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Set in Miami Beach’s South of Fifth neighborhood, the residence combines a prime, walkable location with modern condo living and on-site amenities. It is well-suited for those who value proximity to the beach, dining, and nightlife, as well as buyers or investors seeking a lock-and-leave home with building perks. Notable features and advantages include its desirable address, lifestyle convenience, and the benefits of a professionally managed condominium community.
Things you’ll love
Great for
Apartment Amenities
| Central Air | Furnished |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Swimming Pool |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?

Property Status: Active Rarely available top-floor corner residence in the highly sought-after South of Fifth neighborhood. This beautifully appointed 1-bedroom, 1-bathroom apartment offers abundant natural light and east-facing exposure, capturing stunning sunrise views over the pool and surrounding skyline. The unit is fully furnished and turnkey, thoughtfully designed for comfort and style—ready for immediate move-in. Enjoy the privacy and quiet of a top-floor corner layout, along with the convenience of one assigned parking space in the garage. Located in one of Miami Beach’s most desirable areas, just moments from the ocean, South Pointe Park, and the best dining South of Fifth has to offer. Available June 1st. Office Phone: (786) 899-1239 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 227 Michigan Ave, Miami Beach, FL 33139, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | South Pointe |
|---|---|
| Zip code | 33139 |
| Type | Apartment for rent |
1-bedroom apartments at 227 Michigan Ave #502 cost about 11% less than the average rent price for 1-bedroom apartments in Miami Beach.
| Month | Median Rent |
|---|---|
| May 2024 | $2,700 |
| June 2024 | $2,710 |
| July 2024 | $2,612 |
| August 2024 | $2,648 |
| September 2024 | $2,587 |
| October 2024 | $2,500 |
| November 2024 | $2,470 |
| December 2024 | $2,500 |
| January 2025 | $2,462 |
| February 2025 | $2,400 |
| March 2025 | $2,500 |
| April 2025 | $2,700 |
| May 2025 | $2,550 |
| June 2025 | $2,522 |
| July 2025 | $2,518 |
| August 2025 | $2,519 |
| September 2025 | $2,505 |
| October 2025 | $2,510 |
| November 2025 | $2,500 |
| December 2025 | $2,450 |
| January 2026 | $2,428 |
| February 2026 | $2,367 |
| March 2026 | $2,412 |
| April 2026 | $2,537 |
| Month | Median Rent |
|---|---|
| May 2024 | $3,533 |
| June 2024 | $3,650 |
| July 2024 | $3,412 |
| August 2024 | $3,080 |
| September 2024 | $3,000 |
| October 2024 | $2,725 |
| November 2024 | $3,390 |
| December 2024 | $3,374 |
| January 2025 | $3,050 |
| February 2025 | $3,668 |
| March 2025 | $3,760 |
| April 2025 | $3,712 |
| May 2025 | $3,510 |
| June 2025 | $3,500 |
| July 2025 | $3,385 |
| August 2025 | $3,500 |
| September 2025 | $3,400 |
| October 2025 | $3,152 |
| November 2025 | $2,935 |
| December 2025 | $2,925 |
| January 2026 | $3,035 |
| February 2026 | $3,337 |
| March 2026 | $3,218 |
| April 2026 | $3,731 |
Can I afford to live at 227 Michigan Ave #502?
Bedrooms
1 bedroomRent-to-income ratio
30%
$136,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $4,500 | 2 bed | 2 bath | ||
| 9 months ago | $4,500 | 2 bed | 2 bath | ||
| 10 months ago | $2,800 | 1 bed | 1 bath | ||
| 2 years ago | $5,499 | 2 bed | 2 bath | ||
| 4 years ago | $4,500 | 2 bed | 2 bath | ||
| 4 years ago | $2,500 | 1 bed | 1 bath | ||
| 5 years ago | $2,100 | 1 bed | 1 bath | ||
| 5 years ago | $2,100 | 1 bed | 1 bath | ||
| 5 years ago | $2,100 | 1 bed | 1 bath |
1050 4th st
miami beach, FL, 33139
mile marker 70 tamiami trail
miami, FL, 33194
1501 ne 2nd ave
miami, FL, 33132
1550 n miami ave
miami, FL, 33136
3250 sw 3rd ave
miami, FL, 33129
South Pointe | Miami Beach, FL
Occupied
1 Bed
1 Bath
$2,100
Occupied
1 Bed
1 Bath
$2,300
In-Unit Laundry • Assigned Parking • Balcony
Occupied
1 Bed
1 Bath
$2,450
Balcony • Air Conditioning • In-Unit Laundry • Dishwasher • Walk-In Closets • Assigned Parking
Occupied
1 Bed
1 Bath
$2,500
In-Unit Laundry • Assigned Parking
Occupied
1 Bed
1 Bath
$2,900
In-Unit Laundry • Balcony • Hardwood Floor • Walk-In Closets
Occupied
2 Beds
2 Baths
$2,890
High Ceilings
Occupied
2 Beds
2 Baths
$2,890
High Ceilings
Occupied
2 Beds
2 Baths
$2,900
In-Unit Laundry • Balcony • Hardwood Floor • Walk-In Closets
Occupied
2 Beds
2 Baths
$3,000
In-Unit Laundry • Assigned Parking • Balcony
Occupied
2 Beds
2 Baths
$3,400
Balcony • Air Conditioning • In-Unit Laundry • Dishwasher • Assigned Parking