557 Michigan Ave #115

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

• Price per square footThe asking price per ft² on this listing is $552. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 9% below the median.
• Position in the area’s price distributionThe asking price is $235,000; the median of recorded sales in the area is $586,000 (2,219 sales). On raw price that is 60% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.