5 months on rocket

1616 Michigan Ave Unit 4, Miami Beach, FL, 33139

$300,000

Home List Price

$3,563*

Closing Credit

1 Bedroom
1 Full Bath
630 SqFt
$476/SqFt
Condo

Location

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1616 Michigan Ave Unit 4, Miami Beach$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingStreet
Year Built1940
HeatingNone
CoolingWindow Unit(s)
WaterfrontNone
MLS #RX-10994732
StatusActive

About 1616 Michigan Ave Unit 4

Cozy one bedroom, one bath condo ideally located in South Beach, just steps away from the vibrant Lincoln Road. Enjoy the convenience of being walking distance to premier shopping destinations and the sandy shores of the beach. This charming unit boasts a comfortable living space, perfect for relaxing after a day of exploring the bustling neighborhood. Don't miss out on this opportunity to experience the best of South Beach living!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2
  • Living Area: 630 SqFt

Listing Office:

  • Office Name: Castelli Real Estate Services
  • Office Phone: (954) 563-9889
  • Listing Agent: Eyal Elkayam

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Ceramic Tile, Wood Floor
  • Interior: Built-in Shelves, Closet Cabinets, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence

Parking Information:

  • Parking: Street

Virtual/3D Tour

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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $476/SqFt

HOA Fees:

  • Amount: $551
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1616 Michigan Ave Unit 4 vs Miami Beach

169 DAYS ON ROCKET

+68 Days

$300,000

-$304.5K Less

$476/SqFt

-$125 Less

KEY TAKEAWAY

This property is $304.5K less than the Median Sold Price and $125/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10994732

Listing Office:

  • Office Name: Castelli Real Estate Services
  • Office Phone: (954) 563-9889
  • Listing Agent: Eyal Elkayam

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 11:20:48 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

$2,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-1522749
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1522750
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-1522751
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.77 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. Most Miami Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Michigan Ave Unit 4

What is the listing price of this property?

The listing price of 1616 Michigan Ave Unit 4 property is $300,000.

What type of property is this?

The property 1616 Michigan Ave Unit 4 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1616 Michigan Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1616 Michigan Ave Unit 4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1616 Michigan Ave Unit 4 is 630 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 Michigan Ave Unit 4 is 1940.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1616 Michigan Ave Unit 4

This home is located at 1616 Michigan Ave Unit 4 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 630 square foot home was built in 1940. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 09, 2024 and is currently priced at $300,000.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. 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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