- $2,999,999
Description
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.
Address
Open on Google Maps-
Address: Michigan
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City: Miami Beach
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State/county: Miami-Dade
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Zip/Postal Code: 33139
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Area: Miami Beach
Details
Updated on July 28, 2026 at 5:51 pm-
Property ID A11896191
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Price $2,999,999
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Land Area 0.16 Sq Ft
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Year Built 1947
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Type Multi Family
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Property Status Commercial Sale
Additional details
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AssociationAmenities Beach Access
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BuildingAreaTotal 8128
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BuildingFeatures Exterior Lighting
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CLIP 3489893060
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CoListAgentAOR Miami Association of REALTORS
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CoListAgentDirectPhone 305-632-6485
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CoListAgentEmail reinahernandezreo@gmail.com
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CoListAgentFirstName Reina
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CoListAgentFullName Reina Hernandez
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CoListAgentKey 26743220
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CoListAgentKeyNumeric 26743220
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CoListAgentLastName Hernandez
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CoListAgentMlsId SEF3073831
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CoListAgentNationalAssociationId 279529467
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CoListAgentOfficePhone 305-225-9905
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CoListAgentPreferredPhone 305-632-6485
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CoListAgentStateLicense 3073831
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CoListOfficeAOR Miami Association of REALTORS
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CoListOfficeEmail samb@onestoprealty.com
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CoListOfficeKey 5903936
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CoListOfficeKeyNumeric 5903936
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CoListOfficeMlsId SEFONES01
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CoListOfficeName One Stop Realty
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CoListOfficePhone 305-225-9905
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ConstructionMaterials Block
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ContractStatusChangeDate 2025-10-15
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Cooling Wall/Window Unit(s)
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CumulativeDaysOnMarket 287
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CurrentPrice 2999999
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DaysOnMarket 287
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DaysOnMarketReplication 287
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DaysOnMarketReplicationDate 2026-07-28
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DaysOnMarketReplicationIncreasingYN 1
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Directions FROM 395 GO EAST TO ALTON RD, MAKE A LEFT, GO UP TO 8TH ST. MAKE RIGHT AND GO STRAIGHT TILL YOU COME TO MICHIGAN AVE. MAKE LEFT. PROPERTY IS ON THE EAST SIDE
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DocumentsAvailable Ground Photo, Lease
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DocumentsChangeTimestamp 2026-02-21T01:43:21.000-00:00
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DocumentsCount 0
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Electric 110 Volts, 220 Volts
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Flooring Ceramic Tile
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InternetAddressDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 786-295-4153
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ListAgentEmail teameb.realestate@gmail.com
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ListAgentFirstName Eddrian
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ListAgentFullName Eddrian Burciaga
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ListAgentKey 26775631
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ListAgentKeyNumeric 26775631
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ListAgentLastName Burciaga
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ListAgentMlsId SEF3239894
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ListAgentNationalAssociationId 279563296
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ListAgentOfficePhone 305-225-9905
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ListAgentPreferredPhone 786-295-4153
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ListAgentStateLicense 3239894
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail samb@onestoprealty.com
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ListOfficeKey 5903936
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ListOfficeKeyNumeric 5903936
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ListOfficeMlsId SEFONES01
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ListOfficeName One Stop Realty
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ListOfficePhone 305-225-9905
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-10-14
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ListingKey 1140251759
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ListingKeyNumeric 1140251759
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ListingTerms Cash, Conventional
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LotFeatures City Lot, Landscaped, < 1/4 Acre
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LotSizeArea 7000
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MLSAreaMajor 2420
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MajorChangeTimestamp January 5, 2026 at 04:15pm
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 28, 2026 at 03:26pm
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NumberOfBuildings 3
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NumberOfUnitsTotal 2
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OccupantType Call Agent
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OnMarketDate 2025-10-14
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OnMarketTimestamp 2025-10-14T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-28T11:25:25.863-00:00
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OriginalEntryTimestamp October 15, 2025 at 01:09pm
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OriginalListPrice 3400000
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OriginatingSystemCoListAgentMemberKey 1220486
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OriginatingSystemCoListOfficeKey 1252613
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OriginatingSystemID M00000151
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OriginatingSystemKey 361144585
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OriginatingSystemListAgentMemberKey 1184239
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OriginatingSystemListOfficeKey 1252613
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OriginatingSystemModificationTimestamp 2026-07-28T11:25:25.863-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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OwnershipType Corporation
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ParcelNumber 0242030096670
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ParkingFeatures On Street
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Permission IDX
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PhotosChangeTimestamp July 28, 2026 at 03:26pm
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PhotosCount 62
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Possession Close Of Escrow, Negotiable
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PostalCity Miami Beach
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PostalCode 33139
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PostalCodePlus4 5643
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PreviousListPrice 3400000
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PriceChangeTimestamp January 5, 2026 at 04:15pm
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PropertySubTypeAdditional Multi Family
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PublicSurveyTownship 2
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RoadFrontageType City Street
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SecurityFeatures Security Lights
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1140251759
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp October 14, 2025 at 12:25pm
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StoriesTotal 2
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StreetName Michigan
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StreetNumber 845
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StreetNumberNumeric 845
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StreetSuffix Avenue
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TaxAnnualAmount 39396
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TaxLegalDescription 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
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TaxYear 2025
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TenantPays Electricity, Telephone
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UniversalPropertyId US-12025-N-0242030096670-R-N
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VideosCount 0
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WaterSource Public
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Zoning 3900
Features
Overview
- Multi Family
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Down Payment
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