# Absolut

As of 2026-10-28, Absolut in South Beach has 0 units for sale at a median asking price of — (—); 2 units sold in the last 12 months.

Absolut is a boutique condominium located in the South of Fifth neighborhood of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 245 Michigan Ave |
| Neighborhood | South of Fifth, South Beach |
| Year built | 2004 |
| Floors | 4 |
| Units | 19 |
| Waterfront | no |
| Developer | South Pointe |
| For sale | 0 |
| Pending | 0 |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $815/sqft |
| Months of inventory | 0.0 |
| Parking | The building offers assigned parking, as well as bike and motorcycle storage. |

## Own Miami measures

- **own.miami Building Score: 78 (A)**
  - Value: 76 — $815/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 94 — 0.0 months of supply
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 55 — Not waterfront
  - Age: 62 — Built 2004 — vs. South Beach buildings
- **Own Miami Condo Index: 114** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 268 of 698 tracked Miami condos)
- **Financeability Index: 47** (limited; 12-month window, 2 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-30: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months)

## Frequently asked questions

**When was Absolut built?**

Absolut was built in 2004, 4 stories, 19 residences.

**Who developed Absolut?**

Absolut was developed by South Pointe.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Absolut](https://own.miami/buildings/absolut/for-sale)
- [Continuum On South Beach](https://own.miami/buildings/continuum-on-south-beach)
- [The Floridian](https://own.miami/buildings/the-floridian)
- [The Waverly at South Beach](https://own.miami/buildings/the-waverly-at-south-beac)
- [The Meridian](https://own.miami/buildings/the-meridian)

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Source: Own.Miami — https://own.miami · data as of 2026-10-28
Canonical page: https://own.miami/buildings/absolut
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai