551 Michigan Ave sits in Miami Beach, at the intersection of Collins Avenue and 15th Street. The building is close to the Atlantic Ocean, providing a backdrop of coastal beauty. South Beach is nearby, placing restaurants and parks within a short distance. Lincoln Road, known for shopping and dining, is also just minutes away.
The low-rise building has 2 stories and contains 15 condominium units. Completed in 1945, the structure features a garden view that enhances the living experience. Unit sizes range from 426 to 528 square feet. Each unit has 1 bedroom, making them ideal for singles or couples.
Prices for the units range from $285,000 to $320,000, with an average sold price of about $235,000. The average price per square foot is $552. Units have spent around 397 days on the market recently, reflecting a variety of buyer interest. This suggests that the pricing may prompt offers as market conditions shift.
Amenities include on-site laundry facilities for added convenience. Hurricane windows and stainless steel appliances throughout enhance the livability of the residences. Some units may have open-concept layouts, corner placements, and laminate floors, appealing to different style preferences.
Living here provides easy access to local eateries like El Palacio De Los Jugos and Editor Pizza. Additionally, the neighborhood houses the Miami Beach Hispanic Community public school. This location balances residential comfort with city vibrancy, making it attractive for those seeking a community feel close to the beach.
551 Michigan Ave sits in Miami Beach, at the intersection of Collins Avenue and 15th Street. The building is close to the Atlantic Ocean, providing a backdrop of coastal beauty. South Beach is nearby, placing restaurants and parks within a short distance. Lincoln Road, known for shopping and dining, is also just minutes away.
The low-rise building has 2 stories and contains 15 condominium units. Completed in 1945, the structure features a garden view that enhances the living experience. Unit sizes range from 426 to 528 square feet. Each unit has 1 bedroom, making them ideal for singles or couples.
Prices for the units range from $285,000 to $320,000, with an average sold price of about $235,000. The average price per square foot is $552. Units have spent around 397 days on the market recently, reflecting a variety of buyer interest. This suggests that the pricing may prompt offers as market conditions shift.
Amenities include on-site laundry facilities for added convenience. Hurricane windows and stainless steel appliances throughout enhance the livability of the residences. Some units may have open-concept layouts, corner placements, and laminate floors, appealing to different style preferences.
Living here provides easy access to local eateries like El Palacio De Los Jugos and Editor Pizza. Additionally, the neighborhood houses the Miami Beach Hispanic Community public school. This location balances residential comfort with city vibrancy, making it attractive for those seeking a community feel close to the beach.
Description
551 Michigan Ave sits in Miami Beach, at the intersection of Collins Avenue and 15th Street. The building is close to the Atlantic Ocean, providing a backdrop of coastal beauty. South Beach is nearby, placing restaurants and parks within a short distance. Lincoln Road, known for shopping and dining, is also just minutes away.
The low-rise building has 2 stories and contains 15 condominium units. Completed in 1945, the structure features a garden view that enhances the living experience. Unit sizes range from 426 to 528 square feet. Each unit has 1 bedroom, making them ideal for singles or couples.
Prices for the units range from $285,000 to $320,000, with an average sold price of about $235,000. The average price per square foot is $552. Units have spent around 397 days on the market recently, reflecting a variety of buyer interest. This suggests that the pricing may prompt offers as market conditions shift.
Amenities include on-site laundry facilities for added convenience. Hurricane windows and stainless steel appliances throughout enhance the livability of the residences. Some units may have open-concept layouts, corner placements, and laminate floors, appealing to different style preferences.
Living here provides easy access to local eateries like El Palacio De Los Jugos and Editor Pizza. Additionally, the neighborhood houses the Miami Beach Hispanic Community public school. This location balances residential comfort with city vibrancy, making it attractive for those seeking a community feel close to the beach.
551 Michigan Ave Key Stats Last 12 months
Avg. Listed Price-
Avg. Sale Price$235,000($552/Sqft.)
Year over year list price0.00%
Year over year sale price11.32%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market397 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price0.00%
Year over year sale price11.32%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market397 days
Average HOA fees per sqft$1 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Low
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Low
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
When it comes to amenities, 551/557 Michigan Condo keeps it simple yet essential. The building provides laundry facilities, which is a huge plus for those chaotic days when you just need fresh linens and clean clothes. Plus, the community setting enhances the convenience of daily living, as everything you need is close to home. Imagine the joyful moments of meeting your neighbors while doing laundry!
Amenities Description
When it comes to amenities, 551/557 Michigan Condo keeps it simple yet essential. The building provides laundry facilities, which is a huge plus for those chaotic days when you just need fresh linens and clean clothes. Plus, the community setting enhances the convenience of daily living, as everything you need is close to home. Imagine the joyful moments of meeting your neighbors while doing laundry!
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Bike Storage
Fire Alarm
Laundry
Balcony
Smoke Detector(s)
Policies
Like any smart homeowners association, the building has some restrictions in place, welcoming you to a peaceful living atmosphere without the chaos. While these policies maintain order, they also foster a sense of community where you can feel safe and secure. It’s always good to be aware of the rules to harmonize your life with your neighbors right from the start.
