945 Michigan Avenue #5
Miami Beach, FL 33139
2
Bed
2
Bath
976Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Flooring Information
Tile, Wood -
Interior Features
Elevator, OtherAppliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WasherWindow Features: Sliding -
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: Open, BalconyPrivate Pool: NoView: GardenAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, OutdoorLivingArea
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Listing Price Information
Listing Price: $599000Cash, Conventional, Cryptocurrency
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Tax Information
Parcel Number: 0242033360050 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, Covered, Garage, GarageDoorOpenerGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: YesHomeowners Association Information
Has Association: YesIncluded Fees: Insurance, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Roof, Sewer, Trash, WaterHOA: $1,456.00Association Amenities: Elevators
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School Information
Elementary School: Miami Beach Fienberg / Fisher K-8 Junior High School: 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 |
|---|---|---|---|---|---|
| 1245 West Avenue #302, Miami Beach, FL, 33139 | $410,000 | 2 | 2 | 891 | 891 SqFt |
| 1330 West Ave #2601, Miami Beach, FL, 33139 | $1,230,000 | 2 | 2 | 1,262 | 1,262 SqFt |
| 245 18th St #305, Miami Beach, FL, 33139 | $337,000 | 1 | 1 | 845 | 845 SqFt |
| 2301 Collins Ave #522, Miami Beach, FL, 33139 | $520,000 | -- | 1 | 660 | 660 SqFt |
| 300 Euclid Ave #209, Miami Beach, FL, 33139 | $889,999 | 2 | 3 | 1,190 | 1,190 SqFt |
| 1228 West Ave #208, Miami Beach, FL, 33139 | $250,000 | 1 | 2 | 750 | 750 SqFt |
| 2001 Meridian Ave #PH-16, Miami Beach, FL, 33139 | $1,895,000 | 2 | 3 | 1,809 | 1,809 SqFt |
| 1035 Meridian Avenue #5, Miami Beach, FL, 33139 | $219,900 | 1 | 1 | 426 | 426 SqFt |
| 100 Lincoln Rd #602, Miami Beach, FL, 33139 | $500,000 | 1 | 1 | 820 | 820 SqFt |
| 1500 Bay Rd #1210S, Miami Beach, FL, 33139 | $285,000 | -- | 1 | 472 | 472 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/02/2026 @ 05:03
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