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1600 Michigan Ave, Unit 1
+6 more
$385K

Michigan Place Condo Unit 1

1600 Michigan Ave, Unit 1 • Miami Beach, FL 33139

at Michigan Place Condo

Beds
1
Baths
1
Living Area
737 SF
Price / SF
$522
HOA / Monthly
$800
Days on Market
171

About This Unit

Welcome to this spacious 1-bedroom condo in the heart of South Beach! Offering 737 sq. ft., this bright residence features wood floors, a modern kitchen with stainless steel appliances, impact windows, and a sleek bathroom with marble flooring. Enjoy the convenience of an in-unit washer/dryer in a well-maintained building. Just steps from the beach, dining, and nightlife, this condo is the perfect retreat to experience Miami Beach living at its best!

Pricing at Michigan Place Condo — $522/sqft
Michigan Place Condo Unit 1 is listed at $522/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Michigan Place Condo.
Time on Market — 171 days
Michigan Place Condo Unit 1 has been on the market for 171 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $389,000. Reduced to $385,000 on Mar 10, 2026 (after 172 days on market) — -1.0% (−$4,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,091
HOA
$800
Property Tax
$379
Total / mo
$3,270
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.18%. HOA $1.09/sqft · All-in $4.44/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 1936 (90 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 1
Year Built: 1936
Stories: 2
City: Miami Beach
Postal Code: 33139
HOA Fee: $800 / Monthly
View: Garden View, Other View
Waterfront: No
Private Pool: No
Heating: Other
Cooling: Central Air
Days on Market: 171
Listed: September 20, 2025
MLS #: A11882103

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: Compass Florida, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11882103 • Updated Mar 10, 2026 • Photos uploaded 220 days ago — check listing for current condition.