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Absolut Lofts

245 Michigan Ave, Miami Beach, FL, 33139
20
RESIDENCES
5
STORIES
2004
YEAR BUILT
$1.1M – $1.1M+
VALUE RANGE

Absolut Lofts is a boutique, five-story condominium at 245 Michigan Avenue in Miami Beach's South of Fifth (SoFi) neighborhood, built in 2004 and comprising just 20 residences. The building was designed by Miami architect Kobi Karp, known for contemporary loft layouts, and the property received the Miami Beach Historical Preservation Society's Pillars of the Industry award in 2006. Residences are split-level, two-story lofts with soaring ceilings and floor-to-ceiling windows, including garden-level units with private yards and penthouse lofts with private rooftop terraces. The intimate building offers a heated pool and pool deck, assigned parking, bike and motorcycle storage, secured entry, and a pet-friendly, low-HOA structure, with elevators and security systems that have been modernized over time. It sits within walking distance of South Pointe Park, the Miami Beach Marina, and the neighborhood's beach access, restaurants, and shops.

Available Residences at Absolut Lofts

2 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
4$1,145,0002 / 21,488$769137
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

1
Active Listings
▲ 0% vs last month
Avg List Price
$1.1M
Avg Days on Market
137

INVENTORY BY BEDROOM

  • 2 Bed (1) 100%

INVENTORY TREND (ALL UNITS)

110Aug '25Dec '25Apr '26
0
New Listings
last 3 months
$832
Avg Sale $/SqFt
last 36 months
Months of Supply
0
Sold
last 12 months

Market & Community Report

As of July 2, 2026, Absolut Lofts carries 1 active listing at an average asking price of $1.1M, with an average time on market of 137 days. Closed sales over the preceding 36 months averaged $832 per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of July 2, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Absolut Lofts

How many condos are for sale at Absolut Lofts?

As of July 2, 2026, 1 residence is actively listed for sale at Absolut Lofts. Current asking prices range from $1.1M to $1.1M. Inventory updates daily from the MLS.

How much do condos at Absolut Lofts cost?

Condos at Absolut Lofts are currently asking from $1.1M to $1.1M. Over the past 36 months, closed sales have averaged $832 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Absolut Lofts?

Based on MLS closed sales over the preceding 36 months, the average sale price at Absolut Lofts is $832 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Absolut Lofts located?

Absolut Lofts is located at 245 Michigan Ave, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Absolut Lofts in?

Absolut Lofts is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

How many units are in Absolut Lofts?

Absolut Lofts has 20 residences across 5 stories.

What year was Absolut Lofts built?

Absolut Lofts was completed in 2004.

What amenities does Absolut Lofts offer?

Absolut Lofts amenities include Heated swimming pool and pool deck, Assigned parking, Bike and motorcycle storage, Secured/gated entry with modernized security systems, Modernized elevators, Pet-friendly policy, Low HOA, Private rooftop terraces (penthouse units).

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