6 months on rocket

557 Michigan Ave Unit 114, Miami Beach, FL, 33139

$249,000

Home List Price

$2,957*

Closing Credit

1 Bedroom
1 Full Bath
504 SqFt
$494/SqFt
Condo
Schools Nearby

Location

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557 Michigan Ave Unit 114, Miami Beach$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Year Built1945
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11466595
StatusActive

About 557 Michigan Ave Unit 114

Price to sell. Beautifully renovated 1 bedroom/1 bathroom. Enclosed gate around entire building. Very quiet neighborhood, walking distance to beaches, restaurants, boardwalks, Whole Foods, parks, and so much more. This unit includes laminated wood floors, stainless steel appliances, and hurricane impact windows with an on-site laundry! INCLUDES ONE PARKING SPACE. Cash only

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment
  • Year Built: 1945
  • Living Area: 504 SqFt

Listing Office:

  • Office Name: Real Estate Sales Force
  • Office Phone: (305) 392-1497
  • Listing Agent: Janine Oliveira

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Courtyard

Parking Information:

  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 557 Michigan Ave Unit 114

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $494/SqFt

HOA Fees:

  • Amount: $439
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$590.2K

Med. Price/SqFt

$580

Avg. Days On Market

89

# of Sold Homes

163

557 Michigan Ave Unit 114 vs Miami Beach

208 DAYS ON ROCKET

+119 Days

$249,000

-$341.2K Less

$494/SqFt

-$87 Less

KEY TAKEAWAY

This property is $341.2K less than the Median Sold Price and $87/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11466595

Listing Office:

  • Office Name: Real Estate Sales Force
  • Office Phone: (305) 392-1497
  • Listing Agent: Janine Oliveira

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,749

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6748263
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6748264
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.79 miles

  • Public District Grades 6-8

High School

school-card-donut-6748265
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,253. Typical income of Miami Beach, FL residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 557 Michigan Ave Unit 114

What is the listing price of this property?

The listing price of 557 Michigan Ave Unit 114 property is $249,000.

What type of property is this?

The property 557 Michigan Ave Unit 114 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 557 Michigan Ave Unit 114 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 557 Michigan Ave Unit 114 are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 557 Michigan Ave Unit 114 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 557 Michigan Ave Unit 114 is 504 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 557 Michigan Ave Unit 114 is 1945.

Rocket HomesFloridaMiami-Dade CountyMiami Beach33139557 Michigan Ave Unit 114

This home is located at 557 Michigan Ave Unit 114 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 504 square foot home was built in 1945. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 11, 2023 and is currently priced at $249,000.

Over 8 listings were sold over their listed price in April 2024 in Miami Beach, FL. In the same period over 140 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between March 2024 and April 2024 increased by 5.8%. While the average time on the market in April 2024 was 89 days, the median list price was $590,290.

From Rocket Homes Real Estate and based on county public records data.

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