1 month on rocket

642 Michigan Ave Unit 1, Miami Beach, FL, 33139

$275,000

Home List Price

$3,266*

Closing Credit

1 Bedroom
1 Full Bath
525 SqFt
$524/SqFt
Condo

Location

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642 Michigan Ave Unit 1, 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
ViewOther
MLS #A11683238
StatusActive

About 642 Michigan Ave Unit 1

Located on a peaceful tree-lined street with coveted easy parking, this South Beach gem keeps you moments from pristine beaches, vibrant dining, boutique shopping, grocery stores, banks, and parks. The in-unit washer/dryer adds modern convenience to your daily routine, while 6-month minimum rental flexibility offers excellent investment potential. Building improvements underway include new roof installation and 50-year certification, with special assessment fully paid at closing. Photos virtually staged to showcase the possibilities. Your perfect South Beach sanctuary awaits.

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment
  • Year Built: 1925
  • Living Area: 525 SqFt

Listing Office:

  • Office Name: Gary Hennes Realtors
  • Office Phone: (786) 546-2422
  • Listing Agent: Valerie Navarrete

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Convertible Bedroom, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Courtyard

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 642 Michigan Ave Unit 1
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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: $524/SqFt

HOA Fees:

  • Amount: $1114
  • 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

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

642 Michigan Ave Unit 1 vs Miami Beach

40 DAYS ON ROCKET

-57 Days

$275,000

-$342.5K Less

$524/SqFt

-$81 Less

KEY TAKEAWAY

This property is $342.5K less than the Median Sold Price and $81/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: #A11683238

Listing Office:

  • Office Name: Gary Hennes Realtors
  • Office Phone: (786) 546-2422
  • Listing Agent: Valerie Navarrete

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: 12/18/2024, 7:20:50 AM 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

$2,554

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-4448625
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-4448626
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-4448627
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.43 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 $17,054. The majority of Miami Beach, FL residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 642 Michigan Ave Unit 1

What is the listing price of this property?

The listing price of 642 Michigan Ave Unit 1 property is $275,000.

What type of property is this?

The property 642 Michigan Ave Unit 1 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 642 Michigan Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 642 Michigan Ave Unit 1 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 642 Michigan Ave Unit 1 is 525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 642 Michigan Ave Unit 1 is 1925.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›642 Michigan Ave Unit 1

This home is located at 642 Michigan Ave Unit 1 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 525 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $275,000.

In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. Between October 2024 and November 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 14.3%. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.

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

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