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557 MICHIGAN AVE, Miami Beach 33139
1945
Year Built
10
Units
2
For Sale
$283K
Avg Price
$593
Sale $/SF
3
For Rent
$2,200
Avg Rent
$4.22
Rent $/SF
+50.0%
YoY
For Sale
2
For Rent
3
Investor-Owned
100%
Avg HOA
$581/mo
Address
557 MICHIGAN AVE, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1945
Total Units
10
Avg Unit Sqft
495 SF
Tier
Premium
Avg $/SF
$592.52
Avg Rent
$2,200/mo
Rent $/SF
$4.22/SF
HOA Range
$581 – $581
Neighborhood Rank
Top 13%
Avg Unit Value
$189K
Total Sales (All-Time)
20
Sale Price Trend ($/SF)
$593
Rental Price Trend ($/SF)
$4.58
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (2)

$235K

$330K
Unit 211 W/PARKINGFor Rent (3)

$2K
Unit 113
$2K
Unit 111
$2K
Unit 111Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Jul 8, 2024 | $208K | $412.7 | 1/1 | 504 |
| Jun 20, 2023 | $320K | $614.2 | 1/— | 521 |
| Jun 19, 2023 | $320K | $614.2 | 1/1 | 521 |
| Jun 24, 2022 | $225K | $528.17 | 1/1 | 426 |
| May 7, 2020 | $197K | $390.87 | 1/1 | 504 |
| Feb 18, 2020 | $190K | $364.68 | 1/1 | 521 |
| Dec 20, 2019 | $160K | $375.59 | 1/1 | 426 |
| Dec 13, 2019 | $197K | $390.87 | 1/1 | 504 |
| Aug 23, 2018 | $170K | $337.3 | 1/1 | 504 |
| May 18, 2015 | $310K | $595.01 | 1/1 | 521 |
Total Units
10
Avg Sqft
495 SF
Avg Assessed
$189K
Owner-Occupied
0%
Tax & Ownership
Investor-Owned
100%
Owner-Occupied
0%
Avg Assessed Value
$189K
Avg Taxable Value
$189K
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 |
|---|---|---|---|---|---|---|---|---|
| 111 | 1 | 1 | 521 | $193K | — | $320K | $614 | Jun 2023 |
| 112 | 1 | 1 | 521 | $193K | — | $248K | $476 | May 2015 |
| 113 | 1 | 1 | 504 | $188K | — | $170K | $337 | Aug 2018 |
| 114 | 1 | 1 | 504 | $188K | — | $208K | $413 | Jul 2024 |
| 115 | 1 | 1 | 426 | $184K | — | $159K | $374 | May 2015 |
| 211 | 1 | 1 | 521 | $193K | — | $263K | $505 | May 2015 |
| 212 | 1 | 1 | 521 | $193K | — | $190K | $365 | Feb 2020 |
| 213 | 1 | 1 | 504 | $188K | — | $197K | $391 | Dec 2019 |
| 214 | 1 | 1 | 504 | $188K | — | $197K | $391 | May 2020 |
| 215 | 1 | 1 | 426 | $184K | — | $225K | $528 | Jun 2022 |



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Neighborhood
South Beach →
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Building Snapshot