1 month on rocket

1610 Michigan Ave Unit 7, Miami Beach, FL, 33139

$275,000

Home List Price

$3,266*

Closing Credit

1 Bedroom
1 Full Bath
610 SqFt
$451/SqFt
Condo

Location

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1610 Michigan Ave Unit 7, Miami Beach$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1940
HeatingNone
CoolingWall/Window Unit(s)
ViewGarden
MLS #A11650226
StatusActive

About 1610 Michigan Ave Unit 7

Prime South Beach Investment Opportunity: Art Deco Gem. Perfectly positioned just steps from Lincoln Road. This spacious residence offers an ideal space for entertaining, with a versatile dining area that complements the bright, airy ambiance of the home. Situated on the 2nd floor of a charming boutique building, this furnished unit has a modern kitchen, on-site laundry facilities and ample closet space. Investors will appreciate the property’s proximity to an array of top-tier restaurants, chic boutiques, cultural theaters, etc.—everything South Beach has to offer is right at your doorstep. Please note, this property is currently rented and ideal for those seeking a stable investment opportunity rather than short-term rental. Rented to long term tenant for $2250/m till April 2025

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1940
  • Living Area: 610 SqFt

Listing Office:

  • Office Name: Keller Williams Miami Beach Realty
  • Office Phone: (305) 695-1112
  • Listing Agent: Paula Flores

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, First Floor Entry, Main Living Area Entry Level, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: None

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1610 Michigan Ave Unit 7
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $451/SqFt

HOA Fees:

  • Amount: $595
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami Beach, FL

City

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1610 Michigan Ave Unit 7 vs Miami Beach

57 DAYS ON ROCKET

-44 Days

$275,000

-$329.5K Less

$451/SqFt

-$150 Less

KEY TAKEAWAY

This property is $329.5K less than the Median Sold Price and $150/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: #A11650226

Listing Office:

  • Office Name: Keller Williams Miami Beach Realty
  • Office Phone: (305) 695-1112
  • Listing Agent: Paula Flores

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: 11/24/2024, 1:20:48 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

$2,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

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-1157070
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1157071
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-1157072
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,414. The most common annual income of people living in Miami Beach, FL is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1610 Michigan Ave Unit 7

What is the listing price of this property?

The listing price of 1610 Michigan Ave Unit 7 property is $275,000.

What type of property is this?

The property 1610 Michigan Ave Unit 7 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1610 Michigan Ave Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1610 Michigan Ave Unit 7 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1610 Michigan Ave Unit 7 is 610 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1610 Michigan Ave Unit 7 is 1940.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1610 Michigan Ave Unit 7

This home is located at 1610 Michigan Ave Unit 7 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 610 square foot home was built in 1940. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $275,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.

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

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