1 / 23945 Michigan Avenue 5
Miami Beach, FL 33139
MLS # A12029487· Active IDX
$599,000
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 976 sq ft
- Year built
- 2007
- Type
- Condominium
- Days on market
- 158
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.
Details
| MLS # | A12029487 |
|---|---|
| Status | Active |
| Subdivision | The Terrace Condo |
| County | Miami-Dade |
| ZIP | 33139 |
| View | Garden |
| Waterfront | No |
| Garage spaces | 1 |
| Construction | CBS |
| Flooring | Tile, Wood |
| Heating | Electric |
| Cooling | Electric |
| Appliances | Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer |
| Interior features | Elevator |
| Exterior features | Balcony |
| Pets | Yes |
| Association fee | $1,456 / monthly |
| Annual taxes | $6,685 |
Listing courtesy of VantaSure Realty LLC, Mxim Madcedi. Last updated Oct 30, 2026, 10:20 PM ET.
Request a showing
Mention MLS # A12029487 (945 Michigan Avenue 5) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 10:20 PM ET.
