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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 Key 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

Key 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

Situated in South Beach, 557 Michigan Ave is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

South Pointe Elementary School

B
Public|Grades PK–5
1050 4th St|0.19 miles away

Fienberg/Fisher K-8 Center

C+
Public|Grades PK–5
1420 Washington Av...|0.8 miles away

Fisher Island Day School

--
Private|Grades PK–8
2 Fisher Island Dr|1.03 miles away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.69 miles away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|1.93 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Situated in South Beach, 557 Michigan Ave is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

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|1.03 Miles Away

Miami Beach Senior High School

C+
Public|Grades 9–12
2231 Prairie Ave|1.69 Miles Away

Rasg Hebrew Academy

--
Private|Grades PK–12
2400 Pine Tree Dr|1.93 Miles Away

Transit

Located in a transit-friendly area of Miami Beach, 557 Michigan Ave provides easy access to nearby public transportation. Within a 2-mile radius, Bus support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

17 ST & ALTON CT

1.15 miles away|23 min walk

17 ST & CONVENTION CENTER DR

1.17 miles away|23 min walk

17 ST & JEFFERSON AV

1.13 miles away|22 min walk

17 ST & LENOX AV

1.14 miles away|22 min walk

17 ST & MERIDIAN AV

1.15 miles away|22 min walk

17 ST & PENNSYLVANIA AV

1.16 miles away|23 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in a transit-friendly area of Miami Beach, 557 Michigan Ave provides easy access to nearby public transportation. Within a 2-mile radius, Bus support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

17 ST & ALTON CT

1.15 miles away|23 min walk

17 ST & CONVENTION CENTER DR

1.17 miles away|23 min walk

17 ST & JEFFERSON AV

1.13 miles away|22 min walk

17 ST & LENOX AV

1.14 miles away|22 min walk

17 ST & MERIDIAN AV

1.15 miles away|22 min walk

17 ST & PENNSYLVANIA AV

1.16 miles away|23 min walk

17 ST & WASHINGTON AV

1.19 miles away|23 min walk

20 ST & BAY RD

1.41 miles away|28 min walk

5 ST & LENOX AV

0.14 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

0.39 miles away|8 min walk

ALTON RD & 11 ST

0.47 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

0.84 miles away|17 min walk

ALTON RD & 17 ST

1.13 miles away|22 min walk

ALTON RD & 19 ST

1.32 miles away|26 min walk

ALTON RD & 21 ST

1.62 miles away|32 min walk

ALTON RD & 23 ST

1.76 miles away|34 min walk

ALTON RD & 27 ST

1.97 miles away|38 min walk

ALTON RD & 2 ST

0.32 miles away|7 min walk

ALTON RD & 4 ST

0.2 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

0.33 miles away|7 min walk

ALTON RD & DADE BD

1.21 miles away|24 min walk

ALTON RD & LINCOLN RD

0.95 miles away|19 min walk

ALTON RD & N MICHIGAN AV

1.46 miles away|28 min walk

COLLINS AV & 17 ST

1.25 miles away|24 min walk

COLLINS AV & 18 ST

1.36 miles away|27 min walk

COLLINS AV & 20 ST

1.47 miles away|29 min walk

COLLINS AV & 21 ST

1.56 miles away|30 min walk

COLLINS AV & 22 ST

1.61 miles away|31 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|32 min walk

Lincoln Rd @ James Ave

1.12 miles away|22 min walk

LINCOLN RD & WASHINGTON AV

1.12 miles away|22 min walk

MAC ARTHUR CY & BRIDGE RD

0.92 miles away|18 min walk

MAC ARTHUR CY & FOUNTAIN ST

1.65 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|15 min walk

PARK AV @ 22 ST

1.64 miles away|32 min walk

PURDY AV @ DADE BLVD

1.19 miles away|23 min walk

SOUTH POINTE DR & WASHINGTON AV

0.53 miles away|11 min walk

VENETIAN WAY & E ISLAND AV

1.24 miles away|24 min walk

VENETIAN WY & E DILIDO DR

1.66 miles away|32 min walk

VENETIAN WY & E ISLAND AV

1.25 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.

Next

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.

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557 Michigan Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.16% are children aged 0–14, 19.56% are young adults between 15–29, 34.5% are adults aged 30–44, 19.16% are in the 45–59 range and 16.61% are seniors aged 60 and above. Commuting options are also varying where 44.4% of residents relying on driving, while others prefer public transit around 7.4%, walking around 14.57%, biking around 11.48%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 77.16% of units are rented and 22.84% are owner occupied. The neighborhood offers different household types. About 13% are single family homes and 1.02% are multi family units. Around 57.63% are single-person households, while 42.37% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 29.44% of residents have bachelor’s degrees. Around 16.01% have high school or college education. Another 9.6% hold diplomas while 20.6% have completed postgraduate studies. The remaining are 24.35% with other types of qualifications.

Next

Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.16% are children aged 0–14, 19.56% are young adults between 15–29, 34.5% are adults aged 30–44, 19.16% are in the 45–59 range and 16.61% are seniors aged 60 and above. Commuting options are also varying where 44.4% of residents relying on driving, while others prefer public transit around 7.4%, walking around 14.57%, biking around 11.48%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 77.16% of units are rented and 22.84% are owner occupied. The neighborhood offers different household types. About 13% are single family homes and 1.02% are multi family units. Around 57.63% are single-person households, while 42.37% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 29.44% of residents have bachelor’s degrees. Around 16.01% have high school or college education. Another 9.6% hold diplomas while 20.6% have completed postgraduate studies. The remaining are 24.35% with other types of qualifications.

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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  1. Home
  2. /Miami Beach, FL
  3. /
    557 Michigan Ave
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ZIP Codes
330263303333039
3305433071331253312933138331423316533184331913333233334334063342633432334333347033476
Community
1 Hotel and Homes South Beach100 Continuum on South Beach101 Bay Harbor
1010 Brickell1120 Bay Breeze1215 On West Avenue Condominiums1218 Drexel Condominiums2600 Lake Beach Club2Midtown321 Ocean360 Condominiums500 Brickell6000 Indian Creek61 Condo801 Meridian AveAbitareAquaAqua MarineAquasolArcadia House Condominiums
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