945 Michigan Ave #5
Miami Beach, FL 33139
2
Bed
2
Bath
976Sqft
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
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Flooring Information
Hardwood, Tile, Wood -
Interior Features
Other, ElevatorAppliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WasherWindow Features: Sliding, ImpactGlass -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 2007Building Area Total: 976Construction Materials: BlockPatio And Porch Features: Balcony, OpenPrivate Pool: NoView: GardenAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, SecurityHighImpactDoors
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Listing Price Information
Listing Price: $599000Cash, Conventional, Cryptocurrency
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Tax Information
Parcel Number: 02-42-03-336-0050 Tax Year: 2025 Annual Tax: $6685 Tax Legal Desc: THE TERRACE CONDO UNIT 5 UNDIV 975.85/7232.26 INT IN COMMON ELEMENTS OFF REC 26092-2051
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Virtual Tour
Parking Information
Attached, Underground, Garage, OneSpace, GarageDoorOpenerGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: YesHomeowners Association Information
Included Fees: Insurance, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Roof, Sewer, Trash, WaterHOA: $1,456.00Association Amenities: Elevators
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School Information
Elementary School: Junior High School: Nautilus Senior High School: Miami Beach -
Location Information
Security Features: SecuredGarageParking,PhoneEntry,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1455 West Ave #501, Miami Beach, FL, 33139 | $470,000 | 2 | 2 | 878 | 878 SqFt |
| 100 S Pointe Dr #1206, Miami Beach, FL, 33139 | $13,900,000 | 3 | 4 | 2,508 | 2,508 SqFt |
| 5 Island Ave #LE, Miami Beach, FL, 33139 | $459,000 | 1 | 2 | 950 | 950 SqFt |
| 618 Euclid Ave #303, Miami Beach, FL, 33139 | $270,000 | 1 | 2 | 703 | 703 SqFt |
| 1235 Euclid Ave #16, Miami Beach, FL, 33139 | $199,999 | -- | 1 | 430 | 430 SqFt |
| 1555 Pennsylvania Ave #.., Miami Beach, FL, 33139 | $210,000 | 1 | 1 | 428 | 428 SqFt |
| 520 West Ave #1203, Miami Beach, FL, 33139 | $975,000 | 1 | 1 | 776 | 776 SqFt |
| 1526 Pennsylvania Ave #20, Miami Beach, FL, 33139 | $239,000 | 1 | 1 | 456 | 456 SqFt |
| 100 Meridian Ave #233, Miami Beach, FL, 33139 | $1,025,000 | 2 | 2 | 940 | 940 SqFt |
| 1100 West Ave #410, Miami Beach, FL, 33139 | $499,000 | 1 | 1 | 696 | 696 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 17:02
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