Property 845 Michigan Avenue, Miami Beach, FL 33139 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 Avenue, Miami Beach, FL 33139
- Price:
- $2,999,999.00
- Original List Price:
- $3,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $369.09
- Tenant Pays:
- Electricity, Telephone, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- January 5, 2026 9:15 pm
- Built-Up Area:
- 8,128 Sqft
- Lot Features:
- Landscaped
- Lot Size Acres:
- 0.16
- Security:
- Security Lights
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Building:
- Exterior Lighting
- Year Built:
- 1947
- Number of Buildings:
- 3
- Number of Units Total:
- 2
- Construction Materials:
- CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 2
- Road Frontage Type:
- City Street
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $39,396.00
- Tax Year:
- 2025
- Parking Features:
- On Street
- Sewer:
- Public Sewer
- Electric:
- 220 Volts, 110 Volts
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Photos, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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):
- 0242030096670
- Zoning:
- 3900
- Active on the market since:
- October 14, 2025
- Listing Agreement executed on:
- October 14, 2025
- Price change occurred on:
- January 5, 2026 9:15 pm
- Listing Status Last Changed On:
- October 14, 2025 4:25 pm
- Photos updated on:
- July 28, 2026 3:02 pm
- Last Modified:
- July 28, 2026 3:21 pm
- Courtesy of:
- One Stop Realty
- Attribution:
- Not provided
- Street Name:
- Michigan
- Street Number:
- 845
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44.6''
- Longitude:
- W81° 51' 42.7''
- Street Suffix:
- Avenue

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami