Overview
Description
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.
Virtual Tour
Address
- Street557 Michigan Ave #115
- CityMiami Beach
- Subdivision551/557 MICHIGAN CONDO
- CountyMiami-Dade County
- StateFL
- Zip33139
- MLS #A12046382
Interior
- Bedrooms Total1
- Entry Level1
- HeatingCentral
- HeatingYes
- Interior FeaturesFirst Floor Entry
- Living Area426
- Living Area UnitsSquare Feet
- Rooms Total0
- Security FeaturesOther
Exterior
- Exterior FeaturesNone, Other
- Garage Spaces0
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesNone
- ViewGarden View, None
Structure
- Property AttachedYes
- Stories Total2
- Structure TypeCondo 1-4 Stories, Condo
- Year Built1945
- Year Built DetailsResale
Financial
- Other Expense0
- Parcel Number02-42-03-364-0090
- Public Survey Range42
- Public Survey Section3
- Public Survey Township42
- Tax Annual Amount4,047
- Tax Legal Description551/557 MICHIGAN CONDO UNIT 115 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
- Tax Year2025
Location
- MLS Area Major551/557 Michigan Condo
- Postal Code33139
- Postal Code Plus46325
- Street NameMichigan Ave
- Street Number557
- Street Number Numeric557
- Subdivision Name551/557 MICHIGAN CONDO
- Unit Number115
- Unparsed Address557 Michigan Ave # 115, Miami Beach FL 33139
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Gabriela Lopez Nante
Listing Agent · Miami Beach Real Estate Group
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