$599,000
 $3,216 est/mo Sourced by Back At You

945 Michigan Avenue 5,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

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 windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting.Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.

Details

MLS #A12029487
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,456
Sub-TypeResale
StatusActive
Year2007
Days On Site95
Listing Provided ByVantaSure Realty LLC | Mxim Madcedi

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet976
Garage1
Story(s)4
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Covered, Garage, Garage Door Opener

Taxes

Tax Annual Amount6685

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Community NameTHE TERRACE CONDO
Listing VS Median (in THE TERRACE CONDO)
Price:
$599,000
low | high
Med:
$599,000
50% of Average
sqft:
976
low | high
Med:
976
50% of Average
$ / sqft:
$614
low | high
Med:
$614
50% of Average
On site:
95
low | high
Med:
95
100% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Community NameTHE TERRACE CONDO
Listing VS Median (in THE TERRACE CONDO)
Price:
$599,000
low | high
Med:
$599,000
50% of Average
sqft:
976
low | high
Med:
976
50% of Average
$ / sqft:
$614
low | high
Med:
$614
50% of Average
On site:
95
low | high
Med:
95
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $449K - $748K
sqft: 732 - 1,000
Listing Updated: July 24, 2026 at 10:16:09 PM PDT