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245 Michigan Ave # 5, Miami Beach FL 33139

Condo/Co-op For Rent
$9,990

BTC: 0.15609375

ETH: 5.72164948

/mo
16 days
3 bds
3 ba
1,798 sqft

Overview

Experience elevated living in this rarely available 3BR/3BA loft featuring one of the most desirable floor plans in the highly sought-after South of Fifth neighborhood in Miami Beach. Showcasing elegant terrazzo floors, dramatic 18-foot ceilings, and a bright open layout, this modern updated residence offers a sophisticated yet comfortable living experience. Featuring a sleek, open concept kitchen, ideal for both everyday living and entertaining. A spacious primary suite serves as a private retreat designed for comfort and relaxation. Enjoy seamless indoor-outdoor living with your own lush private garden and direct street access, a unique feature rarely found in the area. Additional highlights include assigned parking, rooftop access, and a resort-style pool, all within one of Miami Beach’s most coveted neighborhoods. Ideally located just three blocks from the beach and one block from the marina, residents can also enjoy being moments from South of Fifth’s renowned restaurants, upscale dining, fitness studios, South Pointe Park, and vibrant waterfront lifestyle. Available unfurnished or partially furnished.

Location

Details

Type:
Residential Lease
Parking:
No Data
Year Built:
2004
Lot:
No Data
Heating:
No Data
Price/sqft:
$6
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$14,000
$8K – $22K
Confidence Low
List vs. estimate
$4K below estimate
List $9,990 · -28.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$5
-99.1% vs. city median $596
Based on
18 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
In Ground
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Terrazzo

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Entrance Foyer

    • Pantry

    • Volume Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Property

    • Exterior Features: Open Balcony

    Other Property Information

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

    • Zoning: 3001

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Source details

    • MLS ID: A12021306

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Pool Features: In Ground

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1798

    • Subdivision Name: ABSOLUT 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

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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