Absolut
245 Michigan Avenue Lg-1, Miami Beach, FL 33139
South of Fifth
Folio 0242032800001
- Year built
- 2004
- Residences
- 19
- Building area
- 28,759 sq ft
- Median residence
- 1,469 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $1,469,400 · Dec 2025
- Median sale (10 yr)
- $825,000
- Recorded transfers
- 85
Absolut is a 19-residence boutique condominium building at 245 Michigan Avenue Lg-1, in South Beach, completed in 2004. It has a median residence of 1,469 square feet.
The recorded market runs to 63 arms-length sales since 2004, an annual turnover rate of 10 percent of the building over the past decade, and a median of $393 per square foot. Across 44 same-unit resales, 75 percent sold above their prior recorded price, with a median gain of 16 percent over a median hold of 4.6 years. The 5 sales since 2023 carry a median of $851 per square foot, against a record that opens in 2004 and spans several market cycles.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Sep 2004. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Dec 2025 | LG-2 | 1,445 sf | $1,469,400 | ✓ |
| May 2025 | LP-8 | 1,444 sf | $1,050,000 | ✓ |
| Apr 2024 | LP-9 | 1,444 sf | $1,379,000 | ✓ |
| Mar 2024 | LG-2 | 1,445 sf | $1,150,000 | ✓ |
| Jul 2023 | LG-5 | 1,798 sf | $1,530,000 | ✓ |
| Nov 2022 | LP-5 | 1,798 sf | $1,575,000 | ✓ |
| Jun 2022 | LP-9 | 1,444 sf | $1,300,000 | ✓ |
| Dec 2021 | LG-10 | 1,488 sf | $772,500 | ✓ |
| Sep 2021 | LP-10 | 1,488 sf | $825,000 | ✓ |
| Aug 2021 | LG-3 | 1,445 sf | $775,000 | ✓ |
| Jul 2021 | LG-6 | 1,741 sf | $850,000 | ✓ |
| Apr 2021 | LP-4 | 1,488 sf | $765,000 | ✓ |
| Apr 2021 | LG-4 | 1,488 sf | $710,000 | ✓ |
| Mar 2021 | LG-1 | 1,488 sf | $636,000 | ✓ |
| Dec 2020 | LP-3 | 1,445 sf | $575,000 | ✓ |
| Mar 2020 | LG-9 | 1,444 sf | $550,000 | ✓ |
| Nov 2019 | LP-9 | 1,444 sf | $550,000 | ✓ |
| May 2019 | LP-5 | 1,798 sf | $1,030,000 | ✓ |
| Mar 2018 | LG-7 | 1,469 sf | $680,000 | ✓ |
| Jul 2015 | LG-7 | 1,469 sf | $730,000 | ✓ |
| Dec 2014 | LP-4 | 1,488 sf | $745,000 | ✓ |
| Sep 2014 | LG-1 | 1,488 sf | $730,000 | ✓ |
| Aug 2014 | LP-5 | 1,798 sf | $940,000 | ✓ |
| Mar 2014 | LG-9 | 1,444 sf | $720,000 | ✓ |
| Jun 2013 | LG-6 | 1,741 sf | $750,000 | ✓ |
| Apr 2013 | LP-5 | 1,798 sf | $785,000 | ✓ |
| Dec 2012 | LP-1 | 1,488 sf | $545,000 | ✓ |
| Apr 2012 | LG-9 | 1,444 sf | $525,000 | ✓ |
| Jun 2011 | LG-4 | 1,488 sf | $500,000 | ✓ |
| Apr 2011 | LP-2 | 1,445 sf | $481,000 | ✓ |
| Nov 2010 | LG-3 | 1,445 sf | $490,000 | ✓ |
| Oct 2009 | LG-3 | 1,445 sf | $391,100 | |
| Sep 2009 | LP-7 | 1,469 sf | $530,000 | ✓ |
| Jul 2009 | LG-7 | 1,469 sf | $539,000 | ✓ |
| Sep 2008 | LP-3 | 1,445 sf | $470,000 | ✓ |
| Aug 2008 | LP-1 | 1,488 sf | $540,000 | ✓ |
| Apr 2008 | LG-9 | 1,444 sf | $555,000 | ✓ |
| Apr 2008 | LG-2 | 1,445 sf | $580,000 | ✓ |
| Feb 2008 | LG-7 | 1,469 sf | $502,000 | ✓ |
| Nov 2006 | LG-3 | 1,445 sf | $769,000 | ✓ |
| Apr 2006 | LP-4 | 1,488 sf | $780,000 | ✓ |
| Dec 2005 | LG-1 | 1,488 sf | $695,000 | ✓ |
| May 2005 | LP-2 | 1,445 sf | $680,000 | ✓ |
| Feb 2005 | LG-9 | 1,444 sf | $450,000 | ✓ |
| Jan 2005 | LP-1 | 1,488 sf | $610,000 | ✓ |
| Dec 2004 | LG-4 | 1,488 sf | $585,000 | ✓ |
| Nov 2004 | LG-3 | 1,445 sf | $430,000 | ✓ |
| Oct 2004 | LP-10 | 1,488 sf | $510,000 | ✓ |
| Oct 2004 | LG-9 | 1,444 sf | $450,000 | ✓ |
| Oct 2004 | LG-8 | 1,444 sf | $420,000 | ✓ |
| Oct 2004 | LP-7 | 1,469 sf | $470,000 | ✓ |
| Oct 2004 | LG-7 | 1,469 sf | $420,000 | ✓ |
| Oct 2004 | LG-5 | 1,798 sf | $600,000 | ✓ |
| Oct 2004 | LG-1 | 1,488 sf | $440,000 | ✓ |
| Sep 2004 | LG-10 | 1,488 sf | $455,000 | ✓ |
| Sep 2004 | LP-9 | 1,444 sf | $480,000 | ✓ |
| Sep 2004 | LP-8 | 1,444 sf | $465,000 | ✓ |
| Sep 2004 | LG-6 | 1,741 sf | $580,000 | ✓ |
| Sep 2004 | LP-5 | 1,798 sf | $670,000 | ✓ |
| Sep 2004 | LP-4 | 1,488 sf | $550,000 | ✓ |
| Sep 2004 | LP-3 | 1,445 sf | $590,000 | ✓ |
| Sep 2004 | LP-2 | 1,445 sf | $450,000 | ✓ |
| Sep 2004 | LG-2 | 1,445 sf | $545,000 | ✓ |
| Sep 2004 | LP-1 | 1,488 sf | $570,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 21 nominal-consideration paper transfers omitted.
Considering a move at Absolut?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.