HomeCondos for SaleAbsolut CondoUnit LP-4
245 Michigan Ave, Unit LP-4
+29 more
$1.2M

Absolut Condo Unit LP-4

245 Michigan Ave, Unit LP-4 • Miami Beach, FL 33139

at Absolut Condo

Beds
2
Baths
2
Living Area
1,488 SF
Price / SF
$803
HOA / Monthly
$1,025
Days on Market
55

About This Unit

Unique architectural two-story loft penthouse with a private rooftop terrace in the heart of South of Fifth (SoFi). Defined by soaring 16-foot ceilings and dramatic floor-to-ceiling impact windows, the double-height living space is filled with natural light and showcases western exposures with stunning sunset views toward Biscayne Bay. This two-bedroom, two-bathroom residence offers 1,488 sq ft of interior living space. A standout feature is the private 332 sq ft rooftop terrace, accessed separately from the main living areas, offering sweeping views of Fisher Island, the Port of Miami, and Miami Beach sunsets—ideal for entertaining or relaxing above it all. The updated kitchen features Bosch appliances, modern cabinetry, and upgraded finishes, complemented by renovated bathrooms and dual walk-in closets with custom built-ins. Built in 2004, the residence includes two assigned parking spaces, bike and motorcycle storage, and pet-friendly policies. The boutique building offers a low HOA and has completed major improvements, including a renovated pool, modernized elevators, and upgraded security. Located moments from South Pointe Park, the marina, beach access, Whole Foods, Pura Vida, cafés, and top dining, this penthouse offers a rare opportunity in one of Miami Beach’s most desirable neighborhoods.

Pricing at Absolut Condo — $803/sqft
Absolut Condo Unit LP-4 is listed at $803/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Absolut Condo.
Time on Market — 55 days
Absolut Condo Unit LP-4 has been on the market for 55 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,395,000. Reduced to $1,195,000 on Apr 7, 2026 (after 56 days on market) — -14.3% (−$200,000).
Estimated Monthly Cost
Mortgage (P&I)
$6,489
HOA
$1,025
Property Tax
$1,032
Total / mo
$8,546
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.04%. HOA $0.69/sqft · All-in $5.74/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2004 (22 years old).
Verify all of the above with the HOA before closing.
Building: Absolut Condo
Unit: LP-4
Year Built: 2004
Stories: 4
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,025 / Monthly
View: Bay, Garden View, Skyline
Waterfront: No
Private Pool: No
Heating: Electric
Cooling: Electric
Days on Market: 55
Listed: February 11, 2026
MLS #: A11961071

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Douglas Elliman
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11961071 • Updated Apr 7, 2026 • Photos uploaded 59 days ago.