
945 Michigan Ave #5, Miami Beach, FL 33139
As of , this 2 bedroom, 2 bath condo at The Terrace is for sale at $599,000 ($614 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Condo
- Year built
- 2007
- HOA fee
- $1,456 / month
- Property tax
- $6,685 (2025)
- Parking
- 1 garage space
- View
- Garden
- Waterfront
- No
- Pets
- Pets allowed
- Cooling
- Electric
- Heating
- Electric
- MLS number
- A12029487
Listing information
Listing courtesy of VantaSure Realty LLC, 954-461-5734, Vantasurerealty@gmail.com
Listing agent: Mxim Madcedi, usarealtyflorida@gmail.com
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Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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 text above is the listing description from the MLS, as written by the listing agent.
The building
The TerraceAs of , The Terrace has 1 condo for sale. None are for rent right now. The median asking price is $614 per sq ft.See all units and prices in this buildingThe Miami Beach market
As of , the median asking price in Miami Beach is $649,000, or $684 per sq ft, across 1,949 listings for sale. The median listing for sale there has been on the market for 112 days.
Price and status history
- Listing date
- Days on market
- 140
- Original list price
- $599,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $599,000 |
From the MLS. RealVista does not show sold prices.



