945 Michigan Ave # 5, Miami Beach FL 33139

MLS #A12029487

View Map
Active Add
$599,000
2
Bedrooms
2.0
Bathrooms
976 sq ft
Living Area

Property Details

Type Residential
Style Condominium
Bedrooms 2
Bathrooms 2
Half Baths 0
Living Area 976 sq ft
Pets Allowed Yes
Taxes $6,685
Maintenance Fee $1,456
Price $599,000
Status Active
Lot Size N/A
Year Built 2007
Waterfront No
Pool No
Subdivision THE TERRACE CONDO
Days on Market 16
Unit Number #5 on 3rd Floor

Additional Information

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.

Schedule a Showing

Select a Day

Wednesday
24
Jun
Thursday
25
Jun
Friday
26
Jun
Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

Contact Agent


Similar Properties

Similar properties that are based on the subject property's location, size and price.

Nearby Recently Sold Properties

Nearby recently Sold properties that are based on the subject property's location, size and price. We also check for properties that have been Sold in the same neighborhood over the last 180 days.

Schools

Walk Score

This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by VantaSure Realty LLC

The Miami Luxury Homes A-List

Join 5,000+ current subscribers and sign up to receive our weekly newsletter!

We will NEVER share your information

Explore Miami & Miami Beach Communities