South Beach Art Deco
For Sale
$2,999,999
845 Michigan Ave, Miami Beach, FL 33139
Fully occupied 12-unit Art Deco building in prime South Beach.
Property SizeContact for details
Days on Market106
Property Features for 845 Michigan Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1947
Listing Agency:
One Stop Realty
(305) 632-6485
Listed By:
Reina Hernandez · License #279563296
(305) 632-6485
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 7 at 2:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Stop Realty
Investment Insights
Based on property information with market context.
This fully occupied 12-unit Art Deco building is situated in a prime South Beach location. The property features a gated entrance and a front courtyard. The complex consists of three separate buildings, each with four apartments. Buildings 845 and 849 each contain two one-bedroom, one-bath units (600 sq ft each) and two large studios (500 sq ft each). Building 847 contains four large studios (500 sq ft each). A community laundry is located on the first floor. Street parking is residential only. The property is positioned as a strong income-producing investment. It is located within walking distance to the beach and in proximity to shopping, dining, and entertainment. The bike score is 77, indicating it is very bikeable. The walk score is 95, designating it as a walker's paradise. The transit score is 59, indicating good transit options.
Key Highlights
- Prime South Beach location, a highly desirable area
- Fully occupied 12‑unit building, providing immediate income
- Art Deco architectural style with a charming front courtyard
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 12-unit Art Deco building in prime South Beach.
Where is this apartment building located?
The property is located at 845 Michigan Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Prime South Beach location, a highly desirable area; Fully occupied 12‑unit building, providing immediate income; Art Deco architectural style with a charming front courtyard
