$240,000

551 MICHIGAN AVE #223, MIAMI BEACH, FL 33139

1 bed1 bath504 sq ftCondo or villaBuilt 1945
Updated today, November 3, 2026

This home against Miami Beach

$476 per sq ft, 32% under the Miami Beach median
21 days on the market
$3,487 in property taxes (2025)

Miami Beach today: 1,854 homes for sale, median list price $659,000.

About this home

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!

Zoned schools

Elementary: Miami Beach South Pointe Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of Lifestyle International Realty. MLS# A12107402.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 13, 2026.

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