945 Michigan Ave Unit #5, Miami Beach, FL 33139

$599,000
2
BD
2
BA
976
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
MLS#
A12029487
Bedrooms
2
Bathrooms
2
Sq. Ft
976
Subtype
Condominium
County
Miami-Dade
Community
The Terrace Condo
Subdivision
The Terrace Condo
Year Built
2007

Property Description

This condo it is rented till August 2027. Amazing Opportunity in Miami Beach!Why should I buy this condo? Rare chance to own one of the best values currently available in the area. Built in 2007, this newer boutique building offers features that are difficult to find at this price point.Association requirements are buyer-friendly with no minimum credit score requirement, no income verification requirement, and no minimum down payment requirement imposed by the association. Unlike many buildings in the area, you don't need a large down payment to buy. Qualified buyers may finance with as little as 3%-5% down, potentially saving tens of thousands of dollars compared to condos requiring 20%-25% or more down. Many condos in the same price range are located in much older buildings dating back to the 1950s, while this property combines modern construction with extensive recent building improvements. The building features assigned indoor parking, two beautiful rooftop terraces, impact windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting. Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.

Additional Information

Hoa
Yes
Hoa Amount
1456
Status Label
ACTIVE
Total Unitsin Complex
8
Unit Floor Number
3
Construction
CBS Construction
Cooling
Electric
Equipment
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring
Tile, Wood
Heating
Electric
Parking
1 Space, Additional Spaces Available, Parking-Under Building
Bedroom Description
Other
Security
Smoke Detector, Phone Entry, Secured Garage/Parking
Taxes
$6,685
View
Garden View
Unit Number
5
Total Floors
4
Stories
4
Price Per Sqft
$613

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of VantaSure Realty LLC, Contact: