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625 MICHIGAN Avenue, Miami Beach FL 33139

Commercial For Sale
$2,200,000

BTC: 27.97202797

ETH: 869.39340051

19 days
0 room(s)

Overview

Unique property, total of 6 apartments, with an adjusted area of 5,772 sq. ft. Art Deco front building has four apartments (built 1936) features three 2/1 units and one 1/1 unit, connected to a back building, (built 1965) with one 2/2 apartment on ground floor, and, unusual for South Beach, one 3/2 apartment with a den on second floor. Both back building apartments have patios. Front building also has gas with separate gas meters. Back building has electric only. 6 separate electric meters, one for each apartment. Convenient location, the beach, Publix, Target, CVS, Walgreen's within walking distance. Numerous properties on this street have been renovated or are in the process of being renovated.

Location

Details

Type:
Commercial Sale
Parking:
Assigned / On Street
Year Built:
1936
Lot:
0.16 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Ceiling Fan(s) / Central Individual A/C / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,000,000
$2.5M – $4.1M
Confidence Low
List vs. estimate
$800K below estimate
List $2,200,000 · -26.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $650K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,454
2025
Parking
3 spaces
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Wood

    Heating

    • Central Individual A/C

    Cooling

    • Ceiling Fan(s)

    • Central Individual A/C

    • Wall/Window Unit(s)

  • Parking

    • Assigned

    • On Street

    Property

    • Levels: 2

    • Exterior Features: East Of Us1

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 02-42-03-009-6390

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $24,454

  • Source details

    • MLS ID: B26067978

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / Less Than 1/4 Acre Lot / East Of US 1 / Less Than 1 Acre / In Residential Area / Alley / Sidewalk

    • Water Source: Public

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: Llinas Realty Group, Inc