Miami Art Week 2026Upcoming
15 exhibitions within 1 mile
Art Week Score 75 · #13 in South Beach
#13 in South Beach · #13 in Miami
Nearest: What Water Remembers, <0.1 mi away
For sale
1
0 pending · 12.0 mo supply
Median asking
$385K
from $385K
Median $/sqft
$522/sqft
$462/sqft sold, 12 mo
Days on market
259
126 to sell · 1 in 12 mo
0 of 1 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Michigan Place is situated in the heart of Miami Beach's Art Deco Historic District. The building is located near Lincoln Road and provides proximity to the beach, dining, and shopping.
The property features a mix of residential styles, including units with high ceilings and a three-level townhome with a private rooftop terrace and panoramic views of South Beach.
Live near more of Miami
What surrounds Michigan Place: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
66 / 100
Nearest Publix: Publix at Publix Super Market, 0.4 mi
#47 in South Beach · #187 in Miami
Walk over, walk back, one bag per hand.
3 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
51
/ 100
B−
own.miami Score
A data-grounded score for Michigan Place from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value29
$522/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity32
12.0 months of supply · 259 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age4
Built 1936 — vs. South Beach buildings
own.miami Condo Index
91At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#417 of 698 tracked Miami condos
Top 60% by price per sq ft
#96 of 121 in South Beach
Momentum
→ Steady
$522/sqft median ask
Liquidity
Balanced
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Inventory
Sold $/sqft trend
3-month rolling median of closed sales in Michigan Place; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1600 Michigan Ave
- Year built
- 1936
- Floors
- 4
- Residences
- 9
- Developer
- Michigan Place Development Group, LLC
- Waterfront
- No
Amenities
- · Gated entry
Building rules
- Parking
- The property includes a three-level townhome with two covered parking spaces.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Listings note no special assessment currently
- Built 1936 — past its first structural milestone; next inspection around 2031
Estimated from Michigan Place’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 Michigan Place: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 2
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- —
- 1 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 2
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
- 2.9 ft
- Lowest nearby street
- 2.1 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.1 ft above this year’s highest predicted tide (Oct 27, 2026).
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
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR71420 · 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
How much do condos at Michigan Place cost?+
There are 1 condos for sale at Michigan Place, from $385,000, with a median asking price of $385,000 ($522/sqft).
How much are the HOA fees at Michigan Place?+
HOA / maintenance fees at Michigan Place run around $800 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Michigan Place built?+
Michigan Place was built in 1936, 4 stories, 9 residences.
Who developed Michigan Place?+
Michigan Place was developed by Michigan Place Development Group, LLC.
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