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245 Michigan Ave

Miami Beach, FL 33139

2 bd 2 ba 1,445 sqft Built 2004 condo
Most recent sale
$1,150,000
Mar 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2025 Sold $1,469,400 Public Record
Mar 28, 2024 Sold $1,150,000 MiamiMLS
Jan 16, 2024 Price changed $1,299,000 MiamiMLS
Jan 10, 2024 Listed $1,399,000 MiamiMLS
Mar 1, 2023 Listing removed $6,500 MiamiMLS
Jan 4, 2023 Listed for rent $6,500 MiamiMLS
Aug 30, 2020 Listing removed $4,100 MiamiMLS
Jun 7, 2020 Listing removed $4,200 MiamiMLS
Nov 25, 2019 Listing removed $860,000 MiamiMLS
Aug 26, 2019 Listing removed $4,200 MiamiMLS
Mar 20, 2019 Listing removed $860,000 MiamiMLS
Feb 12, 2019 Listing removed $4,200 MiamiMLS
Jan 17, 2019 Listed for rent $4,200 MiamiMLS
Jan 10, 2019 Listing removed $3,600 MiamiMLS
Jan 2, 2019 Price changed $860,000 MiamiMLS
Oct 5, 2018 Listed $875,000 MiamiMLS
Jun 14, 2018 Listing removed $3,600 MiamiMLS
Apr 13, 2018 Price changed (rent) $3,600 MiamiMLS
Mar 30, 2018 Price changed (rent) $3,800 MiamiMLS
Mar 23, 2018 Price changed (rent) $4,000 MiamiMLS
Mar 7, 2018 Listed for rent $4,250 MiamiMLS
Apr 23, 2014 Listing removed $3,600 MiamiMLS
Apr 7, 2014 Price changed (rent) $3,600 MiamiMLS
Mar 24, 2014 Price changed (rent) $3,800 MiamiMLS
Mar 14, 2014 Price changed (rent) $4,000 MiamiMLS
Mar 6, 2014 Listed for rent $4,250 MiamiMLS
May 31, 2013 Listing removed $4,000 MiamiMLS
May 8, 2013 Price changed (rent) $4,000 MiamiMLS
Apr 8, 2013 Price changed (rent) $4,250 MiamiMLS
Mar 22, 2013 Price changed (rent) $4,500 MiamiMLS
Feb 14, 2013 Listed for rent $5,000 MiamiMLS
Apr 4, 2012 Listing removed $3,800 MiamiMLS
Mar 22, 2012 Listing removed $3,500 MiamiMLS
Mar 14, 2012 Listed for rent $3,500 MiamiMLS
Sep 24, 2011 Listing removed $3,800 MiamiMLS
Jul 21, 2011 Listed for rent $3,800 MiamiMLS
Jul 12, 2011 Listing removed $3,800 MiamiMLS
May 30, 2011 Price changed (rent) $3,800 MiamiMLS
May 20, 2011 Price changed (rent) $4,000 MiamiMLS
Mar 22, 2011 Listed for rent $4,500 MiamiMLS
Apr 15, 2008 Sold $580,000 MiamiMLS
Oct 13, 2004 Sold $545,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $906,911 $906,911 $17,013
2024 $906,911 $906,911 $14,078
2022 $487,934 $9,577
2021 $443,577 $443,577 $8,564
2020 $651,840 $651,840 $12,619
2019 $459,639 $8,116
2018 $451,069 $7,710
2017 $441,792 $7,635
2016 $432,706 $7,616
2015 $429,699 $7,713
2014 $426,289 $7,844
2013 $419,990 $7,723
2012 $412,970 $7,629
2011 $412,970 $7,713
2010 $412,970 $8,215
2009 $434,700 $8,942
2008 $621,000 $12,590
2007 $621,000 $12,528

Property facts

Year built
2004
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,445 sqft
Lot size
ZIP code
33139
City
Miami Beach
Street
Michigan Ave
Coordinates
25.77205, -80.13790

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 245 Michigan Ave last sell?
245 Michigan Ave most recently sold on Mar 28, 2024 for $1,150,000.
What is the current tax assessment for 245 Michigan Ave?
The most recent total assessment for 245 Michigan Ave (year 2025) is $906,911 with $17,013 in property tax.
How does 245 Michigan Ave's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $1,150,000.
When was 245 Michigan Ave built?
245 Michigan Ave was built in 2004.
How does 245 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 245 Michigan Ave?
245 Michigan Ave is a 2 bed, 2 bath, 1,445 sqft condo.
Is 245 Michigan Ave a flip candidate?
Yes — 245 Michigan Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 245 Michigan Ave a tax-appeal candidate?
No — 245 Michigan Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$2.66M
2026 Q4
$2.72M
ZIP 33139 — Median Price History + Forecast

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