LKV Realty
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$599,000
$2,900Reward *
945 Michigan Ave Unit 5, Miami Beach, FL 33139Listing ID A12029487

945 Michigan Ave Unit 5, Miami Beach, FL 33139

Active
THE TERRACE CONDO
Last updated: Jul 23, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
976
Days on Site
Days on Site
64
Cooling
Cooling
Electric
Heating
Heating
Electric
Year Built
Year Built
2007
Garages
Garages
1
Parking
Parking
Attached, Underground, Garage, One Space, Garage Door Opener

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.

Property Information

Property Details

Location

Address
945 Michigan Ave
County
Miami-Dade
City
Miami Beach
Zip Code
33139
Subdivision
THE TERRACE CONDO
High School
Miami Beach
MLS Area
42

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
976
Year Built
2007
Construction
Block

Property Taxes

Tax Annual Amount
$6,685
Tax Year
2025

Homeowner Association

HOA Fee
$1,456
HOA Fee Frequency
Monthly
VantaSure Realty LLC, (954) 461-5734

Market Report for 33139

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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