Brilliantly remodeled Penthouse in the Absolute Lofts, located in South Beach's most sought-after neighborhood, SoFi! Soaring 18 foot ceilings in living room open to spacious Master bedroom loft, complete with his/her walk-in closets and separate balcony. Italian cabinetry in the kitchen, beautifully upgraded bathrooms, plus large balcony off living area with views to the bay and PortMiami. Electric blinds throughout. Unit comes with your own rooftop terrace with expansive views of South Beach and Government Cut. Absolute Lofts features a sunny pool and two assigned covered parking space. Small pets ok. There is a bike storage area in the garage. Neighborhood offers great restaurants, South Pointe Park, winding bay walk, close to Publix, and the Atlantic ocean.
Frequently asked questions for 245 Michigan Ave Unit LP-4
What is 245 Michigan Ave Unit LP-4?
245 Michigan Ave Unit LP-4 is a 1,488 square foot condo with 2 bedrooms and 2 bathrooms. This home is currently off market - it last sold on April 30, 2021 for $765,000
How many photos are available for this home?
Redfin has 26 photos of 245 Michigan Ave Unit LP-4.
How much is this home worth?
Based on Redfin's Miami Beach data, we estimate the home's value is $1,285,922
When was this home built and last sold?
245 Michigan Ave Unit LP-4 was built in 2004 and last sold on April 30, 2021 for $765,000.
What is the rental estimate for this home?
We estimate that 245 Michigan Ave Unit LP-4 would rent for between $8,023 and $8,441.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 33139, this home's neighborhood, is not-very competitive. Homes sell for about 5% below list price and go pending in around 94 days. Hot homes can sell for about 2% below list price and go pending in around 49 days. Compared to nearby markets, 33139 is more competitive than Downtown Miami and more competitive than Downtown.
The full address for this home is 245 Michigan Avenue Apartment LP4, Miami Beach, Florida 33139.
What's the housing market like in Miami Beach?
The Miami Beach housing market is not very competitive. The median sale price of a home in Miami Beach was $520K last month, up 15.6% since last year. The median sale price per square foot in Miami Beach is $550, up 4.3% since last year.