Condo in 945 Michigan Avenue 5, Miami Beach, FL 33139 for sale with MLS# A12029487
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 modern construction with extensive recent building improvements.The building features assigned indoor parking, two beautiful rooftop terraces, impact windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting.Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.
945 Michigan Avenue 5, Miami Beach, FL 33139
- Price:
- $599,000.00
- Original List Price:
- $599,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $613.72
- More Listings Same Building:
- The Terrace in 945 Michigan Ave Miami Beach
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 2, 2026 4:00 am
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- Other
- Living Area:
- 976 Sqft
- Built-Up Area:
- 976 Sqft
- View from the Property:
- Garden
- Waterfront:
- No
- Security:
- Smoke Detector(s), Secured Garage/Parking, Entry - Phone/intercom
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
- Interior:
- Elevator
- Exterior:
- Balcony
- Windows:
- Sliding
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 2007
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Tile, Wood
- Number of stories:
- 4
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $6,685.00
- Tax Year:
- 2025
- Association Fee:
- $1,456.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Garage, Garage Door Opener, Attached, Under Building, Attached Garage
- Electric:
- Circuit Breakers
- Association
- Special Assessment
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval, Association Approval Required, Rapid Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Elevator(s)
- Subdivision Name:
- THE TERRACE CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Insurance, Elevator, Reserve Funds, Roof Repairs
- Senior Community:
- No
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional, Cryptocurrency
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- THE TERRACE CONDO UNIT 5 UNDIV 975.85/7232.26 INT IN COMMON ELEMENTS OFF REC 26092-2051
- Real Estate Folio Number (Parcel Number):
- 0242033360050
- Elementary School:
- Collins
- High School:
- Miami Beach
- Active on the market since:
- June 2, 2026
- Listing Agreement executed on:
- June 2, 2026
- Listing Status Last Changed On:
- June 2, 2026 4:00 am
- Photos updated on:
- June 14, 2026 10:36 am
- Last Modified:
- July 6, 2026 6:06 pm
- Courtesy of:
- VantaSure Realty LLC
- Attribution:
- Not provided
- Floor Number:
- 3
- Street Name:
- Michigan
- Street Number:
- 945
- Unit Number:
- 5
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 48.6''
- Longitude:
- W81° 51' 42.6''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 945 Michigan Avenue 5, Miami Beach, FL 33139
