227 Michigan Ave # 405, Miami Beach FL 33139

Condo/Co-op For Sale

$685,000

BTC: 10.63664596

ETH: 360.02606904

-$64K (2026/06/19)

183 days

For Sale

Condo/Co-op

2 bds •

2 ba •

940 sqft

Overview

The Best Value 2-Bedroom Unit in South of Fifth! Set on a quiet, tree-lined street in Miami Beach's most prestigious neighborhood, this rare 2-bedroom, 2-bath corner residence is now priced for an immediate sale. Offering the ultimate entry-level opportunity into the highly coveted South of Fifth lifestyle, this property stands out as the strongest value play on the market today. The bright, open layout maximizes every inch of its space, featuring wood floors, a granite kitchen, marble baths, a custom walk-in closet, and an in-unit washer/dryer. Hurricane-impact windows and a newer A/C provide total peace of mind. Three sets of sliding glass doors open up to an oversized private terrace showcasing beautiful bay-to-skyline views. Best of all, the unit includes two assigned covered parking spaces—a premium luxury that is genuinely hard to find at this price point in SoFi. Located just steps from the beach, South Pointe Park, and the neighborhood's world-class dining scene. This boutique, pet-friendly building features a pool, hot tub, and secured entry. With a new price adjustment to $685,000, this is an unmissable opportunity to secure a premier footprint in Miami's most coveted zip code. Schedule your private tour today.

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:

$729

Cooling:

Central Air

HOA:

$1,211

Type:

Residential

Parking:

2 Or More Spaces / Assigned / Covered / Limited # Of Vehicle

Year Built:

2000

Lot:

No Data

Heating:

Central

Price/sqft:

$729

Cooling:

Central Air

HOA:

$1,211

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$535,000

$369K – $845K

Confidence Low

List vs. estimate

$150K above estimate

List $685,000 · +28.0%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$728

+22.5% vs. city median $594

Based on

219 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $2.6M

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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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

227 Michigan Ave # 405, Miami Beach FL 33139

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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Market around this address