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  5. 557 Michigan Ave
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557 Michigan Ave

557 Michigan Ave, Miami Beach, FL, 33139

YEAR BUILT

1940

# STORIES

2

# TOTAL UNITS

17

UNIT SIZE RANGE

426-528 sqft

Description

557 Michigan Ave is located in Miami Beach, near the intersection of Collins Avenue and 15th Street. This low-rise building has 2 stories and offers a cozy setting in the well-known Art Deco District. The nearest water body is the Atlantic Ocean, adding value to the beach lifestyle in the area. The building consists of 17 units, each ranging from 426 to 528 square feet. Each unit has one bedroom and showcases a garden view. Construction was completed in 1940, giving the building a classic flair amidst modern developments. Unit prices vary between $270,000 and $275,000. This pricing allows for flexibility in choices within the building. The average price per square foot fits well within the local market. Residents spend time close to restaurants like El Palacio De Los Jugos and Editor Pizza. The nearby public school is Miami Beach Hispanic Community. Common amenities in the building include an enclosed gate for added security and laundry facilities on-site. Some units may come with hurricane impact windows, laminated wood floors, and stainless steel appliances, enhancing daily living. Walking distance to the beach and Lincoln Rd ensures access to local shops and dining options. The building's position in South Beach promotes an active lifestyle with numerous points of interest nearby. Overall, the location and layout provide a blend of comfort and community in a vibrant neighborhood.

Building ImageMLS ID #A2143412
Building ImageMLS ID #A2143412
Building ImageView Listing

557 Michigan Ave

557 Michigan Ave, Miami Beach, FL, 33139

YEAR BUILT

1940

# STORIES

2

# TOTAL UNITS

17

UNIT SIZE RANGE

426-528 sqft

Description

557 Michigan Ave is located in Miami Beach, near the intersection of Collins Avenue and 15th Street. This low-rise building has 2 stories and offers a cozy setting in the well-known Art Deco District. The nearest water body is the Atlantic Ocean, adding value to the beach lifestyle in the area. The building consists of 17 units, each ranging from 426 to 528 square feet. Each unit has one bedroom and showcases a garden view. Construction was completed in 1940, giving the building a classic flair amidst modern developments. Unit prices vary between $270,000 and $275,000. This pricing allows for flexibility in choices within the building. The average price per square foot fits well within the local market. Residents spend time close to restaurants like El Palacio De Los Jugos and Editor Pizza. The nearby public school is Miami Beach Hispanic Community. Common amenities in the building include an enclosed gate for added security and laundry facilities on-site. Some units may come with hurricane impact windows, laminated wood floors, and stainless steel appliances, enhancing daily living. Walking distance to the beach and Lincoln Rd ensures access to local shops and dining options. The building's position in South Beach promotes an active lifestyle with numerous points of interest nearby. Overall, the location and layout provide a blend of comfort and community in a vibrant neighborhood.

Next

Description

557 Michigan Ave is located in Miami Beach, near the intersection of Collins Avenue and 15th Street. This low-rise building has 2 stories and offers a cozy setting in the well-known Art Deco District. The nearest water body is the Atlantic Ocean, adding value to the beach lifestyle in the area. The building consists of 17 units, each ranging from 426 to 528 square feet. Each unit has one bedroom and showcases a garden view. Construction was completed in 1940, giving the building a classic flair amidst modern developments. Unit prices vary between $270,000 and $275,000. This pricing allows for flexibility in choices within the building. The average price per square foot fits well within the local market. Residents spend time close to restaurants like El Palacio De Los Jugos and Editor Pizza. The nearby public school is Miami Beach Hispanic Community. Common amenities in the building include an enclosed gate for added security and laundry facilities on-site. Some units may come with hurricane impact windows, laminated wood floors, and stainless steel appliances, enhancing daily living. Walking distance to the beach and Lincoln Rd ensures access to local shops and dining options. The building's position in South Beach promotes an active lifestyle with numerous points of interest nearby. Overall, the location and layout provide a blend of comfort and community in a vibrant neighborhood.

557 Michigan Ave Market Stats Last 12 months

Avg. Listed Price$235,000($552/Sqft.)

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
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.

