$349,000

945 Michigan Ave Unit 8 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $3,825/month

Total Views 300
1 Bed
1 Bath
914 Sq Ft
$382 Price per Sq Ft

Highlights

  • Very Popular Property
  • Penthouse
  • Marble Flooring
  • Intercom to Front Desk
  • Skyline View
  • Balcony

About This Home

This one of a kind penthouse corner unit checks every box. Featuring floor to ceiling impact windows, beautiful city & garden views, washer & dryer in unit, gated/covered parking, marble floors, recessed lighting & incredible natural light. But what really takes this property to another level are the 2 exterior areas, a balcony connecting to both living room & bedroom AND a sizable 300 SF rooftop terrace area exclusive to the unit. The only unit with its own terrace area in the building & a rare find in South Beach. This modern & chic boutique building w/ only 8 units was built in 2007 & is situated on the lush tree lined Michigan Ave just blocks from Flamingo Park, Whole Foods, Lincoln Rd & the ocean. Schedule your showing today while it lasts.

Listing Agent

Micha Porat

Compass Florida, LLC. License #3520305

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 2007 | Remodeled

HOA Fees

  • $1,344 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Skyline
  • Garden

Home Design

  • Penthouse

Interior Spaces

  • 914 Sq Ft Home
  • 4-Story Property
  • Custom Mirrors
  • Built-In Features
  • Blinds
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Video Cameras

Outdoor Features

  • Balcony
  • Courtyard

Additional Features

  • Accessible Elevator Installed
  • Southwest Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-336-0060

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • The Terrace Condo
  • The Terrace Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Dogs Allowed

Security

  • Complex Is Fenced
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,332

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$1,344 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE TERRACE CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 914
  • Other Equipment: Elevator, Intercom
  • Stories: 4
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, Impact Glass
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Garden View, Skyline
  • Exterior Features: Courtyard, Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE TERRACE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 1344
  • Amenities: Elevator(s), Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 02-42-03-336-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6332

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,009 $325,030 -- --
2023 $6,009 $295,482 $0 $0
2022 $5,530 $268,620 $0 $0
2021 $4,715 $244,200 $0 $0
2020 $4,728 $244,200 $0 $0
2019 $4,302 $222,000 $0 $0
2018 $4,388 $233,330 $0 $0
2017 $4,443 $233,330 $0 $0
2016 $6,295 $324,070 $0 $0
2015 $6,318 $298,056 $0 $0
2014 $5,505 $270,960 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $349,000 -- $382 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,120 New Conventional
Closed $288,000 Unknown
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11809125

MIAMI REALTORS® MLS

APN: 02-4203-336-0060