551/557 Michigan Unit 115 For Sale
Property Details
| Asking Price | $260,000 |
|---|---|
| Price per SqFt | $610 |
| Maintenance Fee | $450 Monthly |
| Property Taxes | $4,047 2025 |
| Interior Space | 426 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1945 |
| MLS # | A12046382 |
Location
From the listing
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.
Listed by Miami Beach Real Estate Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $450 a month; taxes $4,047 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 551/557 Michigan Unit 115
Sales history is unavailable for this property
Listed by Miami Beach Real Estate Group. 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.
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557 Michigan Avenue 115, Miami Beach · MLS A12046382 · $260,000
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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.