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.
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 Details
Price:
$260,000
MLS #:
A12046382
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
551/557 MICHIGAN CONDO
Neighborhood:
551557michigancondo
Listed Date:
Jul 1, 2026
Finished Sq Ft:
426
Total Sq Ft:
426
Year Built:
1945
See this Listing
Schools
Interior
Appliances
Dishwasher
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Central
Interior Features
First Floor Entry
Exterior
Association Amenities
Laundry
Construction Materials
Concrete Block Construction
Exterior Features
None, Other
Parking Features
None
Security Features
Other
View
Garden View, None
Financial
HOA Fee
$450
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$4,047
Map
Community
- Address557 Michigan Ave # 115 Miami Beach FL
- Subdivision551/557 MICHIGAN CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Condo in Miami Beach as of Nov 02, 2026
1,770
Condo Listed
180
Avg DOM
1,000
Avg $ / SqFt
$1,599,432
Avg List Price
Property Summary
- Located in the 551/557 MICHIGAN CONDO subdivision, 557 Michigan Ave # 115 Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $260,000 and features 1 beds, 1 baths, and has approximately 426 square feet of living space, and was originally constructed in 1945. The current price per square foot is $610. The average price per square foot for Condo listings in Miami Beach is $1,000. The average listing price for Condo in Miami Beach is $1,599,432. To schedule a showing of MLS#a12046382 at 557 Michigan Ave # 115 in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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