How much is 551 Michigan Avenue 223?

551 Michigan Avenue 223 is listed at $240,000, which is about $476 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 551 Michigan Avenue 223?

The listing reports an association fee of $581 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 551 Michigan Avenue 223?

The listing reports annual property taxes of $3,487 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 551 Michigan Avenue 223 built?

551 Michigan Avenue 223 was built in 1945. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 551 Michigan Avenue 223 been on the market?

551 Michigan Avenue 223 has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 551 Michigan Avenue 223?

The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 551 Michigan Avenue 223?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

551 Michigan Avenue 223, Miami Beach, FL 33139

$240,000 · Active

1 bed
1 bath
504 sq ft
Condominium
Built 1945
HOA $581/mo
Miami-Dade County
MLS# A12107402
551/557 Michigan Condo

Corner Unit at 551 Michigan Avenue 223, Miami Beach

Photo 2 at 551 Michigan Avenue 223, Miami Beach

Photo 3 at 551 Michigan Avenue 223, Miami Beach

Photo 4 at 551 Michigan Avenue 223, Miami Beach

Photo 5 at 551 Michigan Avenue 223, Miami Beach

Photo 6 at 551 Michigan Avenue 223, Miami Beach

Photo 7 at 551 Michigan Avenue 223, Miami Beach

Photo 8 at 551 Michigan Avenue 223, Miami Beach

About this home

Discover an exceptional opportunity to own a piece of Miami Beach in a charming Art Deco building that combines timeless character, valuable improvements, and an unbeatable location! Just blocks from the beautiful beaches of South Beach, this property offers the ultimate coastal lifestyle, surrounded by world-class dining, boutique shopping, entertainment, and the vibrant energy of Miami Beach. What truly sets this property apart are the significant building improvements: a ROOF APPROXIMATELY 3 YEARS OLD, IMPACT-RESISTANT WINDOWS AND DOORS, SUCCESSFULLY COMPLETED 40-YEAR RECERTIFICATION, AND BUILDING INSURANCE IN PLACE. These important features add tremendous value and appeal for today’s buyers. Enjoy the convenience of a highly walkable neighborhood where the beach, charming cafés, and iconic Art Deco architecture are part of everyday life. Perfect as a primary residence, vacation getaway, or investment opportunity, this property offers the chance to enjoy one of South Florida’s most desirable coastal communities. Association has no reserves; financing with 20% down may be possible, subject to lender approval. A fantastic opportunity to embrace the South Beach lifestyle while benefiting from important building upgrades. Schedule your private showing today!

Features

Pantry

Schools

Elementary: Miami Beach South Pointe
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Lifestyle International Realty · info@lifestyleintrealty.com · Listing agent: Dunay Almir

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 551 Michigan Avenue 223.

Questions About 551 Michigan Avenue 223

How much is 551 Michigan Avenue 223?: 551 Michigan Avenue 223 is listed at $240,000, which is about $476 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 551 Michigan Avenue 223?: The listing reports an association fee of $581 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 551 Michigan Avenue 223?: The listing reports annual property taxes of $3,487 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 551 Michigan Avenue 223 built?: 551 Michigan Avenue 223 was built in 1945. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 551 Michigan Avenue 223 been on the market?: 551 Michigan Avenue 223 has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 551 Michigan Avenue 223?: The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 551 Michigan Avenue 223?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The condo at 1018 Euclid Avenue 2, Miami Beach, FL 33139 is comparable and listed for sale at $240,000. Another comparable condo, 224 Meridian Avenue 9, Miami Beach, FL 33139, sold for $238,000 in October 2026. Other Miami Beach neighborhoods include Lakeview and Bayshore. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.