS # | A11961071 |
Location
From the listing
Unique architectural two-story loft penthouse with a private rooftop terrace in the heart of South of Fifth (SoFi).Defined by soaring 16-foot ceilings and dramatic floor-to-ceiling impact windows, the double-height living space is filled with natural light and showcases western exposures with stunning sunset views toward Biscayne Bay. This two-bedroom, two-bathroom residence offers 1,488 sq ft of interior living space.A standout feature is the private 332 sq ft rooftop terrace, accessed separately from the main living areas, offering sweeping views of Fisher Island, the Port of Miami, and Miami Beach sunsets—ideal for entertaining or relaxing above it all.The updated kitchen features Bosch appliances, modern cabinetry, and upgraded finishes, complemented by renovated bathrooms and dual walk-in closets with custom built-ins.Built in 2004, the residence includes two assigned parking spaces, bike and motorcycle storage, and pet-friendly policies. The boutique building offers a low HOA and has completed major improvements, including a renovated pool, modernized elevators, and upgraded security.Located moments from South Pointe Park, the marina, beach access, Whole Foods, Pura Vida, cafés, and top dining, this penthouse offers a rare opportunity in one of Miami Beach’s most desirable neighborhoods.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,025 a month; taxes $12,384 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · ABSOLUT Lofts Unit LP-4
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11002752 | $765,000 | 4/30/21 |
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 ⇅ |
|---|---|---|---|
| LP-8 | $1,050,000$727/SqFt | 88% | 5/28/25 |
| LP-9 | $1,379,000$955/SqFt | 95% | 4/29/24 |
| LG-2 | $1,150,000$796/SqFt | 89% | 3/28/24 |
| PH 9 | $1,300,000$900/SqFt | 93% | 6/14/22 |
| LP-10 | $825,000$554/SqFt | 99% | 9/24/21 |
| LG-3 | $775,000$536/SqFt | 94% | 8/19/21 |
| LG-6 | $850,000$488/SqFt | 99% | 7/15/21 |
| LP-4 | $765,000$514/SqFt | 96% | 4/30/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. 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 LP-4, 245 Michigan Avenue · MLS A11961071 · 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. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.