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551 Michigan Ave551 Michigan Ave, Miami Beach, FL 33139, USA
Condo for rent
| Monthly rent | $2,000–$2,100 |
|---|---|
| Beds | 1 |
| Baths | 1 |
| Sqft | 504–521 |
5+ Days Ago
1 Bed 1 bath unit
Address details
| Units | 14 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 33139 |
Property Overview
Located in a quiet neighborhood, this newly renovated boutique building features an open modern layout, stainless steel appliances, and ample closet space. With its high ranking in value for money, proximity to a top-rated elementary school, and an extensive photo collection, the property presents a compelling opportunity for potential residents seeking comfort and convenience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
- Images available
Great for
Social life
Highlights
- abundant closet space
- quiet neighborhood
- stainless steel appliances
- wooden floors
- modern open layout
- newly renovated boutique building
Units
551 Michigan Ave, Miami Beach, FL
551 Michigan Ave Miami Beach, FL
Available
122
1 Bed
1 Bath
$2,000
Hardwood Floor • On-Site Laundry • High Ceilings
Available
123
1 Bed
1 Bath
$2,100
Walk-In Closets • Dishwasher • Furnished • In-Unit Laundry • Hardwood Floor
Amenities for 551 Michigan Ave
Some units at this address have these amenities. View unit details for more information.
Building
- Dogs Ok
- Cats Ok
- On-Site Laundry
- Outdoor Space
Unit Amenities
- Hardwood Floor
- On-Site Laundry
- High Ceilings
- Walk-In Closets
- Dishwasher
- Furnished
- In-Unit Laundry
- Assigned Parking
- Air Conditioning
Policies at 551 Michigan Ave
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 551 Michigan Ave
Discover the perfect retreat at 551 Michigan Ave, Miami Beach, FL 33139, nestled in the vibrant Flamingo-Lummus neighborhood. This boutique building consists of 14 units, offering a cozy 1-bedroom floorplan with sizes ranging from 504 to 521 square feet. Enjoy the best of modern living with abundant closet space, stainless steel appliances, and wooden floors, all within a quiet neighborhood. Take advantage of the outdoor space, on-site laundry, and walk-in closet. Additional amenities include hardwood floors and a dishwasher. With top-rated schools nearby, including an A- or higher rated elementary and high school, this property offers the perfect blend of comfort and convenience. Note that this property is not pet-friendly and offers furnished units for long-term rentals only.
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Address details
| Units | 14 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 33139 |
551 Michigan Ave #122 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 551 Michigan Ave, Miami Beach, FL 33139, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Miami Beach
1-bedroom apartments here are priced 2% lower than 1-bedrooms in Flamingo - Lummus.
Median rents as of Nov 15 2025.
Flamingo - Lummus
Miami Beach
| Month | Median Rent |
|---|---|
| December 2023 | $1,955 |
| January 2024 | $1,999 |
| February 2024 | $2,000 |
| March 2024 | $2,000 |
| April 2024 | $2,064 |
| May 2024 | $2,033 |
| June 2024 | $1,999 |
| July 2024 | $1,950 |
| August 2024 | $1,900 |
| September 2024 | $1,900 |
| October 2024 | $1,887 |
| November 2024 | $1,930 |
| December 2024 | $1,950 |
| January 2025 | $1,900 |
| February 2025 | $1,868 |
| March 2025 | $1,960 |
| April 2025 | $1,925 |
| May 2025 | $1,978 |
| June 2025 | $1,987 |
| July 2025 | $1,955 |
| August 2025 | $1,942 |
| September 2025 | $1,914 |
| October 2025 | $1,900 |
| November 2025 | $1,933 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,788 |
| January 2024 | $1,779 |
| February 2024 | $1,850 |
