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
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.
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