245 Michigan Ave · Miami Beach, FL 33139 · South Beach

Absolut

4-story low-rise, completed 2004, 19 residences in South Beach. Nothing listed on Nov 2, 2026; 2 sales closed in the last 12 months.

Tell me your unit and I'll prepare its value myself, from Absolut's closed sales and what is listed now. Then we talk it through.

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At a glance Absolut (245 Michigan Ave, South Beach) is a 4-story, 19-unit building completed in 2004. As of Nov 2, 2026, no unit is listed for sale or for rent; the median closed price was $727 per square foot over 3 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
0
For rent
0
Median $/SF
$7273 sales · 24 mo
Sold
2last 12 months
Built
2004
Floors
4
Residences
19county
Flood zone
AEFEMA
Owner-occupied
37%
Avg. unit
1,514sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Absolut.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Under contract 1

  • Unit LG-5$9,990/mo · 3 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Absolut.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Oct 28, 2026; 16 sales are on record since 2019.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Built in 2004, Absolut is a four-story low-rise at 245 Michigan Ave in South Beach. The Miami-Dade Property Appraiser lists 19 residential units, averaging 1,514 SF of living area.

Nothing was listed for sale on November 2, 2026. Two sales closed between November 2, 2025 and November 2, 2026, from $1.1M to $1.6M, $712 and $918/SF. The year before saw one closed sale.

One lease was signed over the same 12 months, at $6,000 a month.

About 37% of the residences are owner-occupied according to county records.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
245 Michigan Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
2004
Floors
4
Residences (county-verified)
19
Owner-occupied
37% of residences
Avg. unit size
1,514 sq ft
Total living area
28,759 sq ft
County condo folios
19
Recorded MLS listings
27

The numbers at Absolut.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$444$888$3812019$3982020$5012021$8882022$8512023$8752024$7272025$8152026$444$888$381'19'20'21$888'22'23$875'24'25$815'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$815*1$6,000/mo*
20251$727*––
20242$875*––
20231$851*2$5,400/mo*
20222$888*1$4,700/mo*
20216$501––
20201$398*5$3,500/mo
20191$381*2$4,300/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 16 sales · 11 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 3

UnitBDBASFAskedClosed$/SFClose dateDOM
LG-5331,798$1,749,999$1,650,000$918Oct 28, 202649
LP-4221,488$1,145,000$1,060,000$712Oct 9, 2026183
LP-8221,444$1,190,000$1,050,000$727May 28, 2025189

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
LG-9221,444$6,000/mo$6,000/mo$4.16May 29, 20260

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Absolut.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2034

Due by statute by December 31, 2034, 30 years after 2004, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2029.
  • Based on year built 2004 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Absolut

5 more nearby

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Absolut's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Absolut lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group