Start the unit tour →

$255,000

524 Washington Ave #203, Miami Beach, FL 33139

Bedrooms
1
Baths
1
Living area
418 ft²
Price per ft²
$610 / ft²
Type
Condo
Year built
1967
HOA
$900 / mo HOA
On market
2 days on market
MLS #
A12108309

Charming residence in one of South Beach's most desirable locations, right at the gateway to the exclusive South of Fifth neighborhood! Just two blocks from the beach, this inviting unit features a private balcony and a coveted assigned parking space; a true luxury in South Beach. Enjoy the best of Miami Beach living with world-class dining, shopping, entertainment, and the ocean just steps away. Perfect as an investment property or a stylish pied-à-terre in the heart of it all. Currently tenant-occupied through May 2027, making it especially appealing to investors seeking a property with an existing tenant. Location, convenience, and South Beach lifestyle all in one!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $610. The median for recorded sales in the same ZIP codes is $606/ft² — putting it close to the median.
  • Position in the area’s price distributionThe asking price is $255,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 57% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $900 per month comes to $10,800 a year — 4.2% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$76,500
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$1,236
Loan amount
$178,500
Total interest over the term
$266,423
Total repaid
$444,923

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

LPT Realty, LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

See this property in person

Formu doldurun, uygun gezi saatlerini aynı gün içinde iletelim. Miami’de değilseniz canlı video tur da ayarlayabiliriz.

Hesabınız kontrol ediliyor…

This form is provided by GoHighLevel

To show the form we need to load a third-party service that uses cookies. With your consent the form opens immediately; you can also reach us on WhatsApp or by phone.

Privacy Policy
CallWhatsApp