12 days on rocket

245 Michigan Ave Unit Lp-8, Miami Beach, FL, 33139

$1,290,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,444 SqFt
$893/SqFt
Condo

Location

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245 Michigan Ave Unit Lp-8, Miami Beach$1,290,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Space, Garage Door Opener
Attached Garage1 space
Year Built2004
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11689692
StatusActive

About 245 Michigan Ave Unit Lp-8

This stunning penthouse unit is a split-level, 2 bedrooms, 2 bathrooms loft designed by acclaimed architect Kobi Karp in the exclusive Absolut Lofts Building. Located in the heart of the sought-after South of Fifth (SoFi) area, this residence is within distance to the beach area's top restaurants. Enjoy a rooftop terrace with panoramic views of Miami Beach, perfect for relaxing or entertaining while immersed in the vibrant city lifestyle. This unique home combines modern style with the ultimate Miami Beach experience.

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 2004
  • Living Area: 1,444 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 361-5600
  • Listing Agent: Cristina Preti

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Parquet
  • Interior: Bidet, Living/Dining Room, Tub Shower, Upper Level Primary, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Space, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 245 Michigan Ave Unit Lp-8
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,290,000
  • Price Per SqFt: $893/SqFt

HOA Fees:

  • Amount: $921
  • 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

245 Michigan Ave Unit Lp-8 vs Miami Beach

12 DAYS ON ROCKET

-89 Days

$1,290,000

+$685.4K More

$893/SqFt

+$292 More

KEY TAKEAWAY

This property is $685.4K more than the Median Sold Price and $292/SqFt more 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: #A11689692

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 361-5600
  • Listing Agent: Cristina Preti

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: 11/21/2024, 6:20:48 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

$7,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,934

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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-384063
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-384064
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-384065
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.55 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,786. Typical income of Miami Beach, FL residents is $200k+ annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Michigan Ave Unit Lp-8

What is the listing price of this property?

The listing price of 245 Michigan Ave Unit Lp-8 property is $1,290,000.

What type of property is this?

The property 245 Michigan Ave Unit Lp-8 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 245 Michigan Ave Unit Lp-8 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 245 Michigan Ave Unit Lp-8 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 245 Michigan Ave Unit Lp-8 is 1,444 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Michigan Ave Unit Lp-8 is 2004.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›245 Michigan Ave Unit Lp-8

This home is located at 245 Michigan Ave Unit Lp-8 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 1,444 square foot home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $1,290,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.

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

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