For sale Condo

Listed Oct 15, 2026

$240,000 Est. $1,587/mo

551 Michigan Avenue Unit 223

  • 1

    Beds

  • 1

    Baths

  • 504

    Sq ft

The story

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!

Facts & features

Home type

Condo

Year built

1945

Floors

2

Price per sq ft

$476

HOA

$581 / monthly

Included features

  • Cooling

    Central Air

  • Appliances

    Dishwasher, Disposal, Microwave, Refrigerator

  • Flooring

    Ceramic Tile

  • Lot Information

    Flood Zone

  • Exterior

    Security High Impact Doors

Mortgage calculator

Estimated monthly payment

$1,587 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,277
  • Property tax $240
  • Insurance $70

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Lifestyle International Realty

Broker Name

Lifestyle International Realty

Agent

Dunay Almir

Location

Miami Lakes FL 33016