Homes for sale in Miami Beach
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Condominium
945 Michigan Ave # 5
Miami Beach, FL 33139
$599,000
- Beds
- 2
- Baths
- 2
- Sq ft
- 976
- Year built
- 2007
- Price per sq ft
- $614
Listing courtesy of Mxim Madcedi, VantaSure Realty LLC
About this home
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.
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.
Details
Property
- Type
- Condominium
- Building
- Condo 1-4 Stories
- Year built
- 2007
- Stories
- 4
- Building name
- THE TERRACE CONDO
- Subdivision
- THE TERRACE CONDO
- County
- Miami-Dade County
- View
- Garden View
- Flood zone
- AE
Interior
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring
- Tile, Wood
- Cooling
- Electric
- Heating
- Electric
- Features
- Elevator
Exterior and parking
- Exterior
- Open Balcony
- Patio and porch
- Open Balcony
- Parking
- 1 Space, Additional Spaces Available, Parking-Under Building
- Garage spaces
- 1
- Construction
- CBS Construction
Community and fees
- Association fee
- $1,456 monthly
- Amenities
- Elevator(s)
- Maintenance includes
- Building Exterior, Elevator, Insurance, Landscaping/Lawn Maintenance, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Trash Removal, Water
- Security
- Smoke Detector, Phone Entry, Secured Garage/Parking
- Annual taxes
- $6,685
- Terms
- All Cash, Conventional, Cryptocurrency
- Minimum lease (days)
- 365
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 1, 2026.