845 MICHIGAN AVE, Miami Beach
$2,999,999 USD
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| Address | 845 MICHIGAN AVE, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Business Location | Beach Access,City Location |
| Property Style | Income Non-Waterfront |
| Price | $2,999,999 |
| Previous Price | $3,400,000 (21 days ago) |
| Property Status | Active |
| MLS Number | A11896191 |
| Property Size | 7000 |
| Lot Size | 7000 |
| Year Built | 1947 |
| Folio Number | 02-42-03-009-6670 |
| Zoning Information | 3900 |
| Days on Market | 168 |
Detailed 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 and 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 and Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach and in proximity to shopping, dining, and entertainment.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 845 MICHIGAN AVE |
| Business Location | Beach Access,City Location |
| Section | 3 |
| Zip Code (4 Digits) | 5643 |
Financial Information
| Price | $2,999,999 |
| Price per Foot | $0 |
| Previous Price | $3,400,000 |
| Folio Number | 02-42-03-009-6670 |
| Tax Amount | $39,396 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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 and 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 and Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach and in proximity to shopping, dining, and entertainment. |
| How to Reach | 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 |
| Roof Description | Composition Roll |
| Floor Description | Ceramic Floor |
| Cooling Description | Central Individual A / C |
| Heating Description | Central Electric |
| Water Description | Public |
| Sewer Description | Public Sanitation |
| Parking Description | On Street |
Property parameters
| Living Area | 7000 |
| Lot Size | 7000 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7000 |
| Year Built | 1947 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Style | Income Non-Waterfront |
| Construction Type | CBS Construction,Insulated |
| Stories Number | 2 |
| Listed with | One Stop Realty |