Active Listings
For Sale (1)
$1.5M
Unit 12 bd3 ba1,456 sf
$1030/SF58 DOM
For Rent (1)
$2K
Unit 2211 bd1 ba521 sf
$5/SF9 DOM
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What we cover
551 Michigan Ave, Miami Beach 33139
1945
Year Built
10
Units
1
For Sale
$1.5M
Avg Price
$1,030
Sale $/SF
1
For Rent
$2,400
Avg Rent
$4.61
Rent $/SF
+50.0%
YoY
For Sale
1
For Rent
1
Investor-Owned
90%
Avg HOA
$1,994/mo
Address
551 Michigan Ave, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1945
Total Units
10
Avg Unit Sqft
495 SF
Tier
Luxury
Avg $/SF
$1,030.22
Avg Rent
$2,400/mo
Rent $/SF
$4.61/SF
HOA Range
$1,994 – $1,994
Neighborhood Rank
Top 6%
Avg Unit Value
$189K
Total Sales (All-Time)
26
Sale Price Trend ($/SF)
$552
Rental Price Trend ($/SF)
$3.84
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (1)
$1.5M
Unit 1For Rent (1)
$2K
Unit 221Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Sep 17, 2025 | $235K | $551.64 | 1/1 | 426 |
| Nov 13, 2024 | $265K | $508.64 | 1/1 | 521 |
| Nov 6, 2024 | $265K | $508.64 | 1/1 | 521 |
| May 15, 2023 | $1.1M | $751.37 | 2/— | 1,464 |
| Feb 28, 2023 | $285K | $565.48 | 1/1 | 504 |
| Dec 15, 2021 | $280K | — | 1/1 | — |
| Nov 30, 2021 | $280K | $537.43 | 1/1 | 521 |
| Apr 5, 2021 | $170K | $337.3 | 1/1 | 504 |
| Oct 20, 2020 | $188K | $372.02 | 1/1 | 504 |
| Sep 30, 2020 | $180K | $357.14 | 1/1 | 504 |
Total Units
10
Avg Sqft
495 SF
Avg Assessed
$189K
Owner-Occupied
10%
Tax & Ownership
Investor-Owned
90%
Owner-Occupied
10%
Avg Assessed Value
$189K
Avg Taxable Value
$184K
Effective Year Built
1945
Zoning
0000
Unit Mix
Avg 495 SF
Unit Directory
10 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 121 | 1 | 1 | 521 | $193K | — | $265K | $509 | Nov 2024 |
| 122 | 1 | 1 | 521 | $193K | — | $265K | $509 | May 2015 |
| 123 | 1 | 1 | 504 | $188K | — | $285K | $565 | Feb 2023 |
| 124 | 1 | 1 | 504 | $188K | — | $170K | $337 | Apr 2021 |
| 125 | 1 | 1 | 426 | $184K | — | $245K | $575 | May 2016 |
| 221 | 1 | 1 | 521 | $193K | — | $280K | $537 | Nov 2021 |
| 222 | 1 | 1 | 521 | $193K | — | $320K | $614 | May 2015 |
| 223 | 1 | 1 | 504 | $188K | ✓ | $188K | $372 | Oct 2020 |
| 224 | 1 | 1 | 504 | $188K | — | $270K | $536 | Feb 2016 |
| 225 | 1 | 1 | 426 | $184K | — | $210K | $493 | Nov 2016 |
Top Agents in This Building
Top Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
 EWM Realty International | 1 | 1 | $235K |
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Neighborhood
South Beach →
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Building Snapshot
