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THE TERRACE CONDO 5
#MLS: A12029487
$ 599 000
Listing date06/02/2026
CityMiami Beach, FL 33139
Address945 Michigan Ave, #5
Area976 sqft
Tax/year$ 6 685
HOA$1456/Monthly
Built year2007
Bedrooms2
Bathrooms2
Garagetak

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 dont 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.

The terrace condo 5 for sale located at 945 Michigan Ave, #5 Miami Beach, FL 33139. If you want to buy THE TERRACE CONDO 5 Condominium - 945 Michigan Ave, #5 Miami Beach, FL 33139, call today!
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