Active Listings
For Sale (1)
$1.5M
Unit 12 bd3 ba1,456 sf
$1030/SF58 DOM
For Rent (1)
$2K
Unit 2211 bd1 ba521 sf
$5/SF29 DOM
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What we cover
551 Michigan Ave, Miami Beach 33139
Data as of June 2026
1945
Year Built
10
Units
CI Score
Moderate
1
For Sale
$1.5M
Avg Price
$1,030
Sale $/SF
1
For Rent
—
Avg Rent
$4.61
Rent $/SF
+50.0%
YoY
For Sale
1
For Rent
1
Investor-Owned
90%
Avg HOA
$1,994/mo
Address
551 Michigan Ave, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1945
Total Units
10
Avg Unit Sqft
495 SF
Tier
Luxury
Avg $/SF
$1,030.22
Rent $/SF
$4.61/SF
HOA Range
$1,994 – $1,994
Neighborhood Rank
Top 6%
Avg Unit Value
$189K
Total Sales (All-Time)
23
Sale Price Trend ($/SF)
$552
Rental Price Trend ($/SF)
$3.84
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (1)
$1.5M
Unit 1For Rent (1)
$2K
Unit 221Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Sep 17, 2025 | $235K | $551.64 | 1/1 | 426 |
| Nov 6, 2024 | $265K | $508.64 | 1/1 | 521 |
| May 15, 2023 | $1.1M | $751.37 | 2/— | 1,464 |
| Feb 28, 2023 | $285K | $565.48 | 1/1 | 504 |
| Nov 30, 2021 | $280K | $537.43 | 1/1 | 521 |
| Apr 5, 2021 | $170K | $337.3 | 1/1 | 504 |
| Oct 20, 2020 | $188K | $372.02 | 1/1 | 504 |
| Sep 30, 2020 | $180K | $357.14 | 1/1 | 504 |
| Sep 16, 2019 | $183K | $362.1 | 1/1 | 504 |
| Feb 7, 2019 | $165K | $327.38 | 1/1 | 504 |
| Nov 30, 2016 | $210K | $492.96 | 1/1 | 426 |
| May 31, 2016 | $245K | $575.12 | 1/1 | 426 |
| Feb 29, 2016 | $270K | $535.71 | 1/1 | 504 |
| Jun 22, 2015 | $315K | $604.61 | 1/1 | 521 |
| May 5, 2015 | $199K | $394.84 | 1/1 | 504 |
| May 5, 2015 | $187K | $371.23 | 1/1 | 504 |
| May 5, 2015 | $320K | $614.2 | 1/1 | 521 |
| May 5, 2015 | $178K | $417.14 | 1/1 | 426 |
| May 5, 2015 | $265K | $508.64 | 1/1 | 521 |
| May 5, 2015 | $187K | $371.03 | 1/1 | 504 |
| May 5, 2015 | $187K | $371.23 | 1/1 | 504 |
| May 5, 2015 | $283K | $542.23 | 1/1 | 521 |
| May 5, 2015 | $178K | $417.14 | 1/1 | 426 |
Total Units
10
Avg Sqft
495 SF
Avg Assessed
$189K
Owner-Occupied
10%
Tax & Ownership
Investor-Owned
90%
Owner-Occupied
10%
Avg Assessed Value
$189K
Avg Taxable Value
$184K
Effective Year Built
1945
Zoning
0000
Unit Mix
Avg 495 SF
Unit Directory
10 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 121 | 1 | 1 | 521 | $193K | — | $265K | $509 | Nov 2024 |
| 122 | 1 | 1 | 521 | $193K | — | $265K | $509 | May 2015 |
| 123 | 1 | 1 | 504 | $188K | — | $285K | $565 | Feb 2023 |
| 124 | 1 | 1 | 504 | $188K | — | $170K | $337 | Apr 2021 |
| 125 | 1 | 1 | 426 | $184K | — | $245K | $575 | May 2016 |
| 221 | 1 | 1 | 521 | $193K | — | $280K | $537 | Nov 2021 |
| 222 | 1 | 1 | 521 | $193K | — | $320K | $614 | May 2015 |
| 223 | 1 | 1 | 504 | $188K | ✓ | $188K | $372 | Oct 2020 |
| 224 | 1 | 1 | 504 | $188K | — | $270K | $536 | Feb 2016 |
| 225 | 1 | 1 | 426 | $184K | — | $210K | $493 | Nov 2016 |
Top Agents in This Building
Gary Hennes Realtors
Coldwell Banker
Julie's Realty
Luxe Living Realty
Compass
Compass
Metrocoma RealtyTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
| Gary Hennes Realtors | 1 | 2 | $2.2M |
| Compass | 2 | 2 | $500K |
| Coldwell Banker | 1 | 1 | $285K |
| Julie's Realty | 1 | 1 | $285K |
| Luxe Living Realty | 1 | 1 | $280K |
85.1South Beach · 1966
$453.74/SF
84.8South Beach · 1936
$503.02/SF
81.9South Beach · 1964
$2,138.74/SF
80.2South Beach · 2015
$4,426.08/SF
79.9South Beach · 2014
$296.05/SF
79.4South Beach · 2003
$658.12/SF
77.9South Beach · 1957
$379.03/SF
76.9South Beach · 1949
$502.6/SF
76.8South Beach · 1985
$526.1/SF
76.8South Beach · 1970
$756.88/SF
Closed condo sales at 551/551 MICHIGAN CONDO have averaged about $1,030 per square foot.
The median list price of active units for sale at 551/551 MICHIGAN CONDO is $1.5M.
There is currently 1 active unit for sale at 551/551 MICHIGAN CONDO.
551/551 MICHIGAN CONDO has 10 units.
551/551 MICHIGAN CONDO was built in 1945.
551/551 MICHIGAN CONDO has a CI Score of 60 out of 100, a proprietary investment rating explained on our methodology page. How the CI Score works →
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Neighborhood
South Beach →
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Building Snapshot