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.
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.
Property Details
Price:
$599,000
MLS #:
A12029487
Status:
Active
Beds:
2
Baths:
2
Address:
945 Michigan Ave # 5
Type:
Condo
Subtype:
Condominium
Subdivision:
THE TERRACE CONDO
Neighborhood:
theterracecondo
City:
Miami Beach
Listed Date:
Jun 2, 2026
State:
FL
Finished Sq Ft:
976
Total Sq Ft:
976
ZIP:
33139
Year Built:
2007
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Schools
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Electric
Flooring
Tile, Wood
Heating
Electric
Exterior
Association Amenities
Elevator(s)
Construction Materials
C B S Construction
Exterior Features
None, Open Balcony
Parking Features
1 Space, Additional Spaces Available, Parking- Under Building
Security Features
Smoke Detector, Phone Entry, Secured Garage/ Parking
Financial
HOA Fee
$1,456
HOA Frequency
Monthly
Tax Year
2025
Taxes
$6,685
Map
Community
- Address945 Michigan Ave # 5 Miami Beach FL
- SubdivisionTHE TERRACE CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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945 Michigan Ave # 5
Miami Beach, FL
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