945 Michigan #5, Miami Beach, FL 33139

Local realty services provided by:CENTURY 21 Move With Us
945 Michigan #5,Miami Beach, FL 33139
$599,000
  • 2 Beds
  • 2 Baths
  • 976 sq. ft.
  • Condominium
  • Active
Listed by: mxim madcedi
Office: vantasure realty llc.
MLS#:A12029487
Source:FL_RAMC

Price summary

  • Price:$599,000
  • Price per sq. ft.:$613.73

About this home

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 windo

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Home facts

  • Year built:2007
  • Subdivision & Development:THE TERRACE CONDO
  • Listing ID #:A12029487
  • Added:12 day(s) ago
  • Updated:September 13, 2026 at 03:37 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Living area:976 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:2007
  • Building area:976 sq. ft.
  • Construction Materials:Block, Concrete
  • Exterior Features:Balcony, Open

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$613.73
  • Tax amount:$6,685 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Some Electric Appliances, Washer, Water Heater
  • Laundry features:Dryer, Washer
  • Amenities:Elevators, Phone Entry, Smoke Detectors

Parking

  • Total parking spaces:1
  • Parking description:Attached, Covered, Garage, Garage Door Opener
  • Garage:Yes
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