945 Michigan Ave #5, Miami Beach, FL 33139

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
945 Michigan Ave #5,Miami Beach, FL 33139
$599,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 976 sq. ft.
  • Condominium
  • Active
Listed by: mxim madcedi
Office: vantasure realty llc.954-461-5734
MLS#:A12029487
Source:SEFMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$613.73
  • Monthly HOA dues:$1,456

About this home

This condo it is rented till August 2027. Amazing Opportunity in Miami Beach!Why should I buy this condo? Rare chance to own one of the best values currently available in the area. Built in 2007, this newer boutique building offers features that are difficult to find at this price point.Association requirements are buyer-friendly with no minimum credit score requirement, no income verification requirement, and no minimum down payment requirement imposed by the association. Unlike many buildings in the area, you don't need a large down payment to buy. Qualified buyers may finance with as little as 3%-5% down, potentially saving tens of thousands of dollars compared to condos requiring 20%-25% or more down. Many condos in the same price range are located in much older buildings dating back to the 1950s, while this property combines modern construction with extensive recent building improvements. The building features assigned indoor parking, two beautiful rooftop terraces, impact...

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Home facts

  • Year built:2007
  • Subdivision & Development:THE TERRACE CONDO
  • Listing ID #:A12029487
  • Updated:August 06, 2026 at 09:59 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood, Tile, Wood
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Living area:976 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:2007
  • Building area:976 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Balcony, Open, Security High Impact Doors

Schools

  • High school:Miami Beach
  • Middle school:Nautilus

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$613.73
  • Tax amount:$6,685 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Elevator, Elevators, Impact Glass Windows, Phone Entry, Sliding Windows, Smoke Detectors

Parking

  • Parking description:Attached, Garage, Garage Door Opener, One Space, Underground
  • Garage:Yes
  • Garage spaces:1
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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