Miami Art Week 2026Upcoming
5 exhibitions within 1 mile
Art Week Score 56 · #110 in South Beach
#110 in South Beach · #157 in Miami
Nearest: Joseph's Machines brunch at the Jewish Museum of Florida, 0.2 mi away
For sale
0
0 pending
Sold, 12 months
2
3 recorded sales
Last sale
$1.65M
Oct 28, 2026
Last sale, per sqft
$918/sqft
$815/sqft sold, 12 mo
Stay ahead
No units for sale right now
2 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.
Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.
Absolut is a boutique condominium situated on a quiet, tree-lined street in the South of Fifth neighborhood. The building features a gated entrance and is located near South Pointe Park, the beach, and the marina.
The building has undergone major improvements, including a renovated pool, modernized elevators, and upgraded security. It offers a blend of boutique living with a low HOA fee.
Live near more of Miami
What surrounds Absolut: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
74 / 100
Nearest Publix: Publix at Fifth & Alton, 0.2 mi
#20 in South Beach · #90 in Miami
The bakery is practically your pantry.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
78
/ 100
A
own.miami Score
A data-grounded score for Absolut from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value76
$815/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age62
Built 2004 — vs. South Beach buildings
own.miami Condo Index
114At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#268 of 698 tracked Miami condos
Top 38% by price per sq ft
#50 of 121 in South Beach
Momentum
→ Steady
$815/sqft median ask
Liquidity
Hot
Inventory
$1,650,000Oct 28, 2026
3 bd · 3 ba · 1,798 sqft
245 Michigan Ave #LG-5
Listing courtesy of Compass Florida, LLC, Dimitri Joseph (Lic. #3291663) · MLS #A12052669
$1,060,000Oct 9, 2026
2 bd · 2 ba · 1,488 sqft
245 Michigan Ave #LP-4
Listing courtesy of Douglas Elliman, Fernanda Moreno (Lic. #3294215) · MLS #A11961071
$1,050,000May 28, 2025
2 bd · 2 ba · 1,444 sqft
245 Michigan Ave #LP-8
Listing courtesy of BHHS EWM Realty, Cristina Preti (Lic. #3114693) · MLS #A11689692
Sold $/sqft trend
3-month rolling median of closed sales in Absolut; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 245 Michigan Ave
- Year built
- 2004
- Floors
- 4
- Residences
- 19
- Developer
- South Pointe
- Waterfront
- No
Amenities
- · Rooftop access
- · Pool
- · Security
- · Bike and motorcycle storage
Building rules
- Parking
- The building offers assigned parking, as well as bike and motorcycle storage.
Special assessments & recertification outlook
WatchPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 2004 — its first 25-year structural milestone inspection is due around 2029
Estimated from Absolut’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Absolut: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 2
- 1 from banks and credit unions · purchases and refinances
- Sales bank-financed
- —
- 2 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 1Private lenders 1
Low confidence — few loans · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 1.7 ft
- Lowest nearby street
- 1.3 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 0.3 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 1
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR69060 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
When was Absolut built?+
Absolut was built in 2004, 4 stories, 19 residences.
Who developed Absolut?+
Absolut was developed by South Pointe.
Stay ahead
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If you like Absolut, compare
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The Waverly at South Beach
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16 for salefrom $485K$748/sqft
The Meridian
2001 Meridian Ave · 2005 · 11 floors
14 for salefrom $220K$745/sqft
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