945 Michigan Ave #5

945 Michigan Ave #5 Miami Beach 33139
2 bedrooms | 2 bathroom | 0 half bath | 976 sqft

$599,000

Property Details

MLS #
A12029487
Unit #
5
Address
945 MICHIGAN AVE #5  map  
Bedrooms
2
Bathrooms
2
Living Area (f2)
976
Living Area (M2)
91
Year Built
2007
Waterfront
Status
Active
Listing Type
Condo/Townhome
Maintenance Fee
$1,456
Complex
THE TERRACE CONDO
Days On Market
20
Pool
Pets Allowed
N/A
Parking Spaces
1

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property Description

Amazing Opportunity in Miami Beach!Why should I buy this condo? Rare chance to own one of the best values currently available in the area. Built in 2007, this newer boutique building offers features that are difficult to find at this price point.Association requirements are buyer-friendly with no minimum credit score requirement, no income verification requirement, and no minimum down payment requirement imposed by the association. Unlike many buildings in the area, you don't need a large down payment to buy. Qualified buyers may finance with as little as 3%-5% down, potentially saving tens of thousands of dollars compared to condos requiring 20%-25% or more down. Many condos in the same price range are located in much older buildings dating back to the 1950s, while this property combines modern construction with extensive recent building improvements. The building features assigned indoor parking, two beautiful rooftop terraces, impact windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting. Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Refrigerator
  • Washer

Interior Features

  • Elevator

Exterior Features

  • None
  • Open Balcony

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
2 05/11/2026 $387,000 $389,000 1 1
B 04/30/2026 $621,000 $649,000 2 2
43 04/29/2026 $185,000 $199,000 0 1
705 04/27/2026 $2,700,000 $2,700,000 2 2
1 04/27/2026 $585,000 $595,000 2 2
2506 04/24/2026 $870,000 $899,000 1 1
502 03/31/2026 $8,000,000 $8,450,000 3 3
3402 03/26/2026 $5,500,000 $5,970,000 2 2
305 03/20/2026 $245,000 $254,900 1 1
502 03/16/2026 $330,000 $325,000 1 1
7E 03/13/2026 $265,000 $279,500 1 1
4 03/13/2026 $550,000 $450,000 2 2
904 03/12/2026 $380,000 $394,000 1 1
512 03/10/2026 $325,000 $315,000 1 1
216 03/09/2026 $825,000 $878,000 2 2
605 03/06/2026 $3,850,000 $3,990,000 3 3
416 03/05/2026 $287,500 $315,000 1 1
201 03/03/2026 $250,000 $250,000 1 1
204 03/03/2026 $780,000 $799,000 3 3
D302 03/03/2026 $375,000 $375,000 1 1

http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by VantaSure Realty LLC