733 Michigan Avenue

Miami Beach, FL 33139

$5,250,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Miami Capstone Realty is pleased to present the exclusive opportunity to acquire to 733 Michigan Avenue , a multi- family building comprised of two 3BD/1.5BA units (one of which is fully furnished) and eight newly renovated and fully furnished 2BD/1BA units on a double lot ideally located in the heart of Miami Beach, FL. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals...Miami Capstone Realty is pleased to present the exclusive opportunity to acquire to 733 Michigan Avenue , a multi- family building comprised of two 3BD/1.5BA units (one of which is fully furnished) and eight newly renovated and fully furnished 2BD/1BA units on a double lot ideally located in the heart of Miami Beach, FL. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for 6-month to 12-month+ rentals alike.
  1. Listed by Ben Nahmani • Miami Capstone Realty Inc

Property Details for 733 Michigan Avenue

Waterfront
No
Area
32
Auction
No
Num Stories
1

Location

Listing Courtesy of Miami Capstone Realty Inc
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LISTING UPDATED: 05/02/2024 02:50 PM

Property Details for 733 Michigan Avenue

StatusActive
MLS #A11497030
Days on Market161
Taxes$36,093 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1938
Lot Size0.32 AC / 14,000 SF
CountyMiami-Dade County

Location

Listing Courtesy of Miami Capstone Realty Inc
Add your commute

Building Information for 733 Michigan Avenue

Stories-Residences-Year Built1938Building Size-Lot Size0.32 AC / 14,000 SF

Payment Calculator

$31,659 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,651

Property Taxes

$3,008

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 733 Michigan Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-009-6540
  • Parcel Number MLX: 6540
  • MLS Area: 32
  • Township Range: 42
  • Subdivision Number: 9
  • Unit Count: 7
  • Zoning Information: 3900
General Information
Parking
  • Parking Description: Free Parking, Shared Parking, Street Parking
General Information
  • Type of Building: Free Standing
  • Prop Type-Type of Building: Apartments
  • Building Sq Ft: 6,802
  • Num Tenants: 10
  • Num Loading Doors: 0
  • Lot Frontage: 100
  • Approximate Lot Size: 14000
  • Property Sq Ft: 14000
  • Num Floors: 1
  • Road Frontage: City Road
  • Fire Protection: Smoke Detector
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Fenced, Security Gate, Security Lighting, Security System
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Other
  • Water Description: Public Water
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 10
  • Tenant Pays: Interior Electric, Gas/Oil
  • Storm Protection: Clear Impact Glass, High Impact Door
Financial Information
Financial Information
  • Total Mortgage: $1,840,000
  • Flood Zone: AE
  • Information Available: Aerial Photo(S), Investment Analysis, Copy Of Lease(S), Photos, Rent Rolls
Rental Information
Rent Information
  • Deposit Information: First Month Rent, Last Month Rent, Security Deposit
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land
  • Sale Includes INCL: Leases

Property History for 733 Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 733 Michigan Avenue

Taxable ValueLand$1,610,000Additions$300,000Total$1,910,000
Tax Record2023$36,093 ($3,008 / month)
Home Facts
Total Finished SqFt3,410 SqFtAbove Grade Finished SqFt3,410 SqFtStories1Lot Size14,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1938Year Renovated1982Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-4203-009-6540

Schools near 733 Michigan Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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733 Michigan Avenue is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on December 6, 2023 by Miami Capstone Realty Inc, it's currently listed at $5,250,000. It has been on the market for a total of 161 days and was last sold on December 30, 2021. This listing's school district is Miami-Dade. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 733 Michigan Avenue is a 0-bed, 0-bath, multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Miami Capstone Realty Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.