$235,000
Sold · September 17, 2025
551 Michigan Avenue 125
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $235,000
- Vs. list price
- 1.7% under
- Days on market
- 381
- Price per sq ft
- $552
This 1-bedroom condo in ZIP 33139 sold for $235,000 on September 17, 2025. That was 1.7% below its final list price of $239,000. It first came on the market at $249,000, so the price was adjusted before it sold. It spent 381 days on the market. At $552 per square foot, it closed 8.5% below the $603 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $235,000
- Sold On
- September 17, 2025
- Days on Site
- 381 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 426 sqft
- Total Sq Ft
- 426 sqft
- Year Built
- 1945
- Property Type
- Condo
- MLS #
- A11642922
- Property Tax
- $3,271 (2023)
- HOA Fees
- $581 / Monthly
- Subdivision
- 551/557 MICHIGAN CONDO
- County
- Miami Dade
- Status
- Sold
About This Property
Beautifully renovated art deco 1B/1B in the heart of South Beach, corner unit, contemporary bathroom fixtures, Italian style kitchen cabinets, stainless steel appliances, laminate floors, community washer & dryer. Walking distance from Publix, shops, beach, public pool, parks, and transportations. Light and bright. Tenant requires at 24HR notice
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 426
- Total Sq Ft
- 426
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Bedroom On Main Level / None
Exterior Features
- Construction
- Block
- Exterior Features
- Courtyard / Outdoor Living Area
Community & HOA
- HOA Fee
- $581 / Monthly
- HOA Includes
- Common Areas / Sewer / Trash / Water
- Association Amenities
- None
- Security
- Security Fence
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2420
About the Community
- Homes for Sale
- 1
- Under Contract
- 1
- Median List Price
- $260,000
- Median $/Sq Ft
- $610
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 551 Michigan Avenue 125, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 551 Michigan Avenue 125, 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 551 Michigan Avenue 125, Miami Beach, FL 33139 still available?
- 551 Michigan Avenue 125, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 381 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 551 Michigan Avenue 125, Miami Beach, FL 33139?
- With 20% down ($47,800) on the $239,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 551 Michigan Avenue 125, Miami Beach, FL 33139 is about $1,256/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 551 Michigan Avenue 125, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 551 Michigan Avenue 125, 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 551 Michigan Avenue 125, Miami Beach, FL 33139 have an HOA fee?
- Yes: 551 Michigan Avenue 125, Miami Beach, FL 33139 carries an HOA fee of about $581 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 551 Michigan Avenue 125, Miami Beach, FL 33139?
- Often, yes. The right offer on 551 Michigan Avenue 125, 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 SOBE International Realty
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 July 1, 2026.
$235,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Piermassimo Picchiura, SOBE International Realty
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
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 $611 per square foot. The most recent closed on October 15, 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$430,000
Sold · October 15, 2026
2155 Washington Court 205
1 bed · 1.5 bath · 748 sqft · $575/sqft
$20,000 under the asking price
Sold$290,000
Sold · October 14, 2026
1052 Ocean Drive C203
1 bed · 1 bath · 475 sqft · $611/sqft
$7,000 under the asking price
Sold$1,065,000
Sold · October 14, 2026
1250 Ocean Drive 2N
2 bed · 2.5 bath · 1,387 sqft · $768/sqft
$34,000 under the asking price
Sold$238,000
Sold · October 14, 2026
224 Meridian Avenue 9
0 bed · 1 bath · 395 sqft · $603/sqft
$11,000 under the asking price
Sold$23,500,000
Sold · October 12, 2026
1266-1276 S Venetian Way
4 bed · 4.5 bath · 3,603 sqft · $6,522/sqft
Sold$350,000
Sold · October 9, 2026
1027 Pennsylvania Avenue 302
2 bed · 2 bath · 790 sqft · $443/sqft
$9,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
