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What we cover
557 MICHIGAN AVE, Miami Beach 33139
1945
Year Built
10
Units
2
For Sale
$283K
Avg Price
$593
Sale $/SF
2
For Rent
$2,500
Avg Rent
$4.09
Rent $/SF
+50.0%
YoY
For Sale
2
For Rent
2
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
$2,500/mo
Rent $/SF
$4.09/SF
HOA Range
$581 – $581
Neighborhood Rank
Top 13%
Avg Unit Value
$189K
Total Sales (All-Time)
19
Sale Price Trend ($/SF)
$593
Rental Price Trend ($/SF)
$4.80
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Median Rent
$2,500
/month
Active Listings
For Sale (2)
$235K
$330K
Unit 211 W/PARKINGFor Rent (2)
$2K
Unit 114
$2K
Unit 111Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Jul 8, 2024 | $208K | $412.7 | 1/1 | 504 |
| 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 |
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 |
Top Agents in This Building
Compass
CompassCompass
Top Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
| Compass | 3 | 3 | $718K |
S Summit Real Estate, Inc. | 1 | 1 | $320K |
S Saggio Realty, Inc. | 1 | 1 | $225K |
A A & D Group Realty LLC | 1 | 1 | $225K |
S South Florida Investments | 1 | 1 | $190K |
Be the first to know when a unit in 551/557 MICHIGAN CONDO hits the market — for sale or rent.
Neighborhood
South Beach →
View all buildings in this area
Building Snapshot
| 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 |
| May 5, 2015 | $263K | $504.8 | 1/1 | 521 |
| May 5, 2015 | $178K | $352.58 | 1/1 | 504 |
| May 5, 2015 | $178K | $352.58 | 1/1 | 504 |
| May 5, 2015 | $275K | $527.83 | 1/1 | 521 |
| May 5, 2015 | $258K | $495.2 | 1/1 | 521 |
| May 5, 2015 | $248K | $492.06 | 1/1 | 504 |
| May 5, 2015 | $189K | $375 | 1/1 | 504 |
| May 5, 2015 | $159K | $373.71 | 1/1 | 426 |
| May 5, 2015 | $248K | $476.01 | 1/1 | 521 |
| May 5, 2015 | $178K | $417.14 | 1/1 | 426 |