945 Michigan Ave #5

The Terrace Condo, Miami Beach, FL 33139

$599,000
  • 2 Bedrooms
  • 2 Bathrooms
  • 976 Sqft

945 Michigan Ave #5
The Terrace Condo, Miami Beach, FL 33139

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42 / Miami Beach / FL

Condo HIGHLIGHTS

  • Property Type

    Condo

  • Year Built

    2007

  • Cooling

    Yes - Electric

  • Heating

    Yes - Electric

  • Stories

    4

  • Views

    Yes - Garden

  • RE Tax

    $6,685

Listing courtesy of Mxim Madcedi of VantaSure Realty LLC.

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.
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  • Bathrooms (Full)

    2

  • Bedrooms Total

    2

  • High School

    Miami Beach

  • Living Area

    976 Sqft

  • MLS #

    A12029487

  • Middle School

    Nautilus

  • Property Type

    Condo

  • Subdivision

    The Terrace Condo

  • Year Built

    2007

  • Security Features

    Secured Garage/Parking, Smoke Detector(s)

  • Building Area Total

    976

  • Construction Materials

    Block

  • Entry Level

    3

  • Total Stories

    4

  • Year Built

    2007

  • Association Amenities

    Elevator(s)

  • Association Fee Includes

    Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

  • Has Association

    Yes

  • High School

    Miami Beach

  • Middle or Junior School

    Nautilus

  • Pets Allowed

    Yes

  • Subdivision

    THE TERRACE CONDO

  • Attached Garage

    Yes

  • Covered Spaces

    1

  • Garage

    Yes

  • Garage Spaces

    1

  • Parking Features

    Attached, Underground, Garage, Garage Door Opener

  • View

    Yes - Garden

  • Annual Taxes

    $6,685

  • Association Fee

    $1,456 (Monthly)

  • Appliances

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

  • Cooling

    Yes - Electric

  • Flooring

    Hardwood, Tile, Wood

  • Heating

    Yes - Electric

  • Interior Features

    Other, Elevator

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $557
  • Maintenance / Common Charges $1,456

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

945 Michigan Ave #5

Location

Nearby Points of Interest

  • Nine Twenty-One Jefferson Ave

    Restaurants, Independent

  • Coconut

    Restaurants, Independent

  • Miami Beach Art Deco District

    Art Culture Science, Independent

  • Vasquez, Marean

    Health Care, Independent

  • MB Liquors Wine & Spirits

    Alcohol, Independent

Data courtesy of LocalLogic.co

South Beach
Neighborhood

South Beach

South Beach, Miami Beach, FL, is a lively coastal neighborhood known for its iconic beaches, historic Art Deco architecture, and vibrant social and cultural scene. Expansive sandy shores and clear waters make it ideal for swimming,...

945 Michigan Ave #5

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.


This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.