557 Michigan Avenue #115
Miami Beach, FL 33139
1
Bed
1
Bath
426Acres
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1Flooring Information
Laminate -
Interior Features
BedroomOnMainLevelAppliances: Dishwasher -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1945Building Area Total: 426Construction Materials: BlockPrivate Pool: NoView: GardenAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Other
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Listing Price Information
Listing Price: $235000Cash, Conventional
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Tax Information
Parcel Number: 0242033640090 Tax Year: 2025 Annual Tax: $4047 Tax Legal Desc: 551/557 MICHIGAN CONDO UNIT 115 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
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Garage Information
Pets Allowed: YesHomeowners Association Information
Has Association: YesIncluded Fees: Sewer, WaterHOA: $450.00Association Amenities: Laundry
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School Information
Elementary School: Miami Beach South Pointe Junior High School: Miami Beach Nautilus Senior High School: Miami Beach -
Location Information
Security Features: Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 226 Ocean Dr #8F, Miami Beach, FL, 33139 | $16,000 | 2 | 2 | 1,567 | 1,567 SqFt |
| 335 Ocean Dr #120, Miami Beach, FL, 33139 | $299,000 | -- | 1 | 200 | 200 SqFt |
| 50 S Pointe Dr #2102, Miami Beach, FL, 33139 | $45,000 | 3 | 5 | 2,872 | 2,872 SqFt |
| 300 S Pointe Dr #PH-5, Miami Beach, FL, 33139 | $24,999,000 | 4 | 7 | 5,680 | 5,680 SqFt |
| 1211 Pennsylvania Ave #B1, Miami Beach, FL, 33139 | $189,000 | 1 | 1 | 450 | 450 SqFt |
| 335 Ocean Dr #306, Miami Beach, FL, 33139 | $425,000 | 1 | 1 | 410 | 410 SqFt |
| 1616 Euclid Ave #6, Miami Beach, FL, 33139 | $260,000 | 1 | 1 | 674 | 674 SqFt |
| 1000 West Ave #1122, Miami Beach, FL, 33139 | $289,000 | -- | 1 | 619 | 619 SqFt |
| 900 Meridian Ave #104, Miami Beach, FL, 33139 | $265,000 | 1 | 1 | 535 | 535 SqFt |
| 345 Ocean Dr #602, Miami Beach, FL, 33139 | $449,000 | 1 | 1 | 659 | 659 SqFt |
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ByOwner last updated this listing 07/04/2026 @ 22:24
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