Amenities Description
Like any smart homeowners association, the building has some restrictions in place, welcoming you to a peaceful living atmosphere without the chaos. While these policies maintain order, they also foster a sense of community where you can feel safe and secure. It’s always good to be aware of the rules to harmonize your life with your neighbors right from the start.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
551 Michigan Ave
$552/sqft.
$1 /sqft.
645 Michigan Ave
$1,002/sqft.
$2 /sqft.
642 Michigan Ave
$464/sqft.
$1 /sqft.
631 Jefferson Ave
$363/sqft.
$1 /sqft.
528 Meridian Ave
$565/sqft.
$2 /sqft.
1001 7th St
$389/sqft.
$1 /sqft.
Nearby Schools
551 Michigan Ave is located in a school-accessible area of South Beach, Miami Beach. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|0.18 miles away
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|0.81 miles away
Fisher Island Day School
--
Private|Grades PK–8
2 Fisher Island Dr|1.02 miles away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.7 miles away
Rasg Hebrew Academy
--
Private|Grades PK–12
2400 Pine Tree Dr|1.93 miles away
Schools
What to know about schools
Description
551 Michigan Ave is located in a school-accessible area of South Beach, Miami Beach. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|Less than 1 Mile Away
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|Less than 1 Mile Away
Fisher Island Day School
--
Private|Grades PK–8
2 Fisher Island Dr|1.02 Miles Away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.70 Miles Away
Rasg Hebrew Academy
--
Private|Grades PK–12
2400 Pine Tree Dr|1.93 Miles Away
Transit
Set in South Beach, 551 Michigan Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
17 ST & ALTON CT
1.16 miles away|23 min walk
17 ST & CONVENTION CENTER DR
1.18 miles away|23 min walk
17 ST & JEFFERSON AV
1.14 miles away|22 min walk
17 ST & LENOX AV
1.14 miles away|22 min walk
17 ST & MERIDIAN AV
1.15 miles away|23 min walk
17 ST & PENNSYLVANIA AV
1.16 miles away|23 min walk
Transit
What to know about transit
Description
Set in South Beach, 551 Michigan Ave provides residents with convenient access to public transit across Miami Beach. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
17 ST & ALTON CT
1.16 miles away|23 min walk
17 ST & CONVENTION CENTER DR
1.18 miles away|23 min walk
17 ST & JEFFERSON AV
1.14 miles away|22 min walk
17 ST & LENOX AV
1.14 miles away|22 min walk
17 ST & MERIDIAN AV
1.15 miles away|23 min walk
17 ST & PENNSYLVANIA AV
1.16 miles away|23 min walk
17 ST & WASHINGTON AV
1.2 miles away|23 min walk
20 ST & BAY RD
1.42 miles away|28 min walk
5 ST & LENOX AV
0.13 miles away|3 min walk
5 ST & MERIDIAN AV
0.12 miles away|3 min walk
5 ST & MICHIGAN AV
0.08 miles away|2 min walk
ALTON RD & 10 ST
0.4 miles away|8 min walk
ALTON RD & 11 ST
0.48 miles away|10 min walk
ALTON RD & 13 ST
0.59 miles away|12 min walk
ALTON RD & 14 ST
0.7 miles away|14 min walk
ALTON RD & 15 ST
0.85 miles away|17 min walk
ALTON RD & 17 ST
1.14 miles away|22 min walk
ALTON RD & 19 ST
1.33 miles away|26 min walk
ALTON RD & 21 ST
1.63 miles away|32 min walk
ALTON RD & 23 ST
1.77 miles away|34 min walk
ALTON RD & 27 ST
1.98 miles away|38 min walk
ALTON RD & 2 ST
0.32 miles away|7 min walk
ALTON RD & 4 ST
0.19 miles away|4 min walk
ALTON RD & 5 ST
0.16 miles away|4 min walk
ALTON RD & 8 ST
0.26 miles away|5 min walk
ALTON RD & 9 ST
0.34 miles away|7 min walk
ALTON RD & DADE BD
1.22 miles away|24 min walk
ALTON RD & LINCOLN RD
0.96 miles away|19 min walk
ALTON RD & N MICHIGAN AV
1.46 miles away|29 min walk
COLLINS AV & 17 ST
1.26 miles away|25 min walk
COLLINS AV & 18 ST
1.37 miles away|27 min walk
COLLINS AV & 20 ST
1.48 miles away|29 min walk
COLLINS AV & 21 ST
1.56 miles away|30 min walk
COLLINS AV & 22 ST
1.62 miles away|32 min walk
COLLINS AV & 23 ST
1.75 miles away|34 min walk
COLLINS AV & 24 ST
1.83 miles away|36 min walk
Dade Blvd @ 23 St
1.67 miles away|33 min walk
Lincoln Rd @ James Ave
1.13 miles away|22 min walk
LINCOLN RD & WASHINGTON AV
1.13 miles away|22 min walk
MAC ARTHUR CY & BRIDGE RD
0.92 miles away|18 min walk
MAC ARTHUR CY & FOUNTAIN ST
1.66 miles away|32 min walk
MAC ARTHUR CY & OP FOUNTAIN ST
1.65 miles away|32 min walk
MAC ARTHUR CY & TERMINAL ISLE
0.73 miles away|14 min walk
PARK AV @ 22 ST
1.64 miles away|32 min walk
PURDY AV @ DADE BLVD
1.2 miles away|23 min walk
SOUTH POINTE DR & WASHINGTON AV
0.52 miles away|11 min walk
VENETIAN WAY & E ISLAND AV
1.24 miles away|24 min walk
VENETIAN WY & E DILIDO DR
1.67 miles away|32 min walk
VENETIAN WY & E ISLAND AV
1.26 miles away|25 min walk
VENETIAN WY & E RIVO ALTO DR
1.49 miles away|29 min walk
The Neighbourhood: South Beach
