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733 Michigan Ave, Miami Beach FL 33139

Commercial Recently Sold
$2,300,000

BTC: 35.93750000

ETH: 1,317.29667812

Sold on: 2021-12-30
4 days
0 room(s)

Overview

Fantastic opportunity to own this gated 10-unit apartment building in the heart of South Beach. Situated on an oversized 14,000 square foot double lot. 6705 sq ft of living area consisting of 2 three bedroom and 8 two bedroom apartments. All units have been recently remodeled, with new A/C units. Coin-operated laundry on site. Private parking in rear of building.

Location

Details

Type:
Commercial Sale
Parking:
Assigned / On Street
Year Built:
1938
Lot:
14000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,800,000
$1.2M – $6.6M
Confidence Low
List vs. estimate
$300K below estimate
List $2,500,000 · -10.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $400K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$56,315
All facts and features
  • Parking

    • Assigned

    • On Street

    Lot

    • Lot: 14000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-009-6540

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $56,315

  • Source details

    • MLS ID: A11112081

    Other facts

    • Construction Materials: CBS Construction

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties