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$599,000
7 Days On Site

945 Michigan Ave 5
Miami Beach, FL 33139

Condominium|Coming Soon
2
Beds
2
Total Baths
2
Full Baths
976
SqFt
$614
/SqFt
2007
Built
Subdivision:
THE TERRACE CONDO
County:
Miami-Dade

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

945 Michigan Ave 5945 Michigan Ave 5945 Michigan Ave 5945 Michigan Ave 5
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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.

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Listing Snapshot
Price 
$599,000
Days On Site 
7 Days
Bedrooms 
2
Inside Area (SqFt) 
976 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2007
MLS® Number 
A12029487
Status 
Coming Soon
Property Tax 
$6,685
HOA/Condo/Coop Fees 
$1,456 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Coming Soon
3 days agoListing updated with changes from the MLS®
6 days agoPrice changed to $599,000
a week agoListing first seen on site
General Features
Attached Garage 
Yes
Disclosures 
Special Assessment
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
4
Parking 
AttachedUndergroundGarageGarage Door Opener
Pets 
Yes
Property Sub Type 
Condominium
Security 
Secured Garage/ParkingSmoke Detector(s)
SqFt Total 
976
Style 
None
Interior Features
Appliances 
DryerDishwasherElectric RangeElectric Water HeaterDisposalMicrowaveRefrigeratorWasher
Cooling 
Electric
Flooring 
HardwoodTileWood
Heating 
Electric
Interior 
OtherElevator
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
View 
Garden
Waterview 
Garden
Community Features
Association Amenities 
Elevator(s)
Association Dues 
1456
Building Access 
3
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
42
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Nautilus
High School
Miami Beach
Listing courtesy of VantaSure Realty LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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