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245 Michigan Ave

Miami Beach, FL 33139

2 bd 2 ba 1,444 sqft Built 2004 condo
Most recent sale
$1,379,000
Apr 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2024 Sold $1,379,000 MiamiMLS
Feb 10, 2024 Price changed $1,449,000 MiamiMLS
Nov 21, 2023 Relisted $1,475,000 MiamiMLS
Nov 17, 2023 Listing removed $1,475,000 MiamiMLS
Nov 15, 2023 Listing removed $1,475,000 MiamiMLS
Nov 14, 2023 Listed $1,475,000 MiamiMLS
Jun 16, 2022 Sold $1,300,000 Public Record
Jan 9, 2020 Sold $550,000 Public Record
Feb 27, 2014 Listing removed $3,100 MiamiMLS
Feb 10, 2014 Listed for rent $3,100 MiamiMLS
Oct 25, 2004 Sold $480,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,112,866 $1,112,866 $20,877
2024 $1,112,866 $1,112,866 $20,912
2023 $1,080,452 $1,080,452 $20,416
2022 $487,756 $8,389
2021 $473,550 $473,550 $8,353
2020 $550,000 $550,000 $9,858
2019 $603,000 $603,000 $11,685
2018 $655,920 $655,920 $12,334
2017 $655,920 $655,920 $12,379
2016 $587,902 $11,917
2015 $534,457 $11,513
2014 $485,870 $9,871
2013 $462,730 $9,410
2012 $428,450 $8,770
2011 $428,450 $8,868
2010 $428,450 $9,454
2009 $451,000 $9,277
2008 $644,290 $13,062
2007 $644,290 $12,998

Property facts

Year built
2004
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,444 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
$8,274
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 Apr 29, 2024 for $1,379,000.
What is the current tax assessment for 245 Michigan Ave?
The most recent total assessment for 245 Michigan Ave (year 2025) is $1,112,866 with $20,877 in property tax.
How does 245 Michigan Ave's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $1,379,000.
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, 1,444 sqft condo.
Is 245 Michigan Ave a flip candidate?
No — 245 Michigan Ave does not appear in our flips dataset.
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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