$685,000
227 Michigan Avenue 405
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $685,000
- Price per sq ft
- $729
- Original price
- $749,000
- Days on market
- 157
This 2-bedroom condo in ZIP 33139 is listed at $685,000, or $729 per square foot. The asking price has come down 8.5% from its original $749,000. It has been on the market for 157 days.
Estimated monthly payment
$3,600 /mo
Principal and interest only, based on $137,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,211/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $685,000
- Days on Site
- 157 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 940 sqft
- Total Sq Ft
- 940 sqft
- Year Built
- 2000
- Property Type
- Condo
- MLS #
- A11955595
- Property Tax
- $9,651 (2025)
- HOA Fees
- $1,211 / Monthly
- Subdivision
- THE AMBASSADORS CONDO
- County
- Miami Dade
- Status
- Active
About This Property
The Best Value 2-Bedroom Unit in South of Fifth! Set on a quiet, tree-lined street in Miami Beach's most prestigious neighborhood, this rare 2-bedroom, 2-bath corner residence is now priced for an immediate sale. Offering the ultimate entry-level opportunity into the highly coveted South of Fifth lifestyle, this property stands out as the strongest value play on the market today.The bright, open layout maximizes every inch of its space, featuring wood floors, a granite kitchen, marble baths, a custom walk-in closet, and an in-unit washer/dryer. Hurricane-impact windows and a newer A/C provide total peace of mind. Three sets of sliding glass doors open up to an oversized private terrace showcasing beautiful bay-to-skyline views. Best of all, the unit includes two assigned covered parking spaces—a premium luxury that is genuinely hard to find at this price point in SoFi.Located just steps from the beach, South Pointe Park, and the neighborhood's world-class dining scene. This boutique, pet-friendly building features a pool, hot tub, and secured entry. With a new price adjustment to $685,000, this is an unmissable opportunity to secure a premier footprint in Miami's most coveted zip code. Schedule your private tour today.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2000
- Number of Stories
- 5
- Garage Spaces
- 2
- Parking
- Assigned / Covered
- Living Sq Ft
- 940
- Total Sq Ft
- 940
Interior Features
- Appliances
- Dryer / Electric Range / Microwave / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Built In Features / Family Dining Room / Main Level Primary / Tub Shower / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Open / Balcony
- View
- Intercoastal / Water
Community & HOA
- HOA Fee
- $1,211 / Monthly
- HOA Includes
- Common Areas / Insurance / Pools / Sewer / Trash / Water
- Association Amenities
- Maintenance Grounds / Library / Pool / Spa Hot Tub / Elevators
- Security
- Secured Garage Parking / Phone Entry / Security Fence
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Limited Number Vehicles
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
- Homes for Sale
- 2
- Median List Price
- $675,000
- Median $/Sq Ft
- $718
- Avg Days on Market
- 82
Frequently Asked Questions
- How do I schedule a tour of 227 Michigan Avenue 405, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 227 Michigan Avenue 405, 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 227 Michigan Avenue 405, Miami Beach, FL 33139 still available?
- 227 Michigan Avenue 405, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 157 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 227 Michigan Avenue 405, Miami Beach, FL 33139?
- With 20% down ($137,000) on the $685,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 227 Michigan Avenue 405, Miami Beach, FL 33139 is about $3,600/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 227 Michigan Avenue 405, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 227 Michigan Avenue 405, 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 227 Michigan Avenue 405, Miami Beach, FL 33139 have an HOA fee?
- Yes: 227 Michigan Avenue 405, Miami Beach, FL 33139 carries an HOA fee of about $1,211 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 227 Michigan Avenue 405, Miami Beach, FL 33139?
- 227 Michigan Avenue 405, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), 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 227 Michigan Avenue 405, Miami Beach, FL 33139?
- Often, yes. The right offer on 227 Michigan Avenue 405, 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 Venture Realty LLC
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 June 23, 2026.
$685,000
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Listed by John Mattocks, Venture Realty LLC
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $875 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$1,135,000
Sold · September 30, 2026
400 S Pointe Drive 1905
2 bed · 2 bath · 1,042 sqft · $1,089/sqft
$115,000 under the asking price
Sold$1,140,000
Sold · September 29, 2026
11 Island Avenue 411
2 bed · 2.5 bath · 1,733 sqft · $658/sqft
$55,000 under the asking price
Sold$600,000
Sold · September 29, 2026
110 Washington Avenue 2310
1 bed · 1 bath · 686 sqft · $875/sqft
$29,900 under the asking price
Sold$2,800,000
Sold · September 29, 2026
455 W Dilido Drive
3 bed · 3 bath · 1,693 sqft · $1,654/sqft
$199,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
