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245 Michigan Ave # 5, Miami Beach FL 33139

Condo/Co-op Active With Contract
$1,749,999

BTC: 21.87498750

ETH: 699.99960000

49 days
3 bds
3 ba
1,798 sqft

Overview

Experience elevated living in the largest residence in the boutique ABSOLUT, ideally situated on a quiet, tree lined street in Miami Beach's coveted South of Fifth neighborhood. This rarely available 3 bedroom, 3 bathroom loft offers one of the area's most desirable floor plans, combining dramatic architecture with modern sophistication. Showcasing striking 18 foot ceilings, floor to ceiling hurricane impact glass, elegant terrazzo floors, and automated electric shades throughout, the home is filled with natural light and designed for effortless living. The expansive open concept layout flows seamlessly into a sleek contemporary kitchen, creating the perfect setting for both everyday living and entertaining all combined with a low HOA fee! The spacious primary suite serves as a private retreat, while the home's exceptional indoor outdoor connection sets it apart. Enjoy your own lush private garden with the rare convenience of direct street access or entry through the building's gated entrance, offering the feel of a private home while enjoying the amenities of a boutique condominium. Additional highlights include assigned parking, rooftop access, and a resort style pool. Just three blocks from the beach and one block from the marina, this exceptional residence places you moments from South Pointe Park, world class dining, boutique shopping, fitness studios, and the vibrant South of Fifth waterfront lifestyle.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Covered
Year Built:
2004
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$973
Cooling:
Central Air
HOA:
$1,244

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,470,000
$826K – $3.3M
Confidence Low
List vs. estimate
$279K above estimate
List $1,749,999 · +19.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$973
+60.8% vs. city median $605
Based on
314 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,231
2025
HOA
$1,244/mo
View
Other View, Skyline
Garage
1 car garage
All facts and features
  • Flooring

    • Concrete

    • Terrazzo

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    Other interior features

    • First Floor Entry

    • Second Floor Entry

    • Built-in Features

    • Elevator

    • Entrance Foyer

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    • Family Room

    • Loft

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Covered

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-280-0090

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,244

    • HOA Frequency: Monthly

    • Annual tax amount: $19,231

  • Source details

    • MLS ID: A12052669

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: In Garage / Washer/Dryer Hook-Up

    • Patio And Porch Features: Open Balcony / Patio

    • Architectural Style: Corner Unit

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1798

    • Subdivision Name: ABSOLUT CONDO

Private inquiry
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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: Compass Florida, LLC