For Sale 0 For Sale

557 Michigan Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 215215426111502022-06-24
MLS#: A11148500
Closed$225,000
Unit 224224509112342016-02-29
MLS#: A2143368
Closed$270,000
Unit 212212528114742015-05-05
MLS#: A1893824
Closed$275,000
Unit 212
212

1 Beds

1 Baths

528 sqft


DateStatusPrice
2015-05-05Closed$275,000
MLS#: A1893824
Days On Market474
Unit 215
215

1 Beds

1 Baths

426 sqft


DateStatusPrice
2022-06-24Closed$225,000
MLS#: A11148500
Days On Market150
Unit 224
224

1 Beds

1 Baths

509 sqft


DateStatusPrice
2016-02-29Closed$270,000
MLS#: A2143368
Days On Market234
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

While the specifics about additional amenities weren’t provided, the charm of living in a condo like 551/557 Michigan enhances everyday living. You'll appreciate the opportunity to build connections in a smaller community, a delightful benefit for those looking to mingle and create friendships. Plus, the low-key vibe makes for a relaxing environment after a long day at the beach or city explorations.

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Amenities Description

While the specifics about additional amenities weren’t provided, the charm of living in a condo like 551/557 Michigan enhances everyday living. You'll appreciate the opportunity to build connections in a smaller community, a delightful benefit for those looking to mingle and create friendships. Plus, the low-key vibe makes for a relaxing environment after a long day at the beach or city explorations.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking

Policies

As with any community, there are some building policies in place, which include various restrictions. These rules are in place to maintain the integrity and peaceful atmosphere of the building, ensuring that everyone can enjoy their homes to the fullest.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental 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 NameAvg price per square footAVG HOA FEE per square foot (Monthly)
557 Michigan Ave--
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.

Nearby Schools

Discover top-rated schools located close to 557 Michigan Ave.

South Pointe Elementary School

B
Public|Grades PK–5
1050 4th St|0.21 miles away

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|0.89 miles away

Fisher Island Day School

--
Private|Grades PK–8
2 Fisher Island Dr|1.14 miles away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.89 miles away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|2.15 miles away
Next

Schools

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|1.14 Miles Away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.89 Miles Away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|2.15 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

