557 Michigan Avenue 115, Miami Beach, FL 33139

Miami Beach, FL 33139
$235,000
Beds
1
Baths
1
Living Area
426 SF
Year Built
1945
$/SF
$552
Type
Condominium
DOM
0
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About this property

1 bed · 1 bath · 426 sqft · Built 1945

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.

Property facts
Property type
Condominium
Condition
Resale
Year built
1945
Stories
2
Subdivision
551/557 MICHIGAN CONDO
Waterfront
No
Private pool
No
HOA (monthly)
$450
Public records
Parcel number
0242033640090
Annual tax
$4,047
The neighborhood

Miami Beach runs from South Beach Art Deco condos to Mid-Beach high-rises and North Beach single-family pockets. The condo market dwarfs the SFH market here — supply dynamics diverge sharply by submarket.

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/2/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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