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1611 Michigan Avenue 24, Miami Beach, FL 33139
Active
34 Days on Market
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$175,000

1611 Michigan Avenue 24

Miami Beach, FL 33139

MONTERREY CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

How this price compares

List price
$175,000
Price per sq ft
$356
Vs. nearby sales
45.9% below
Days on market
34

This condo in ZIP 33139 is listed at $175,000, or $356 per square foot. It has been on the market for 34 days. The 5 most recent condo sales in the closings shown below sold at a median of $658 per square foot, so the asking price is 45.9% below what comparable homes here actually sold for.

0
Bedrooms
1
Bathrooms
491
Living Sq Ft
1938
Year Built

Estimated monthly payment

$920 /mo

Principal and interest only, based on $35,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $391/mo HOA are not included.

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Listing Snapshot

Price
$175,000
Days on Site
34 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
491 sqft
Total Sq Ft
491 sqft
Year Built
1938
Property Type
Condo
MLS #
A12087701
Property Tax
$2,905 (2025)
HOA Fees
$391 / Monthly
Subdivision
MONTERREY CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Investor's Dream, very low HOA! Fantastic Location close to Lincoln Road mall, the beach, restaurants. Spanish style multi family building.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1938
Property Condition
Resale
Number of Stories
3
Garage Spaces
0
Parking
On Street
Living Sq Ft
491
Total Sq Ft
491

Interior Features

Appliances
Dishwasher
Cooling
Wall Window Units
Heating
None
Flooring
Wood
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
None
Architectural Style
Spanish Mediterranean
View
Other

Community & HOA

HOA Fee
$391 / Monthly
HOA Includes
Common Areas / Maintenance Structure / Sewer / Water
Association Amenities
None
Security
Key Card Entry / Security Fence
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
MLS Area
2320

This home's HOA fee works out to $391 a month, 32% below the $574 median across 5 homes for sale in this community. See the community's HOA fees

Schools

Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Homes for Sale
5
Median List Price
$200,000
Median $/Sq Ft
$379
Avg Days on Market
248
View all 5 homes for sale in Monterrey Condo →
How do I schedule a tour of 1611 Michigan Avenue 24, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1611 Michigan Avenue 24, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1611 Michigan Avenue 24, Miami Beach, FL 33139 still available?
1611 Michigan Avenue 24, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 34 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1611 Michigan Avenue 24, Miami Beach, FL 33139?
With 20% down ($35,000) on the $175,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1611 Michigan Avenue 24, Miami Beach, FL 33139 is about $920/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1611 Michigan Avenue 24, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1611 Michigan Avenue 24, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1611 Michigan Avenue 24, Miami Beach, FL 33139 have an HOA fee?
Yes: 1611 Michigan Avenue 24, Miami Beach, FL 33139 carries an HOA fee of about $391 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 1611 Michigan Avenue 24, Miami Beach, FL 33139?
1611 Michigan Avenue 24, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1611 Michigan Avenue 24, Miami Beach, FL 33139?
Often, yes. The right offer on 1611 Michigan Avenue 24, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Paran International Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 12, 2026.

$175,000

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Listed by Bernard Brian Paran, Paran International Group

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