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245 Michigan Ave LP4Miami Beach, FL 33139

For Sale

$1,295,000

Smart Buyer Rebate $12,950

Unique architectural two-story loft penthouse with private rooftop terrace in the heart of South of Fifth (SoFi). Defined by soaring 16-foot ceilings and 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-bath residence offers 1,488 sq ft of interior living space plus a private 332 sq ft rooftop terrace — an exceptional outdoor retreat overlooking Fisher Island, the Port of Miami, and Miami Beach sunsets.

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 financially stable boutique building offers a low HOA and recently completed major improvements, including pool renovation, elevator modernization, and upgraded security systems.

Located moments from South Pointe Park, Miami Beach Marina, beach access, Whole Foods, Pura Vida, cafés, and top dining destinations, this private rooftop penthouse presents a rare opportunity in highly desirable South of Fifth.

Listed by Fernanda Moreno

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License #3294215

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Douglas Elliman

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786-300-6334

Last updated March 16, 2026

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Source: MIAMIRE #A11961071

Listing Facts

  • TypeCondo
  • NeighborhoodSoFi
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu33
  • HOA/Maint. Fees$1,025/month
  • Taxes$12,384/year
  • Size1,488 sqft
  • Price per sqft$870

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Bike Storage
  • Parking

Location

Mortgage Calculator

Listing History

03/16/2026
Price Decreased
$1,295,000
02/11/2026
Listed by Douglas Elliman
$1,395,000

Property Details for 245 Michigan Ave LP4

Association

Amenities

  • Association Amenities: Barbecue, Bike Storage, Child Play Area, Heated Pool, Trash Chute
  • Pets Allowed: Yes

Fees

  • Association Fee: $1,025.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Manager, Parking, Pest Control Interior, Pool Service, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 4
  • Structure Type: Townhouse, Condo
  • Window Features: Blinds, High Impact Windows
  • Year Built: 2004
  • Year Built Details: Resale
  • Architectural Style: Penthouse, Split Level
  • Building Name: ABSOLUT CONDO
  • Construction Materials: Concrete Block Construction
  • Entry Level: 2
  • Exterior Features: Barbeque, Courtyard, Open Balcony

Features

  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony, Patio
  • View: Bay, Garden View, Skyline

Measurements

  • Building Area Total: 1,488
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-42-03-280-0080
  • Tax Annual Amount: $12,384.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor
  • Interior Features: First Floor Entry, Built-in Features, Split Bedroom, Walk-In Closet(s), Loft

Measurements

  • Living Area: 1,488
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: ABSOLUT CONDO

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Covered

Schools

Elementary School

  • Elementary School: South Pointe

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 245 Michigan Ave LP4.

What schools are nearby to 245 Michigan Ave LP4?

Nearby schools include the South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 245 Michigan Ave LP4.

Are pets allowed at 245 Michigan Ave?

Yes, 245 Michigan Ave allows pets.

What are the annual taxes for 245 Michigan Ave LP4?

Annual taxes for this condo are estimated at $12,384.

How does 245 Michigan Ave LP4 compare to other condos in SoFi?

This condo is listed 41% below the average price for condos in SoFi and has been on the market for 97 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the ABSOLUT CONDO building.

What is the square footage on this condo?

According to the MLS, this listing is 1,488 sqft.

245 Michigan Ave LP4 is a 2-bedroom, 2-bath condo for sale in Miami Beach FL 33139. Listed on Prevu for 33 days at $1,295,000. This includes a recent price decrease of $100,000. This home features 1,488 square feet of living space, located in SoFi. The median listing price for condos in this area is $844,500. Nearby schools include South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School. The home offers private outdoor space, dishwasher, pets allowed, bike storage, parking, and washer/dryer. View other condo listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.