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245 Michigan Ave # 4, Miami Beach FL 33139

Condo/Co-op Active With Contract
$1,145,000

BTC: 17.89062500

ETH: 655.78465063

-$250K (2026/05/11)
111 days
2 bds
2 ba
1,488 sqft

Overview

Unique architectural two-story loft penthouse with a private rooftop terrace in the heart of South of Fifth (SoFi). Defined by soaring 16-foot ceilings and dramatic floor-to-ceiling impact windows, the double-height living space is filled with natural light and showcases western exposures with stunning sunset views toward Biscayne Bay. This two-bedroom, two-bathroom residence offers 1,488 sq ft of interior living space. A standout feature is the private 332 sq ft rooftop terrace, accessed separately from the main living areas, offering sweeping views of Fisher Island, the Port of Miami, and Miami Beach sunsets—ideal for entertaining or relaxing above it all. The updated kitchen features Bosch appliances, modern cabinetry, and upgraded finishes, complemented by renovated bathrooms and dual walk-in closets with custom built-ins. Built in 2004, the residence includes two assigned parking spaces, bike and motorcycle storage, and pet-friendly policies. The boutique building offers a low HOA and has completed major improvements, including a renovated pool, modernized elevators, and upgraded security. Located moments from South Pointe Park, the marina, beach access, Whole Foods, Pura Vida, cafés, and top dining, this penthouse offers a rare opportunity in one of Miami Beach’s most desirable neighborhoods.

Location

Details

Type:
Residential
Parking:
Assigned / Covered
Year Built:
2004
Lot:
No Data
Heating:
Electric
Price/sqft:
$769
Cooling:
Electric
HOA:
$1,025

Valuation

Our model vs. what's actually selling nearby.
Estimate
$949,000
$575K – $2.0M
Confidence Low
List vs. estimate
$196K above estimate
List $1,145,000 · +20.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$769
+29.0% vs. city median $596
Based on
497 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

Annual tax
$12,384
2025
HOA
$1,025/mo
View
Bay, Garden View
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Split Bedroom

    • Walk-In Closet(s)

    • Loft

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    Property

    • Exterior Features: Barbeque / Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-280-0080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,025

    • HOA Frequency: Monthly

    • Annual tax amount: $12,384

  • Source details

    • MLS ID: A11961071

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony / Patio

    • Window Features: Blinds / High Impact Windows

    • Direction Faces: East

    • Architectural Style: Penthouse / Split Level

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1488

    • 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: Douglas Elliman