HOMES BY DARCI
Southern Key Realty
945 Michigan Avenue 5 Miami Beach FL 33139
Views
Address
945 Michigan Avenue 5, Miami Beach, FL
Price
$ 599,000
Property Attributes
- MLS#A12029487
- TypeCondos
- Listing Status Coming Soon
- CountyMiami-Dade
- CityMiami Beach
- Area2420
- NeighborhoodTHE TERRACE CONDO
- Zip33139
- Style
- Year Built2007
- Taxes$ 6685
- Price$ 599,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage976
Data Source:
Beaches MLS (FL)
Property Description
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.
| Elementary School | High School |
|---|---|
| Miami Beach Fienberg / Fisher K-8 Elementary School | Miami Beach High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $599,000 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Possession | Close Of Escrow |
| Appliances | Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Washer |
| HOA Fee | 1456 |
| Garage Spaces | 1 |
| Association Fee Includes | Insurance,Maintenance Grounds,Maintenance Structure,Reserve Fund,Roof,Sewer,Trash,Water |
| Patio/Porch Features | Open,Balcony |
| Security Features | Secured Garage/Parking,Phone Entry,Smoke Detector(s) |
| Construction Materials | Block |
| Pets Allowed | Yes |
| Year Built | 2007 |
| Electric | Circuit Breakers |
| View | Garden |
| Unit Number | 5 |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Assoc Fee Paid Per | Monthly |
| County | Miami-Dade |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Elevator(s) |
| Attached Garage | true |
| Subdivision Name | THE TERRACE CONDO |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Coming Soon |
| High School | Miami Beach |
| City | Miami Beach |
| Disclosures | Special Assessment |
| Senior Community Y/N | false |
| MLS Area | 2420 |
| Elementary School | Miami Beach Fienberg / Fisher K-8 |
| Tax Annual Amount | 6685 |
| Property Condition | Resale |
| Standard Status | Coming Soon |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Condominium |
| PostalCity | Miami Beach |
| Legal Description | THE TERRACE CONDO UNIT 5 UNDIV 975.85/7232.26 INT IN COMMON ELEMENTS OFF REC 26092-2051 |
Interior Features
| Interior Amenities | Elevator,Other |
|---|---|
| Flooring | Tile,Wood |
| Total Stories | 4 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Sliding |
| Total Bedrooms | 2 |
| Entry Level | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony,Outdoor Living Area |
|---|---|
| Parking Features | Attached,Covered,Garage,Garage Door Opener |
| Building Area Total | 976 |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Price
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