

Property Details
| Sold Price | $1,575,000 |
|---|---|
| Last Asking Price | $1,700,000 |
| Price per SqFt | $876 |
| Maintenance Fee | $850 Monthly |
| Property Taxes | $11,070 2020 |
| Interior Space | 1,798 SqFt |
| Beds/Baths | 3/3 |
| Year Built | 2004 |
| Closed Date | 11/28/2022 |
| MLS # | A11142976 |
Location
From the listing
3 bedroom Loft South of Fifth with amazing sunset views! Absolut Lofts is a boutique modern building designed by the award winning architect Kobi Karp. Located South Of Fifth on a quiet street. This 1800SF PH-5 has been beautifully remodeled with high end finishes. The 20ft floor to ceiling impact windows overlook South Point Elementary park. Three bedrooms all with en-suite baths and large closets, balconies, and an enormous private rooftop terrace. Beautiful pool, 2+ assigned indoor parking spaces plus storage. Security cameras, Smart AC and more. TENANT IN PLACE TILL JUNE 2023.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $850 a month; taxes $11,070 for 2020. MLS figures, which may not be accurate.
Sales History for This Unit · ABSOLUT Lofts Unit LP-5
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10585011 | $1,030,000 | 5/29/19 |
| A1805840 | $940,000 | 8/21/14 |
| A1767141 | $785,000 | 4/16/13 |
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
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| LG-5 | $1,650,000$918/SqFt | 94% | 10/28/26 |
| LG-5 | $1,530,000$851/SqFt | 91% | 7/14/23 |
| 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 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-5, 245 Michigan Avenue · MLS A11142976 · Sold Nov 2022
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 LP-5 sold at $876 per SqFt, in line with 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.

