Discover an exceptional opportunity to own a piece of Miami Beach in a charming Art Deco building that combines timeless character, valuable improvements, and an unbeatable location! Just blocks from the beautiful beaches of South Beach, this property offers the ultimate coastal lifestyle, surrounded by world-class dining, boutique shopping, entertainment, and the vibrant energy of Miami Beach. What truly sets this property apart are the significant building improvements: a ROOF APPROXIMATELY 3 YEARS OLD, IMPACT-RESISTANT WINDOWS AND DOORS, SUCCESSFULLY COMPLETED 40-YEAR RECERTIFICATION, AND BUILDING INSURANCE IN PLACE. These important features add tremendous value and appeal for today's buyers. Enjoy the convenience of a highly walkable neighborhood where the beach, charming cafés, and iconic Art Deco architecture are part of everyday life. Perfect as a primary residence, vacation getaway, or investment opportunity, this property offers the chance to enjoy one of South Florida's most desirable coastal communities. Association has no reserves; financing with 20% down may be possible, subject to lender approval. A fantastic opportunity to embrace the South Beach lifestyle while benefiting from important building upgrades. Schedule your private showing today!
Property Details
MLS#
A12107402
Price
$240,000
Status
Active
Beds
1
Full Baths
1
Square Feet
504 ft² / 47 m²
Price Per Sq Ft
$476
Type
Residential
Year Built
1945
Taxes
$3,487 / Year
HOA Fees
$581 / Monthly
Subdivision
551/557 MICHIGAN CONDO
Waterfront
No
Property Details
MLS#
A12107402
Price
$240,000
Beds
1
Full Baths
1
Square Feet
504 ft² / 47 m²
Price Per Sq Ft
$476
Type
Condominium
Status
Active
Year Built
1945
Taxes
$3,487 / Year
HOA Fees
$581 / Monthly
Subdivision
551/557 MICHIGAN CONDO
Waterfront
No
Location
Listing Courtesy of Lifestyle International Realty
551 Michigan, #223 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on Oct 15, 2026 by Lifestyle International Realty for $240,000. Located in 551/557 MICHIGAN CONDO is a 1-bed, 1-bath, 504 ft² / 47 m² sqft condo built in 1945.