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 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.
Property Details
MLS#
A12029487
Price
$599,000
Status
Active
Beds
2
Full Baths
2
Square Feet
976 ft² / 91 m²
Price Per Sq Ft
$614
Type
Residential
Year Built
2007
Taxes
$6,685 / Year
HOA Fees
$1,456 / Monthly
Subdivision
THE TERRACE CONDO
Waterfront
No
Property Details
MLS#
A12029487
Price
$599,000
Beds
2
Full Baths
2
Square Feet
976 ft² / 91 m²
Price Per Sq Ft
$614
Type
Condominium
Status
Active
Year Built
2007
Taxes
$6,685 / Year
HOA Fees
$1,456 / Monthly
Subdivision
THE TERRACE CONDO
Waterfront
No
Location
Listing Courtesy of VantaSure Realty LLC
Property Information
General Information
General Information
For Lease: No
Pet Restrictions : No
County Or Parish : Miami-Dade
Zip Code : 33139
City : Miami Beach
List Price : $599,000
Maintenance / Tax Information
Tax Amount : $6,685
Tax Year : 2025
Membership Required : No
Building Information
Property Type : Residential
Subdivision : THE TERRACE CONDO
School Information
Elementary School : Miami Beach Fienberg / Fisher K-8
945 Michigan, #5 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on Jun 05, 2026 by VantaSure Realty LLC for $599,000. Located in THE TERRACE CONDO is a 2-bed, 2-bath, 976 ft² / 91 m² sqft condo built in 2007.