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716 Michigan Avenue

716 Michigan Avenue, Miami Beach, FL 33139
3 Units For Sale
Unit for sale at 716 Michigan Ave, Miami Beach, FL 33139

$299,900 In Contract

  • 1 Bed
  • 1 Bath
  • 750 ft²
716 Michigan Ave #503, Miami Beach, FL 33139 Listing by Armando Alvarez

Unit for sale at 716 Michigan Ave, Miami Beach, FL 33139

$315,000 In Contract

  • 1 Bed
  • 1 Bath
  • 740 ft²
716 Michigan Ave #502, Miami Beach, FL 33139 Listing by Roberto Cuneo

Unit for sale at 716 Michigan Ave, Miami Beach, FL 33139

$275,000 In Contract

  • 1 Bed
  • 1 Bath
  • 740 ft²
716 Michigan Ave #202, Miami Beach, FL 33139 Listing by Francesco Cecchini

716 Michigan Avenue is a condo located in Flamingo - Lummus, Miami Beach. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 203 days and tend to sell below the original asking price of $199,900 by 5.24%. Meaning, listings tend to sell at a median of $267 price per square foot. The transaction that took the longest to complete was unit 503, listed on Mar 28, 2019 for $210,000. This particular unit ultimately sold 203 days later for $199,000. The most recent transaction was for unit 503, which was first advertised on Mar 28, 2019, sold for $199,000 on Oct 17, 2019. Fun fact, the oldest transaction we have on record took place on Nov 03, 2009. See the full transaction history for 716 Michigan Avenue below.

Flamingo - Lummus, where 716 Michigan Avenue is located, has a median asking price of $295,000 for condo buildings. Meanwhile, the building itself has a median asking price of $199,900. For interested buyers, that means the building's median asking price is around 0.32% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $315,000. It is a 740 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $275,000. It is a 740 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 3 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $299,900. Collectively, the median square footage of these active units for sale is 740 sqft. Active units for sale at 716 Michigan Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.

Building Features

Parking

Assigned Parking
Covered Parking
Detached Garage
Attached Garage

Exterior

Block Exterior

Condition

New Construction

Facilities

Laundry Room

Accessibility

Elevators
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231011 Unit 501
10/11/2023
501
1 Bed
1 Bath
710 ft²
$315,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
710 ft²
$290,000 -7.94%
11/09/2023
-
Roberto Cuneo
Coldwell Banker Realty
20200226 Unit 502
02/26/2020
502
1 Bed
1 Bath
740 ft²
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
740 ft²
-
-
-
Herve Barbera
BAR Invest Realty LLC
20190328 Unit 503
03/28/2019
503
1 Bed
1 Bath
750 ft²
$210,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 ft²
$199,000 -5.24%
10/17/2019
Bianca Guevara
Luxe Properties
20180804 Unit 503
08/04/2018
503
1 Bed
1 Bath
750 ft²
$250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 ft²
-
-
-
Vivian Fernandez
RE/MAX Real Estate

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MICHIGAN TOWERS CONDO OCEAN BEACH ADDN N
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MICHIGAN TOWERS CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 6 BLK 96

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004405

Zoning

  • Zoning: 4900

Geography

  • District: 02
  • Parcel: 02-4203-116-0001
  • Block: 96
  • Lot: 6
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7774
  • Longitude: -80.1387

    Address

  • Full Address: 716 Michigan Ave
  • Address - House Number: 716
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C004
  • 4-Digit Zip Code: 6051
  • Zip Code: 33139

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.2703
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 351,767
  • High Value: 446,868
  • Low Value: 256,666

    Assessments Valuation

  • Assessed Year: 2023

About Flamingo - Lummus



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Frequently Asked Questions

What neighborhood is 716 Michigan Avenue located in?
The 716 Michigan Avenue is a condo located in the neighborhood of Flamingo - Lummus in Flamingo - Lummus, Miami Beach.
How many listings are currently for sale in 716 Michigan Avenue?
There are three listings currently on the market for sale.
What is the average sales price for listings in 716 Michigan Avenue?
The average sales price for units in 716 Michigan Avenue is $199,900 , or $267/sqft. currently.

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