South Beach sits on a barrier island and draws visitors for its beaches and architecture. Lummus Park and South Pointe Park provide wide sand, palms, and paths for walking and people-watching. Miami Beach Boardwalk stretches along the shore and links several blocks. Art Deco Historic District shows 1920s and 1930s hotel fronts and attracts fans. Joe's Stone Crab and Big Pink serve seafood and meals. Nikki Beach and Yardbird offer outdoor dining and music. Mango's Tropical Cafe and The Palace draw evening crowds with live shows and DJs. Mac's Club Deuce remains a long-running bar that people visit late at night. Jungle Island sits nearby and presents animal exhibits and seasonal events. Miami Beach Trolley and Metrobus serve local transit routes and connect this district to greater Miami. Pedestrians and cyclists use wide sidewalks and bike lanes during day and evening hours. Small shops, art galleries, and hotels fill many blocks near the waterfront. Beach festivals and outdoor fitness classes occupy public spaces in summer months. Census data show that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
Neighbourhood Description
South Beach sits on a barrier island and draws visitors for its beaches and architecture. Lummus Park and South Pointe Park provide wide sand, palms, and paths for walking and people-watching. Miami Beach Boardwalk stretches along the shore and links several blocks. Art Deco Historic District shows 1920s and 1930s hotel fronts and attracts fans. Joe's Stone Crab and Big Pink serve seafood and meals. Nikki Beach and Yardbird offer outdoor dining and music. Mango's Tropical Cafe and The Palace draw evening crowds with live shows and DJs. Mac's Club Deuce remains a long-running bar that people visit late at night. Jungle Island sits nearby and presents animal exhibits and seasonal events. Miami Beach Trolley and Metrobus serve local transit routes and connect this district to greater Miami. Pedestrians and cyclists use wide sidewalks and bike lanes during day and evening hours. Small shops, art galleries, and hotels fill many blocks near the waterfront. Beach festivals and outdoor fitness classes occupy public spaces in summer months. Census data show that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.17% are children aged 0–14, 19.56% are young adults between 15–29, 34.46% are adults aged 30–44, 19.16% are in the 45–59 range and 16.65% are seniors aged 60 and above.
Commuting options are also varying where 44.42% of residents relying on driving, while others prefer public transit around 7.41%, walking around 14.55%, biking around 11.5%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 77.13% of units are rented and 22.87% are owner occupied.
The neighborhood offers different household types. About 13% are single family homes and 1.02% are multi family units. Around 57.62% are single-person households, while 42.38% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 29.42% of residents have bachelor’s degrees. Around 16.02% have high school or college education. Another 9.57% hold diplomas while 20.62% have completed postgraduate studies. The remaining are 24.37% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.17% are children aged 0–14, 19.56% are young adults between 15–29, 34.46% are adults aged 30–44, 19.16% are in the 45–59 range and 16.65% are seniors aged 60 and above.
Commuting options are also varying where 44.42% of residents relying on driving, while others prefer public transit around 7.41%, walking around 14.55%, biking around 11.5%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 77.13% of units are rented and 22.87% are owner occupied.
The neighborhood offers different household types. About 13% are single family homes and 1.02% are multi family units. Around 57.62% are single-person households, while 42.38% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 29.42% of residents have bachelor’s degrees. Around 16.02% have high school or college education. Another 9.57% hold diplomas while 20.62% have completed postgraduate studies. The remaining are 24.37% with other types of qualifications.
Age Demographics
0–14 Years
10.17%
15–29 Years
19.56%
30–44 Years
34.46%
45–59 Years
19.16%
60+ Years
16.65%
Commute
7.41%
Transit
14.55%
Walk
44.42%
Drive
11.5%
Bike
Housing Ownership
22.87%
Owner Occupied
77.13%
Rental Units
Household Types
Single Family
13%
Multi Family
1.02%
Single Person
57.62%
Multi Person
42.38%
Average Income
Household:$5,910,198.34 /yr
Individual:$5,784,646.97 /yr
Education
Bachelors Degree29.42%
High School College16.02%
Diploma9.57%
Post Graduate20.62%
Others24.37%
Education
Diploma9.57%
Post Graduate20.62%
Others24.37%
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