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945 Michigan Ave Unit 5, Miami Beach, Florida 33139

Active For Sale
$599,000
  • Beds 2
  • Baths 2
  • Sq Ft 976 Sqft
  • Visits: 7 in 41 days

Description

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.rnThe 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.rnInside, 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.

Features

  • Heating System: Electric
  • Cooling System: Electric
  • Patio: Balcony, Open
  • Parking: Garage, Garage Door Opener, One Space, Attached, Underground

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: THE TERRACE CONDO
  • Zipcode: 33139
  • Street: Michigan Ave
  • Street Number: 945
  • Floor Number: 0
  • Longitude: W81° 51' 42.6''
  • Latitude: N25° 46' 48.6''
  • UnitNumber: 5
  • MLS Area: 42

MLS Addon

  • Architectural Style: No
  • Association Amenities: Elevator(s)
  • Association Fee: $1,456
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Sewer, Maintenance Grounds, Trash, Water, Insurance, Reserve Fund, Roof
  • Close Price: $0
  • Exterior Features: Balcony, Security/High Impact Doors
  • Flooring: Tile, Wood, Hardwood
  • Garage Spaces: 1
  • High School: Miami Beach
  • Insurance Expense: $0
  • Interior Features: Other, Elevator
  • Middle Or Junior School: Nautilus
  • New Taxes Expense: $0
  • Stories Total: 4
  • Tax Annual Amount: $6,685
  • Window Features: Impact Glass, Sliding

Location

Listing Updated: 2026-06-22 03:30:59

  • Parent : 945::Michigan Ave:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12029487
  • Price : $599,000
  • View : Garden
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 976 Sqft
  • Year Built : 2007
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 40
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