$235,000
557 Michigan Avenue 115
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
- $235,000
- Price per sq ft
- $552
- Original price
- Unchanged
- Days on market
- 92
This 1-bedroom condo in ZIP 33139 is listed at $235,000, or $552 per square foot. It has been on the market for 92 days.
Estimated monthly payment
$1,235 /mo
Principal and interest only, based on $47,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $450/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $235,000
- Days on Site
- 92 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 #
- A12046382
- Property Tax
- $4,047 (2025)
- HOA Fees
- $450 / Monthly
- Subdivision
- 551/557 MICHIGAN CONDO
- County
- Miami Dade
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Living Sq Ft
- 426
- Total Sq Ft
- 426
Interior Features
- Appliances
- Dishwasher
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- View
- Garden
Community & HOA
- HOA Fee
- $450 / Monthly
- HOA Includes
- Sewer / Water
- Association Amenities
- Laundry
- Security
- Other
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease
- 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
- 1
- Median List Price
- $235,000
- Median $/Sq Ft
- $552
- Avg Days on Market
- 92
Frequently Asked Questions
- How do I schedule a tour of 557 Michigan Avenue 115, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 557 Michigan Avenue 115, 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 557 Michigan Avenue 115, Miami Beach, FL 33139 still available?
- 557 Michigan Avenue 115, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 92 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 557 Michigan Avenue 115, Miami Beach, FL 33139?
- With 20% down ($47,000) on the $235,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 557 Michigan Avenue 115, Miami Beach, FL 33139 is about $1,235/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 557 Michigan Avenue 115, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 557 Michigan Avenue 115, 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 557 Michigan Avenue 115, Miami Beach, FL 33139 have an HOA fee?
- Yes: 557 Michigan Avenue 115, Miami Beach, FL 33139 carries an HOA fee of about $450 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 557 Michigan Avenue 115, Miami Beach, FL 33139?
- 557 Michigan Avenue 115, 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 557 Michigan Avenue 115, Miami Beach, FL 33139?
- Often, yes. The right offer on 557 Michigan Avenue 115, 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 Miami Beach Real Estate 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 July 3, 2026.
$235,000
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Listed by Gabriela Cecilia Lopez Nante, Miami Beach Real Estate Group
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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 $1,795 per square foot. The most recent closed on October 7, 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$48,500,000
Sold · October 7, 2026
1413 N Venetian Way
7 bed · 7.5 bath · 10,689 sqft · $4,537/sqft
Sold$925,000
Sold · October 6, 2026
2155 Washington Court 504
2 bed · 2 bath · 956 sqft · $968/sqft
Sold$727,000
Sold · October 6, 2026
1500 Bay Road 1528S
2 bed · 2 bath · 1,072 sqft · $678/sqft
$48,000 under the asking price
Sold$950,000
Sold · October 6, 2026
100 Lincoln Road PH12
2 bed · 2 bath · 1,490 sqft · $638/sqft
$49,000 under the asking price
Sold$2,700,000
Sold · October 6, 2026
300 Collins Avenue 3A
2 bed · 2.5 bath · 1,504 sqft · $1,795/sqft
$150,000 under the asking price
Sold$17,200,000
Sold · October 5, 2026
11 E Rivo Alto Drive
4 bed · 5 bath · 5,050 sqft · $3,406/sqft
$300,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
