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Updated 3 hours ago

245 Michigan Ave Unit Lg5


Miami Beach, FL

3 Bed
•
3 Bath

1,798 Sq. Ft.

Available Now
Floor plans
3 Beds • 3 Bath
$9,900
1798 ft2
1 Available
Managed By: avail
Rare- 3BR/3BA loft over 1798 sq ft. with a private garden- South of 5th- MB
$9,900
Available Now
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245 Michigan Ave Unit Lg5
245 Michigan Ave Unit Lg5
245 Michigan Ave Unit Lg5
Fees & leasing info
Lease & Fees
Security Deposit: $9,900.00
Property details
Description

Experience elevated living in South of Fifth—Miami Beach’s most coveted neighborhood.
This rare 3BR/3BA loft features a bright, open layout with dramatic 18-foot ceilings, sleek terrazzo floors, and a renovated open-concept kitchen built for entertaining. The spacious primary suite offers a true private retreat, while your personal lush garden with direct street access delivers an indoor-outdoor lifestyle unique to the area.
Interior: 3 Bedrooms | 3 Bathrooms | 18-ft Ceilings | Terrazzo Flooring | Modern Kitchen
Amenities: Private Garden & Direct Street Entrance | Assigned Parking | Rooftop Access | Resort-Style Pool
Location: 3 blocks to the beach, 1 block to the marina. Steps from South Pointe Park, top-tier dining, and fitness studios.
Flexibility: Available unfurnished or partially furnished.
Contact Liza for any questions and to coordinate an appointment.
Courtesy of Compass Florida LLC.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 hours ago
Contact Number: (954) 270-3718
Internet Providers
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Acquisitions Cogeco Cable Holdings II Inc. 1000.0 884.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 245 Michigan Ave Unit Lg5 by bedroom type below.
3 Bedroom
Suggested income:
$356,400
per year
Rent report

245 Michigan Ave Unit Lg5 Rent vs. Miami Beach Average

 245 Michigan Ave Unit Lg5      Miami Beach Average
3BR
$9,900
$6,060
$0
$3,250
$6,500
$9,750
$13,000

245 Michigan Ave Unit Lg5 is asking 63% more than the average 3 bedroom apartment in Miami Beach.

If you upsized to an average priced Miami Beach 4 bedroom apartment, you would pay 79% more per month.

If you downsized to an average priced Miami Beach 2 bedroom apartment, you would pay 10% less per month.

245 Michigan Ave Unit Lg5 provides 30% more square footage than the average Miami Beach 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
245 Michigan Ave Unit Lg5
3BR $9,900 $5.50 $29,700
Miami Beach Average
Studio $2,575 $3.90 $7,724
1BR $3,030 $2.30 $9,089
2BR $5,493 $5.00 $16,478
3BR $6,060 $4.40 $18,180
4BR $28,355 $8.80 $85,066

Availability in Miami Beach

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 163 1BR units on the market in Miami Beach. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 46% 30% 4% 2%
Available Units in Miami Beach
Studio 62
1BR 163
2BR 106
3BR 13
4BR 7
Location
Nearby Colleges

Miami Dade College

Miami International University of Art and Design

Barry University

University of Miami

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,798 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
245 Michigan Ave Unit Lg5 has a 3 bedroom unit starting at $9,900.
Where is this property located?
This property is at 245 Michigan Ave Unit Lg5 in Miami Beach, FL. It's 1.3 miles southwest from the center of Miami Beach.
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