This listing is no longer active

The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on May 14, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.

845 Michigan Ave, Miami Beach FL 33139

For Sale · Active Listing

$2,999,999

11.76%

Est. Payment $15,967/mo

MLS Sheet Video

1947

Year Built

2

Stories

183

Days on Market

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 & 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 & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Facts

MLS#
A11896191
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1947
Lot Size
7,000 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
2
Garage
Pool
Days on Market
183 days
Listed
Oct 14, 2025
Last Updated
Apr 15, 2026
Price/Lot Sq.Ft.
$429/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Buyers market

May 2026

0/100
Buyers marketSellers market

30

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

1/5/2026Price change$2,999,999-11.8%
10/14/2025Listed for sale$3,400,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

845 Michigan Ave, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$18,617/mo

Principal & Interest

$15,967

Property Tax

$2,500

Insurance

$150

HOA

$0

20% ($600,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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