# Michigan Place

As of 2026-10-06, Michigan Place in South Beach has 1 units for sale at a median asking price of $385K ($522/sqft); 1 units sold in the last 12 months.

Michigan Place is a residence located in the Art Deco Historic District of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 1600 Michigan Ave |
| Neighborhood | South Beach |
| Year built | 1936 |
| Floors | 4 |
| Units | 9 |
| Waterfront | no |
| Developer | Michigan Place Development Group, LLC |
| For sale | 1 |
| Pending | 0 |
| Median asking price | $385,000 |
| Median asking $/sqft | $522/sqft |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $462/sqft |
| Months of inventory | 12.0 |
| Median HOA | $800/mo |
| Parking | The property includes a three-level townhome with two covered parking spaces. |

## Own Miami measures

- **own.miami Building Score: 51 (B−)**
  - Value: 29 — $522/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 32 — 12.0 months of supply · 259 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 55 — Not waterfront
  - Age: 4 — Built 1936 — vs. South Beach buildings
- **Own Miami Condo Index: 91** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 417 of 698 tracked Miami condos)
- **Financeability Index: 37** (limited; 12-month window, 2 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2031)

## 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, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Michigan Place](https://own.miami/buildings/michigan-place/for-sale)
- [Drake](https://own.miami/buildings/drake)
- [Jasmine](https://own.miami/buildings/jasmine)
- [Beachway](https://own.miami/buildings/beachway)
- [Euclid 600](https://own.miami/buildings/euclid-600)

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Source: Own.Miami — https://own.miami · data as of 2026-10-06
Canonical page: https://own.miami/buildings/michigan-place
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