245 Michigan Ave

Miami Beach, FL 33139

$9,990/mo

3Beds

3Baths

1,798Sq ft

2004Year built

CondoType

About this home

Experience elevated living in this rarely available 3BR/3BA loft featuring one of the most desirable floor plans in the highly sought-after South of Fifth neighborhood in Miami Beach. Showcasing elegant terrazzo floors, dramatic 18-foot ceilings, and a bright open layout, this modern updated residence offers a sophisticated yet comfortable living experience. Featuring a sleek, open concept kitchen, ideal for both everyday living and entertaining. A spacious primary suite serves as a private retreat designed for comfort and relaxation. Enjoy seamless indoor-outdoor living with your own lush private garden and direct street access, a unique feature rarely found in the area. Additional highlights include assigned parking, rooftop access, and a resort-style pool, all within one of Miami Beach’s most coveted neighborhoods. Ideally located just three blocks from the beach and one block from the marina, residents can also enjoy being moments from South of Fifth’s renowned restaurants, upscale dining, fitness studios, South Pointe Park, and vibrant waterfront lifestyle. Available unfurnished or partially furnished.

Property details

Listing

MLS #: A12021306
Status: For sale
Listed on: May 18, 2026
Days on market: 87 days
Listing data updated: May 24, 2026

Interior

Beds: 3
Baths: 3
Living area: 1,798 ft²
Unit: LG-5

Building & community

Type: Condo
Year built: 2004
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?