557 Michigan Ave
Miami Beach, FL 33139
1 bd 1 ba 426 sqft Built 1945 condos
Most recent sale
$225,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $225,000 | MLS #A11148500 |
| Jun 3, 2022 | Relisted | $240,000 | MLS #A11148500 |
| May 2, 2022 | Relisted | $240,000 | MLS #A11148500 |
| Jan 25, 2022 | Listed | $240,000 | MLS #A11148500 |
| May 7, 2020 | Sold | $160,000 | Public Record |
| Dec 19, 2018 | Price changed | $184,000 | MLS #A10460941 |
| Apr 30, 2018 | Listed | $195,000 | MLS #A10460941 |
| Jul 12, 2017 | Price changed | $230,000 | MLS #A10245139 |
| Mar 21, 2017 | Listed | $249,000 | MLS #A10245139 |
| Sep 6, 2016 | Price changed | $219,000 | MLS #A2143409 |
| Jul 10, 2015 | Listed | $255,000 | MLS #A2143409 |
| Mar 24, 2015 | Listed | $272,000 | MLS #A2090908 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,589 | — | $183,589 | $3,444 |
| 2024 | $183,589 | — | $183,589 | $3,996 |
| 2023 | $185,069 | — | $185,069 | $3,497 |
| 2021 | $146,880 | — | $146,880 | $2,835 |
| 2020 | $144,000 | — | $144,000 | $2,788 |
| 2019 | $160,000 | — | $160,000 | $3,101 |
| 2018 | $168,480 | — | $168,480 | $3,168 |
| 2017 | $168,480 | — | $168,480 | $3,208 |
| 2016 | — | — | $156,000 | $3,030 |
Property facts
Year built
1945
Property type
condos
Stories
—
Beds
1
Baths
1
Living area
426 sqft
Lot size
—
ZIP code
33139
City
Miami Beach
Street
Michigan Ave
Coordinates
25.77557, -80.13803
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$788
Gross rental yield
4.20%
Implied cap rate
2.73%
Trend-extrapolated value
—
Frequently asked questions
When did 557 Michigan Ave last sell?
557 Michigan Ave most recently sold on Jun 24, 2022 for $225,000.
What is the current tax assessment for 557 Michigan Ave?
The most recent total assessment for 557 Michigan Ave (year 2025) is $183,589 with $3,444 in property tax.
How does 557 Michigan Ave's assessment compare to its last sale price?
The current assessment is 18.4% below the last sale price of $225,000.
When was 557 Michigan Ave built?
557 Michigan Ave was built in 1945.
How does 557 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 557 Michigan Ave?
557 Michigan Ave is a 1 bed, 1 bath, 426 sqft condos.
Is 557 Michigan Ave a flip candidate?
No — 557 Michigan Ave does not appear in our flips dataset.
Is 557 Michigan Ave a tax-appeal candidate?
No — 557 Michigan Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$2.66M
2026 Q4
$2.72M
ZIP 33139 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave