Home » Miami Beach » 551/557 MICHIGAN CONDO at 557 Michigan Ave Miami Beach » 557 Michigan Ave 114, Miami Beach, FL 33139 | A11466595

557 Michigan Ave 114, Miami Beach, FL 33139 | Sold

$215,000
closed for a price of $208,000

Property Highlights

Listing ID A11466595 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 504 Sqft/46.82 m2 approx. Building Area 504 Sqft/46.82 m2 approx. Year Built 1945 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 272 Days
11 Photos of this Property

557 Michigan Ave 114, Miami Beach, FL 33139

Property Description: Serious buyers only. Firm price Beautifully renovated 1 bedroom/1 bathroom. Enclosed gate around entire building. Very quiet neighborhood, walking distance to beaches, restaurants, boardwalks, Whole Foods, parks, and so much more. This unit includes laminated wood floors, stainless steel appliances, and hurricane impact windows with an on-site laundry! INCLUDES ONE PARKING SPACE. Cash only

Residential Condominium Sold located at 557 Michigan Ave 114 Miami Beach FL 33139 in Miami-Dade County referenced as ID MLS # A11466595. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$249,000
Original List Price:$300,000
Close Price:$208,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Unknown
Architectural Style:
  • Garden Apartment
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Stucco
Flooring:
  • Vinyl
Number of stories:2
Possible Use:
  • Investment

Property Features

View from the Property:
  • Garden
Waterfront:No
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Courtyard
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,206

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$439
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:551/557 MICHIGAN CONDO
Association Fee Includes:
  • Maintenance Structure
Complex Name:Michigan Condo
Senior Community:No
Restrictions: See Remarks

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space

More Details

Other Information:
Unit View: Garden View
Housing Older Persons Act: No HOPA
Unit Design: Garden Apartment
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 364
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:551/557 MICHIGAN CONDO UNIT 114 UNDIV 1/20 INT IN COMMON ELEMENTS OFF REC 29549-1661
Real Estate Folio Number (Parcel Number):02-42-03-364-0070
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:October 10, 2023 4:52 pm
On Market Date:October 10, 2023
Close Date:July 8, 2024
Price Change Date Time:May 13, 2024 10:59 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 8, 2024 1:19 pm
Status Last Changed:July 8, 2024 1:19 pm
Photos Last Modified:January 2, 2024 4:16 pm
Last Modified:July 8, 2024 5:19 pm
Days on the Market Reference Date:July 8, 2024
Days on the Market (updated on Last Modified*):232
Cumulative Days on the Market (updated on Last Modified**):232

Additional Information

Unit Location:Garden Apartment
Number of Photos Count:11
Area:42
Ref ID:1046087221
Automated Valuation Display:Yes
Courtesy of:Real Estate Sales Force
Universal Property Id:US-12025-N-0242033640070-R-N

Location

Show Property Address:Yes
Street Name:Michigan Ave
Street Number:557
Street Address:557 Michigan Ave 114
Unit Number:114
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:557 Michigan Ave 114, Miami Beach, FL 33139
Latitude:N25° 46' 32.1''
Longitude:W81° 51' 43.1''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$