945 Michigan Ave Unit #5, Miami Beach, FL 33139

$599,000
2
BD
2
BA
976
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
MLS#
A12029487
Complex Name
The Terrace Condo
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
2
Living Area
976

Property Description

This condo it is rented till August 2027. 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.

Additional Information

Days on Market
59
Interior Features
Elevator
Tax Amount
$6,685
Parcel Number
02-42-03-336-0050
#Garage Spaces
1
Bedroom Description
Other
Exterior Features
None, Open Balcony
Association Fee
$1456
Unit View
Garden View
Parking Restrictions
1 Space, Additional Spaces Available, Parking-Under Building
Unit Number
5
SqFt Liv Area
976
Amenities
Elevator(s)
Year Built
2007
Style
Condo 1-4 Stories, Condo
Restrictions
Ok To Lease
Development Name
The Terrace Condo
Middle School
Nautilus
Senior High School
Miami Beach
Construction Type
CBS Construction
Section
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of VantaSure Realty LLC, Contact: