Multifamily in 845 Michigan Ave Miami Beach for sale with MLS# A11896191
Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living. The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.
845 Michigan Ave, Miami Beach, FL 33139
- Price:
- $2,999,999.00
- Previous Asking Price:
- $3,400,000.00
- Original List Price:
- $3,400,000.00
- Tenant Pays:
- Electricity, Telephone
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11896191
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- January 5, 2026 3:15 pm
- Built-Up Area:
- 8,128 Sqft
- Lot Area:
- 7,000 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Security:
- Security Lights
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Year Built:
- 1947
- Roof:
- Composition
- Number of Buildings:
- 3
- Number of Units Total:
- 12
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Structure Type:
- Apartment
- Stories:
- 2
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $39,396.00
- Tax Year:
- 2025
- Covered Spaces:
- 0
- Parking Features:
- On Street
- Sewer:
- Public Sewer
- Electric:
- 220 Volts, 110 Volts
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Ground Photo, Lease, Ground Photo
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow, Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- OCEAN BEACH ADD NO 3 PB 2-81 LOT 13 BLK 87 LOT SIZE 50.000 X 140 OR 13186-543 0287 1 COC 26185-0468 12 2007 1
- Real Estate Folio Number (Parcel Number):
- 02-42-03-009-6670
- Zoning Description:
- 3900
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- October 15, 2025 12:09 pm
- Active on the market since:
- October 14, 2025
- Price change occurred on:
- January 5, 2026 3:15 pm
- Listing Status Last Changed On:
- October 15, 2025 12:09 pm
- Photos updated on:
- January 6, 2026 7:44 pm
- Last Modified:
- April 15, 2026 2:03 pm
- Property Description:
- Apartment Building
- Flood Zone:
- AE
- Common Area Maint Includes:
- Sewer, Water
- Municipal Code:
- 2
- Subdivision Number:
- 9
- Courtesy of:
- One Stop Realty
- Attribution:
- Not provided
- Street Name:
- Michigan Ave
- Street Number:
- 845
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44.7''
- Longitude:
- W81° 51' 42.7''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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