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734 Michigan Ave, Miami Beach FL 33139

Multi-family For Sale
$2,940,000

BTC: 45.93750000

ETH: 1,545.22137661

41 days
0 room(s)
2,809 sqft

Overview

This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Very low Maintenance fees. Two independent units 6 and 7 that are adjacent that combined will give 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces in a complex of only 7 townhouses. This 2 Modern South Beach Tri-level townhomes loft style can be combined for a total of 2890 sq feet. Currently generating $12,500 per month of income. Soaring 28 ft ceilings. Secure complex with only 7 Townhouses . White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high Impact windows and doors. Unbeatable location within 2 blocks to the shopping center on Alton Rd and 5th Ave. Walk to Flamingo Park, the Beach, Lincoln Road, shops, restaurants. Publix, Total Wine and Whole Foods 2 small blocks away.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2006
Lot:
No Data
Heating:
Central
Price/sqft:
$1,047
Cooling:
Central Air
HOA:
$1,114

Valuation

Our model vs. what's actually selling nearby.
Estimate
$995,000
$769K – $2.2M
Confidence Low
List vs. estimate
$1.9M above estimate
List $2,940,000 · +195.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,046
+126.9% vs. city median $461
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $436K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,375
2025
HOA
$1,114/mo
Parking
2 spaces
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 02-42-03-330-0001

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • HOA: $1,114

    • HOA Frequency: Monthly

    • Annual tax amount: $22,375

  • Source details

    • MLS ID: A12030217

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass / Blinds

    • Architectural Style: Attached

    • Living Area: 2809

    • Water Source: Municipal Water

    • Subdivision Name: OCEAN BEACH ADD NO 3

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: Real Estate Sales Force