LAST SOLD ON APR 30, 2021 FOR $765,000

245 Michigan Ave Unit LP-4,
Miami Beach, FL 33139

$1,285,922
Redfin Estimate
2
Beds
2
Baths
1,488
Sq Ft
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About this home

This home is currently off market
Condo
Built in 2004
$864 Redfin Estimate per sq ft
2 garage spaces
Has A/C
In-unit laundry (washer and dryer)
ABSOLUT CONDO
Listed by Todd Nordstrom Compass Florida, LLC.
305-790-4008 (agent)
305-851-2820 (broker)
Listed by Julian Fernandez Compass Florida, LLC.
305-851-2820 (broker)
Bought with Ileana Salman Paramount Realty Sales, LLC
305-740-9004 (broker)
Redfin checked: 3 minutes ago (Apr 24, 2024 at 9:55pm)
Source:MARMLS #A11002752

Redfin Estimate for 245 Michigan Ave Unit LP-4

Redfin has the most accurate online home estimate
$1,285,922
$521K since sold in April 2021
$5,000 since March
Graph chart of this property's Redfin Estimate over time20202021202220232024$400K$600K$800K$1.0M$1.2M$1.4M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $625K to $2.5M.

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Home sale earnings

Est. $637K when you sell with Redfin

Rental earnings

Est. $8,253 per month, based on comparable rentals

South Beach real estate market

Homes go pending in 89 days

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Property details for 245 Michigan Ave Unit LP-4

Parking
    Garage/Carport Information
  • Has Garage
  • Has Attached Garage
  • # of Garage Spaces: 2
    Parking
  • Features: Assigned, Attached, Covered, Garage, Two or More Spaces, Garage Door Opener
  • # of Covered Spaces: 2
Interior
    Bathroom Information
  • # of Full Bathrooms: 2
    Equipment
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
    Interior Features
  • Window Features: Blinds, Impact Glass
  • Flooring: Ceramic Tile, Wood
  • Other Features: Closet Cabinetry, High Ceilings, Living/Dining Room, Upper Level Master, Walk-In Closet(s)
Exterior
    Building Information
  • Stories: 2
  • Stories (Total): 4
  • Year Built Details: Resale
  • Construction Details: Block
    Exterior Features
  • Exterior Features: Balcony, Security/High Impact Doors
  • Patio And Porch Features: Balcony, Open
  • Security Features: Fire Sprinkler System
    Pool Information
  • Pool Features: Heated
    Property Information
  • Direction Faces: West
  • Entry Location: 3
  • Entry Level: 3
  • Updated/Remodeled
  • Has Property Attached
Financial
    Tax Information
  • Annual Amount: $11,504
  • Tax Year: 2020
Utilities
    Utility Information
  • Utilities: Cable Available
    Heating & Cooling
  • Has Cooling
  • Cooling: Central Air
  • Has Heating
  • Heating: Central
Location
    Multi Unit Information
  • Pets Allowed: Size Limit, Yes
    HOA Information
  • Association Fee: $707
  • Association Fee Frequency: Monthly
  • Association Fee 3: $707
  • Association Fee 3 Frequency: Monthly
  • Association Fee Includes: Common Areas, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
  • Association Amenities: Elevator(s), Pool, Storage
Other
    Listing Information
  • Buyer Agency Compensation: 3%
  • Transaction Broker Compensation: 3%
Property information provided by MARMLS when last listed in 2021. This data may not match public records. Learn more.

Sale and tax history for 245 Michigan Ave Unit LP-4

Public facts and zoning for 245 Michigan Ave Unit LP-4

Beds
2
Baths
2
Sq. Ft.
1,488
Stories
Lot Size
Style
Condo/Co-op
Year Built
2004
Year Renovated
2004
County
Miami-Dade County
APN
0242032800080
Home facts updated by county records on Mar 7, 2024.

Additional resources

Zoning

RPS-1 | Permitted: Single-Family, Multi-Family, Commercial

Cost of home ownership

$3,966 per month

30-year fixed, 3.5% interest
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Mortgage payment$2,748
Property taxes$708
HOA dues
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Homeowners insurance$510
Utilities & maintenance
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About this building

No units for sale
245 Michigan Ave, Miami Beach, FL 33139
Photo via 245 Michigan Ave Unit LP-9
Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Schools

This home is within the Miami-Dade.
6/10
South Pointe Elementary School

Public, PreK-5 • 0.1mi

9/10
Air Base K-8 Center For International Education

Public, PreK-8 • 24.1mi

5/10
Nautilus Middle School

Public, 6-8 • 3.0mi

6/10
Miami Beach Senior High School

Public, 9-12 • 1.9mi

-/10
Robert Morgan Voc-Tech Institute

Public, 9-12 • 19.8mi

Provided by GreatSchools

Around this home

Transportation near 245 Michigan Ave Unit LP-4

95/100
Walker's paradise

Walk Score®

51/100
Good transit

Transit Score®

82/100
Very bikeable

Bike Score®

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor
Flood Factor - Extreme

99% chance of flooding in next 30 years

Fire Factor - Moderate

0.46% chance of being in a wildfire in next 30 years

Heat Factor - Extreme

8 days above 102° expected this year, 31 days in 30 years

Wind Factor - Extreme

99% chance of strong winds in next 30 years

Air Factor - Minor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

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Estimated sale price
$1.22M – $1.45M

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Nearby similar homes

Homes similar to 245 Michigan Ave Unit LP-4 are listed between $198K to $3M at an average of $900 per square foot.
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Nearby recently sold homes

Nearby homes similar to 245 Michigan Ave Unit LP-4 have recently sold between $625K to $2M at an average of $980 per square foot.
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$800,000 Last Sold Price
2 beds
2 baths
1,100 sq ft
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SOLD APR 2, 2024
$1,050,000 Last Sold Price
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2 baths
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(305) 402-4261

Home values near 245 Michigan Ave Unit LP-4

Data from public records.

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GreatSchools Ratings provided by GreatSchools.org.