5 ST & MICHIGAN AV

0.09 miles away|2 min walk

5 ST & MERIDIAN AV

0.14 miles away|3 min walk

5 ST & LENOX AV

0.15 miles away|3 min walk

ALTON RD & 5 ST

0.18 miles away|4 min walk

ALTON RD & 4 ST

0.22 miles away|5 min walk

ALTON RD & 8 ST

0.28 miles away|6 min walk
Next

Transit

5 ST & MICHIGAN AV

0.09 miles away|2 min walk

5 ST & MERIDIAN AV

0.14 miles away|3 min walk

5 ST & LENOX AV

0.15 miles away|3 min walk

ALTON RD & 5 ST

0.18 miles away|4 min walk

ALTON RD & 4 ST

0.22 miles away|5 min walk

ALTON RD & 8 ST

0.28 miles away|6 min walk

ALTON RD & 2 ST

0.36 miles away|7 min walk

ALTON RD & 9 ST

0.37 miles away|8 min walk

ALTON RD & 10 ST

0.44 miles away|9 min walk

ALTON RD & 11 ST

0.53 miles away|11 min walk

SOUTH POINTE DR & WASHINGTON AV

0.59 miles away|12 min walk

ALTON RD & 13 ST

0.65 miles away|13 min walk

ALTON RD & 14 ST

0.78 miles away|15 min walk

MAC ARTHUR CY & TERMINAL ISLE

0.81 miles away|16 min walk

ALTON RD & 15 ST

0.94 miles away|19 min walk

MAC ARTHUR CY & BRIDGE RD

1.02 miles away|20 min walk

ALTON RD & LINCOLN RD

1.06 miles away|21 min walk

LINCOLN RD & WASHINGTON AV

1.25 miles away|24 min walk

Lincoln Rd @ James Ave

1.25 miles away|24 min walk

17 ST & JEFFERSON AV

1.27 miles away|25 min walk

ALTON RD & 17 ST

1.27 miles away|25 min walk

17 ST & LENOX AV

1.27 miles away|25 min walk

17 ST & MERIDIAN AV

1.28 miles away|25 min walk

17 ST & ALTON CT

1.28 miles away|25 min walk

17 ST & PENNSYLVANIA AV

1.29 miles away|25 min walk

17 ST & CONVENTION CENTER DR

1.31 miles away|26 min walk

PURDY AV @ DADE BLVD

1.33 miles away|26 min walk

17 ST & WASHINGTON AV

1.33 miles away|26 min walk

ALTON RD & DADE BD

1.35 miles away|26 min walk

VENETIAN WAY & E ISLAND AV

1.38 miles away|27 min walk

COLLINS AV & 17 ST

1.39 miles away|27 min walk

VENETIAN WY & E ISLAND AV

1.4 miles away|27 min walk

ALTON RD & 19 ST

1.47 miles away|29 min walk

COLLINS AV & 18 ST

1.52 miles away|30 min walk

20 ST & BAY RD

1.57 miles away|31 min walk

ALTON RD & N MICHIGAN AV

1.63 miles away|32 min walk

COLLINS AV & 20 ST

1.64 miles away|32 min walk

VENETIAN WY & E RIVO ALTO DR

1.66 miles away|32 min walk

COLLINS AV & 21 ST

1.74 miles away|34 min walk

COLLINS AV & 22 ST

1.8 miles away|35 min walk

ALTON RD & 21 ST

1.81 miles away|35 min walk

PARK AV @ 22 ST

1.83 miles away|35 min walk

MAC ARTHUR CY & OP FOUNTAIN ST

1.83 miles away|36 min walk

MAC ARTHUR CY & FOUNTAIN ST

1.84 miles away|36 min walk

VENETIAN WY & E DILIDO DR

1.85 miles away|36 min walk

Dade Blvd @ 23 St

1.86 miles away|36 min walk

COLLINS AV & 23 ST

1.95 miles away|38 min walk

ALTON RD & 23 ST

1.97 miles away|38 min walk

COLLINS AV & 24 ST

2.04 miles away|40 min walk

ALTON RD & 27 ST

2.2 miles away|43 min walk

The Neighbourhood: 557 Michigan Ave

South Beach, located in Miami-Dade County, FL, is a vibrant neighborhood famous for its stunning beaches, Art Deco architecture, and dynamic nightlife. Visitors and residents alike enjoy a plethora of dining and shopping options, ranging from high-end boutiques to local eateries. Cultural enthusiasts explore its renowned art galleries and museums, while outdoor lovers relish in water sports and sunbathing. The area boasts convenient transportation links, with easy access to public transit and major highways, making it an ideal locale for those seeking excitement and relaxation in equal measure.

Next

Neighbourhood Description

South Beach, located in Miami-Dade County, FL, is a vibrant neighborhood famous for its stunning beaches, Art Deco architecture, and dynamic nightlife. Visitors and residents alike enjoy a plethora of dining and shopping options, ranging from high-end boutiques to local eateries. Cultural enthusiasts explore its renowned art galleries and museums, while outdoor lovers relish in water sports and sunbathing. The area boasts convenient transportation links, with easy access to public transit and major highways, making it an ideal locale for those seeking excitement and relaxation in equal measure.

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557 Michigan Ave Demographics

Age Demographics

0–14 Years

10.16%

15–29 Years

19.56%

30–44 Years

34.5%

45–59 Years

19.16%

60+ Years

16.61%

Commute

7.4%

Transit

14.57%

Walk

44.4%

Drive

11.48%

Bike

Housing Ownership

22.84%

Owner Occupied

77.16%

Rental Units

Household Types

Single Family
13%
Multi Family
1.02%
Single Person
57.63%
Multi Person
42.37%

Average Income

Household:$5,907,985.51 /yr

Individual:$5,779,214.73 /yr

Education

Bachelors Degree29.44%
High School College16.01%
Diploma9.6%
Post Graduate20.6%
Others24.35%
Next

Education

Diploma9.6%
Post Graduate20.6%
Others24.35%
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    557 Michigan Ave
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North Bay VIllage, FL, 33141

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