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945 Michigan Ave # 5, Miami Beach FL 33139

Condo/Co-op For Rent
$3,600

BTC: 0.05655042

ETH: 2.04545455

/mo
New
2 bds
2 ba
976 sqft

Overview

The Best Deal, Newer boutique building with only 8 units, built in 2007 in the heart of South Beach. Beautiful 2-bedroom, 2-bath fully furnished residence. This bright and well-maintained unit features assigned covered INDOOR PARKING,impact windows and doors, in-unit washer and dryer, dishwasher, new A/C, and modern flooring in both bedrooms. Enjoy two rooftop terraces with a nice view and a prime location just minutes from the beach, Flamingo Park, Lincoln Road, shopping, dining, and entertainment. Secure building with elevator access.This Boutique building with all major improvements completed, including new roof concrete restoration, and fresh interior/exterior paint. Enjoy a peaceful living experience with no anticipated construction work or construction-related noise in the foreseeable future. Relax in a quiet, well-maintained building in the heart of South Beach. Easy approval process. Available AUG 15, 2026.

Location

Details

Type:
Residential Lease
Parking:
1 Space / Additional Spaces Available
Year Built:
2007
Lot:
No Data
Heating:
Electric
Price/sqft:
$4
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,900
$3K – $4K
Confidence Low
List vs. estimate
$300 below estimate
List $3,600 · -7.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$3
-99.4% vs. city median $590
Based on
137 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $436K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Garage
1 car garage
Furnished
Furnished
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-336-0050

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Source details

    • MLS ID: A12038699

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / Sliding

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 976

    • Subdivision Name: THE TERRACE 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: VantaSure Realty LLC