557 Michigan Ave, 551 Michigan Ave #224

$310K11.3%
$275,000
1
Beds
1
Baths
504
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
504 SqFt (47 m2)
Price
$546/SqFt ($5,873/m2)
Type
Condo
Built
1945
HOA
$580/MO
MLS Number
A11749992
View
Other
On Site
571 Days
Updated
400 Days ago
Page Views
0
Lovely remodeled Art Deco second floor 1 bedroom 1 bathroom conveniently in the heart of South Beach. This lovely apartment also features an assigned parking space, Italian-style kitchen cabinets, stainless steel appliances, including a dishwasher, contemporary bathroom fixtures, laminate floors, and a community washer & dryer. This apartment is just a short walk from our world-famous beaches, shops, restaurants, Publix, Target, Walgreens, several gyms and the public pool, and Flamingo Park. The unit is very airy and bright. Also perfect for an investment property, a beach pied-a-terre. HOA and city allow seasonal rentals with proper licenses.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Fence
  • View: Other
Interior, Heating and Cooling
  • Interior Features: SecondFloorEntry, Other
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir, CeilingFans
Building and Construction
  • Floor Description: Other
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 1945
  • Year Built Description: Condo-Conversion
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-02-21T17:29:30.000-00:00
    • Directions: North
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, Insurance, Laundry, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Sewer, Trash, Water
    • Taxes: 3989
    • Security Information: ComplexFenced, SmokeDetectors
    • Parking Description: Assigned, OneSpace, OnStreet
    • Total Floors in Building: 2

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    Price History

    Current
    $275K
    High
    $310K
    Low
    $275K
    Total Change
    -11.3%
    $314K$293K$271KFeb 25May 25May 25Jun 25
    Date
    Event
    Price
    Change
    Price Per
    06/09/2025
    Price Reduced
    $275K
    -3.51%
    $546 ft2
    $5,873 m2
    05/29/2025
    Price Reduced
    $285K
    -3.39%
    $565 ft2
    $6,087 m2
    05/17/2025
    Price Reduced
    $295K
    -4.84%
    $585 ft2
    $6,300 m2
    02/21/2025
    Listed
    $310K
     
    $615 ft2
    $6,621 m2
    06/09/2025
    $275K
    Event
    Price Reduced
    Change
    -3.51%
    Price Per
    $546 ft2
    $5,873 m2
    05/29/2025
    $285K
    Event
    Price Reduced
    Change
    -3.39%
    Price Per
    $565 ft2
    $6,087 m2
    05/17/2025
    $295K
    Event
    Price Reduced
    Change
    -4.84%
    Price Per
    $585 ft2
    $6,300 m2
    02/21/2025
    $310K
    Event
    Listed
    Price Per
    $615 ft2
    $6,621 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Gilles DanardOasis Miami • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    97

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    51

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    85

    100
    Sound Score®
    Very loud
    71

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    37

    100
    Local Score
    Limited local amenities nearby
    5

    100
    Community Snapshot
    1 – 1 BR
    Bedrooms
    $235K – $235K
    Price Tier
    426 - 521
    SqFt Range
    1945
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Bike Storage
    Laundry
    None

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos