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For Sale
Listed on July 1, 2026

557 MICHIGAN AVE, Unit 115

$235,000
1 Beds
1 Baths
426 sqft
0 Parkings
HOA fees:
$450
Annual Tax:
$4,047
Occupancy:
Tenant
Year Built:
1945
Stories:
2
Days on market:
1 day ago

Description

Great renovated 1-bedroom, 1-bathroom condo in a Prime location. Enjoy the benefit of an exceptionally low monthly HOA for the area, with no special assessments. This property is currently tenant-occupied, providing immediate rental income from the day of closing. Located in a rapidly growing neighborhood, it also offers excellent flexibility for investors, with the ability to rent every 30 days. Just steps from the beach, upscale dining, and premier shopping, this is an outstanding opportunity for both investors and future homeowners seeking a property in one of the area's most sought-after locations.
Miami Beach Real Estate Group

Features & Details

Learn about the features and details of 557 MICHIGAN AVE, Unit 115

Property Details

  • Property Type
    Condominium
  • Living Area
    426 sqft
  • Year Built
    1945
  • Lot Size
    -
  • Stories
    2 Stories
  • Annual Tax
    $4,047
  • List Date
    7/1/2026
  • Updated
    7/2/2026
  • Last Checked
    Recent
  • MLS Number
    #A12046382
  • Brokerage
    Miami Beach Real Estate Group
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $235,000
  • Unit Number
    115
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    None
  • Pets Allowed
    Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dishwasher
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

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Amenities

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  • Laundry

Building details

Check more details about the 551/557 Michigan Ave building

Main building photo
551/557 Michigan Ave condo
For sale: 2
|
For rent: 0
View Details

Real estate trends

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Explore Miami-Dade

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FAQs About 551/557 Michigan Ave - 557 MICHIGAN AVE, Unit 115

557 MICHIGAN AVE, Unit 115, MLS® A12046382 has a size of 426 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 557 MICHIGAN AVE, Unit 115, MLS® A12046382.

Annual taxes for this home are $4,047 based on 2025 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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557 MICHIGAN AVE, Unit 115
557 MICHIGAN AVE, Unit 115