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  1. Home/
  2. Miami Beach, FL/
  3. 551/557 Michigan Condo

551/557 Michigan Condo

557 Michigan Ave, Miami Beach, FL, 33139

Units for Sale

Front view of a modern multi-story building with curved walls and large windows.View Listing
MLS ID #A2143412
Front view of a modern multi-story building with curved walls and large windows.View ListingMLS ID #A2143412
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YearBuilt

Year Built

1940

Stories

# Stories

2

#TotalUnits

# Total Units

17
UnitSizeRange

Unit Size Range

426-528 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Medium


Building Description

551 Michigan is a charming two-story building located on Michigan Avenue in Miami Beach. Constructed in 1940, this historic structure reflects the classic architectural style of the era with its art deco design elements, intricate facade details, and period-specific craftsmanship. While it is not a waterfront property, its location offers a prime position amidst the vibrant atmosphere of Miami Beach. The building encompasses a limited number of residential units, each thoughtfully designed to maximize space and incorporate natural light. Residents of 551 Michigan enjoy features such as high ceilings, hardwood flooring, and large windows offering views of the surrounding urban landscape. Although intimate in size, the building provides essential facilities that include a gated entry and secure parking. A short distance from the renowned beaches, local dining hotspots, and popular cultural venues, 551 Michigan offers convenient access to the lively environment and rich cultural tapestry of Miami Beach. The property resides within the 33139 zip code, known for its dynamic blend of art, entertainment, and shopping, contributing to the area's reputation as a fashionable destination with a unique historical character. As a quintessential example of early Miami Beach architecture, 551 Michigan embodies both nostalgic charm and urban convenience.

Front view of a modern multi-story building with curved walls and large windows.View Listing
MLS ID #A2143412
Front view of a modern multi-story building with curved walls and large windows.View ListingMLS ID #A2143412
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Placeholder
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Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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551/557 Michigan Condo Market Report (last 12 months)

Avg. List Price
$287,000 ($600/Sqft.)
Year-Over-Year List Price
Up Arrow 0.33%
Total Listings
Listings2
Avg. Days On Market
Calendar272
Avg. Sale Price
$208,000 ($413/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$2 /monthly
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About 551/557 Michigan Condo

Condo Living at 551/557 Michigan Condo, located at 557 MICHIGAN AVE,MIAMI BEACH,FL:

Welcome to the vibrant community of 551/557 Michigan Condo in sunny Miami Beach! This charming condo building, built in 1940, encapsulates the essence of laid-back coastal living with its cozy two-story structure. Nestled at 557 Michigan Avenue, it houses only 15 unique units, making it a perfect spot for first-time buyers looking for something manageable and quaint. The units range in size from 426 to 528 square feet, ideal for individuals or couples starting their property journey.

Building Features and Unit Availability:

The building has a moderate availability of units, which means there are options out there waiting for you! With a total of just 15 units, you'll have a sense of community that's hard to find in larger complexes. The average price per square foot is $413, which makes it a competitive option while keeping the overall average closed price at $208,000. Given these numbers, buyers can expect to navigate through a market with low demand, allowing for potential bargains.

Amenities You'll Love:

While the specifics about additional amenities weren’t provided, the charm of living in a condo like 551/557 Michigan enhances everyday living. You'll appreciate the opportunity to build connections in a smaller community, a delightful benefit for those looking to mingle and create friendships. Plus, the low-key vibe makes for a relaxing environment after a long day at the beach or city explorations.

  1. Home/
  2. Miami Beach, FL/
  3. 551/557 Michigan Condo
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