Basic Information

  • MLS # A12120828
  • Type Multi Family
  • Status Active
  • Year Built 1938
  • Total Sqft 14,000
  • Date Listed 11/09/2026
  • Days on Market 1
Description

733 Michigan is an exceptionally rare, fully gut-renovated multifamily asset situated on an oversized double lot in the heart of South Beach. Simply put, the Property represents a one-of-a-kind South Beach asset and one of the most comprehensively upgraded Art Deco multifamily offerings currently available in this highly sought-after market. The site’s expansive footprint stands in sharp contrast to the densely built, smaller-parcel properties that define the surrounding area, offering a scale and openness rarely encountered in this submarket. In addition, a sister property located at 1535 West Avenue—comprised of 8 similarly renovated units—is available for acquisition either individually or as part of a portfolio, providing investors with immediate scale and operational efficiencies. Ownership has invested over $860,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 733 Michigan consists of eight (8) 2-bedroom / 1-bathroom units averaging $2,925 in current rents and two (2) 3-bedroom / 2-bathroom units averaging $4,350, most secured under 12-month leases. All units are fully furnished. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offering an additional monetization pathway atop strong in-place cash flow.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 14,000Sq.Ft
  • Sqft 14,000Sq.Ft

Property Features

  • Address Undisclosed Address
  • Aprox. Lot Size 14,000
  • City Miami Beach
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Features Flood Zone
  • Occupant Type Call Agent
  • Postal City Miami Beach
  • Public Survey Section One
  • Public Survey Township 2
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $38,458
  • Tax Legal desc OCEAN BEACH ADD NO 3 PB 2-81 LOTS 12 & 13 BLK 86 LOT SIZE 100. X 140 OR 21313-0141 05/2003 1
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

Undisclosed Address

Miami Beach, FL 33139

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