new - 7 days on rocket

1559 Michigan Ave Unit 104, Miami Beach, FL, 33139

$275,000

Home List Price

$3,266*

Closing Credit

1 Bedroom
1 Full Bath
526 SqFt
$523/SqFt
Condo

Location

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1559 Michigan Ave Unit 104, Miami Beach$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1925
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11703238
StatusActive

About 1559 Michigan Ave Unit 104

Cozy one bedroom apartment in the heart of South Beach! Walking distance to Lincoln Road, Beach, Flamingo Park, Ocean Drive and West Avenue. Remodeled kitchen with stainless steel appliances and granite countertops. Laundry room on the same floor as the unit. Great investment property, with tenants that love the unit. *BUILDING HAS FULL RESERVES - APPROVED FOR FINANCING* TENANT-OCCUPIED, 24 hour notice required. Rented until March 2025.

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment, Spanish/Mediterranean
  • Year Built: 1925
  • Living Area: 526 SqFt

Listing Office:

  • Office Name: Cardenas Larocca Real Estate LLC
  • Office Phone: (305) 510-1679
  • Listing Agent: Carlos Larocca

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, Eat-in Kitchen, First Floor Entry, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Courtyard

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1559 Michigan Ave Unit 104
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $523/SqFt

HOA Fees:

  • Amount: $571
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

1559 Michigan Ave Unit 104 vs Miami Beach

7 DAYS ON ROCKET

-90 Days

$275,000

-$342.5K Less

$523/SqFt

-$82 Less

KEY TAKEAWAY

This property is $342.5K less than the Median Sold Price and $82/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11703238

Listing Office:

  • Office Name: Cardenas Larocca Real Estate LLC
  • Office Phone: (305) 510-1679
  • Listing Agent: Carlos Larocca

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1758887
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-1758888
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-1758889
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,414. Residents of Miami Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1559 Michigan Ave Unit 104

What is the listing price of this property?

The listing price of 1559 Michigan Ave Unit 104 property is $275,000.

What type of property is this?

The property 1559 Michigan Ave Unit 104 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1559 Michigan Ave Unit 104 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1559 Michigan Ave Unit 104 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1559 Michigan Ave Unit 104 is 526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1559 Michigan Ave Unit 104 is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391559 Michigan Ave Unit 104

This home is located at 1559 Michigan Ave Unit 104 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 526 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $275,000.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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