| March 2024 | $1,805 |
| April 2024 | $1,800 |
| May 2024 | $1,800 |
| June 2024 | $1,800 |
| July 2024 | $1,800 |
| August 2024 | $1,800 |
| September 2024 | $1,799 |
| October 2024 | $1,762 |
| November 2024 | $1,790 |
| December 2024 | $1,850 |
| January 2025 | $1,812 |
| February 2025 | $1,800 |
| March 2025 | $1,835 |
| April 2025 | $1,837 |
| May 2025 | $1,800 |
| June 2025 | $1,797 |
| July 2025 | $1,750 |
| August 2025 | $1,771 |
| September 2025 | $1,760 |
| October 2025 | $1,758 |
| November 2025 | $1,750 |
Affordability calculator
Can I afford to live at 551 Michigan Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$82,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $82,000 annually to afford this 1-bedroom median monthly rent price of $2,050.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $2,000 | 1 bed | 1 bath | ||
| 11 months ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $2,100 | 1 bed | 1 bath |
Schools near 551 Michigan Ave #122
South Pointe Elementary School
1050 4th st
miami beach, FL, 33139
PK, K-5Public
A-
Miami-Dade Virtual High School Franchise
1501 ne 2nd ave
miami, FL, 33132
K-12Public
B
Chapman Partnership North Early Childhood Center
1550 n miami ave
miami, FL, 33136
PKPublic
Thena Crowder Early Childhood Diagnostic Special Education Center
757 nw 66th st
miami, FL, 33150
PK, KPublic
Teenage Parent Program
6300 nw 27th ave rm 92
miami, FL, 33147
PKPublic
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Getting around Miami Beach near 551 Michigan Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 551 Michigan Ave, Miami Beach
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 551 Michigan Ave
Michigan Market Inc
531 Michigan Ave
Allegro Fresh Marketers
1000 5th St
Meridian Food Market
812 6th St
Publix
1100 6th St
Calle 6 Food Market
630 6th St
Naughty Rooster
1019 5th St
Burlington
1045 5th St
Target
1045 5th St
Avenue Plus Inc
1000 5th St
Fashion Market LLC
1000 5th St
Starbucks
1045 5th St
IL Macchiato
418 Meridian Ave
Under the Mango Tree
737 5th St
Coffee & Crepes Inc
710 Washington Ave
Jamba
673 Collins Ave
S Beach Nightclub Promotions
1000 5th St
Minibar
418 Meridian Ave
Sophie's Bar LLC
418 Meridian Ave
Orilla Bar & Grill
426 Euclid Ave
Queen Miami Beach
550 Washington Ave
Smart Healthy Foods Inc
544 Michigan Ave
Sciuri LLC
541 Jefferson Ave
The Vitamin Shoppe
1119 5th St
Natural Life Center & Drugless
628 6th St
Pura Vida
110 Washington Ave
Marjory Stoneman Douglas Ocean Beach Park
Flamingo Park
Lummus Park
South Pointe Park
Buoy Park
Yo Le Pongo Sazon LLC
420 Jefferson Ave
Lenox Ave
429 Lenox Ave
Original Restaurants LLC
418 Meridian Ave
Burger King
1100 5th St
Buon Pane Italiano
729 5th St
5 ST & MICHIGAN AV
DOWNTOWN-AVENTURA MALL VIA MIABEACH
5 ST & MICHIGAN AV
DOWNTOWN-AVENTURA MALL VIA MIABEACH
5 ST & MERIDIAN AV
DOWNTOWN-AVENTURA MALL VIA MIABEACH
6 ST@LENNOX AV
City of Miami Beach - SoBeach B Rte
6th Street / Lenox Ave
South Beach Loop
MiamiCentral
Mainline, Mainline
GOVERNMENT CTR.STAT.RAIL NORTHBOUND
REGULAR METRORAIL SERVICE
GOVERNMENT CTR.STAT.RAIL SOUTHBOUND
REGULAR METRORAIL SERVICE
MiamiCentral Station
Downtown Miami Link
HISTORIC OVERTOWN/LYRIC THEATRE STAT.RAIL NORTHBOUND
REGULAR METRORAIL SERVICE
BAYFRONT PARK METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER INNER LOOP, METROMOVER OMNI/BRICKELL OUTER LOOP
BISCAYNE BD@E FLAGLER ST
METROMOVER INNER LOOP
MUSEUM PARK METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER OMNI/BRICKELL OUTER LOOP
FIRST STREET METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER INNER LOOP
COLLEGE / BAYSIDE METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP
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