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227 Michigan Ave # 405, Miami Beach FL 33139

Condo/Co-op For Sale
$725,000

BTC: 11.06870229

ETH: 402.77777778

-$24K (2026/05/01)
122 days
2 bds
2 ba
940 sqft

Overview

South of Fifth corner residence featuring bay-to-skyline views and rare 2 assigned parking spaces. This 2-bedroom, 2-bath home offers an open layout with abundant natural light and three sets of sliding doors leading to an oversized private terrace, making it ideal for indoor-outdoor living. Interior features include wood floors, granite kitchen, custom walk-in closet, in-unit washer/dryer, hurricane-impact windows and a new A/C unit. Boutique, pet-friendly building with pool, hot tub, and secure entry, located on a quiet, tree-lined street across from the highly rated South Pointe Elementary and just blocks from the beach, South Pointe Park, and top dining. Priced as one of the best values in South of Fifth. Ideal for end-users or second-home buyers. Virtual 3D tour available.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Covered / Limited # Of Vehicle
Year Built:
2000
Lot:
No Data
Heating:
Central
Price/sqft:
$771
Cooling:
Central Air
HOA:
$1,211

Valuation

Our model vs. what's actually selling nearby.
Estimate
$539,000
$374K – $851K
Confidence Low
List vs. estimate
$186K above estimate
List $725,000 · +34.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$771
+28.8% vs. city median $599
Based on
220 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,651
2025
HOA
$1,211/mo
View
Intracoastal View, Water View
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Microwave

    • Electric Range

    • Washer

    Other interior features

    • Built-in Features

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Covered

    • Limited # Of Vehicle

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-239-0220

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,211

    • HOA Frequency: Monthly

    • Annual tax amount: $9,651

  • Source details

    • MLS ID: A11955595

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: Corner Unit

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 940

    • Subdivision Name: THE AMBASSADORS CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,059
median $590K
Active
Same city
Miami Beach
2,576
median $650K
Active
Same type
Condo/Co-op
1,918
median $526K
Active
Similar price
$507K – $942K
545
median $679K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Venture Realty LLC