Atlantic Luxury Advisors
557 Michigan Ave #211 W/PARKING photo 1557 Michigan Ave #211 W/PARKING photo 2557 Michigan Ave #211 W/PARKING photo 3557 Michigan Ave #211 W/PARKING photo 4557 Michigan Ave #211 W/PARKING photo 5

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557 Michigan Ave #211 W/PARKING

Miami Beach, FL 33139

$330,000
1
1
521 sq ft
1945
Condominium
$581/mo
0
Active

Listing courtesy of Compass Florida, LLC (Michelle Halfon). Contact: [email protected].

About this home

Spacious and well-maintained 1-bedroom, 1-bath residence in a charming boutique building in the heart of South Beach. This interior unit boasts a bright, open layout with vinyl flooring throughout, ample closet space, and a functional kitchen. Enjoy abundant natural light in a quiet setting just steps from Lincoln Road, Flamingo Park, restaurants, shopping, and public transportation, with easy access to the beach and major roadways. One assigned outdoor parking space included. Ideal for embracing the quintessential Miami Beach lifestyle.

What it costs to own
Estimated monthly payment
$2,903/mo
Principal and interest
$1,669
Property tax
$445
Homeowners insurance
$208
HOA
$581

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
$5,343/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
$581/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.