Atlantic Luxury Advisors
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26 photos

227 Michigan Ave #405

Miami Beach, FL 33139

$665,000
2
2
940 sq ft
2000
2 car
Condominium
$1,211/mo
1
Active

Listing courtesy of Venture Realty LLC (John Mattocks). Contact: [email protected].

About this home

Exceptional value in South of Fifth. Tucked on a quiet, tree-lined street in one of Miami Beach’s most coveted neighborhoods, this corner 2-bedroom, 2-bath residence offers a desirable South Beach lifestyle in a premier walkable setting. Hardwood floors and multiple impact-glass sliding doors bring natural light into the living areas and create an easy indoor-outdoor connection. The oversized private terrace extends the living space, offering room for outdoor dining, relaxing, and enjoying sunset skies. The residence includes an in-unit washer/dryer, a newer A/C system, and two assigned covered parking spaces, a rare convenience in South of Fifth, plus access to the building’s pool. Conveniently located near Miami Beach South Pointe Elementary School and just moments from the beach, South Pointe Park, the marina, and acclaimed dining, this is an opportunity to own in one of Miami Beach’s most sought-after walkable neighborhoods.

What it costs to own
Estimated monthly payment
$5,952/mo
Principal and interest
$3,363
Property tax
$961
Homeowners insurance
$417
HOA
$1,211

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$11,537/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,211/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.