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Two-Story Multifamily Property
For Sale
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Pending

1536 Michigan Ave, Miami Beach, FL 33139

Existing residential building near Miami Beach beaches, retail, dining, and recreational destinations.

Property Size3,030 SF
Lot Size0.18 Acres
Days on Market148

Property Features for 1536 Michigan Ave

General Information

Standard status Pending
Size 3,030 SF
Lot size 0.18 Acres
Property subtype Multifamily

Building Details

Year Built 1939
Stories 2
Listing Agency: The Corcoran Group
Listed By: Jerome Brun De Saint Hippolyte · License #3478223
Source: Crexi
Added: Apr 12 Changed: Sep 5 Last Checked: Sep 5 at 6:21AM

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 The Corcoran Group

Investment Insights

Based on property information with market context.

This multifamily property includes an existing building constructed in 1939, with 3,030 square feet arranged across two floors. The structure occupies an 8,000-square-foot lot and features architectural character associated with Miami Beach. Its existing configuration provides a residential income property foundation in an established urban setting.

The property is located on Michigan Ave in Miami Beach, near the beach and within walking distance of South Beach shops, restaurants, Ocean Drive, Lincoln Road, and Flamingo Park. These nearby destinations place the building within an active residential and visitor-oriented environment, with retail, dining, recreation, and waterfront amenities close by.

Key Highlights

  • 3,030‑square‑foot building constructed in 1939
  • Two‑floor existing multifamily structure
  • Situated on an 8,000‑square‑foot lot

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,799
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing residential building near Miami Beach beaches, retail, dining, and recreational destinations.
Where is this multifamily property located?
The property is located at 1536 Michigan Ave Miami Beach, FL.
What are key features of this property?
This property features: 3,030‑square‑foot building constructed in 1939; Two‑floor existing multifamily structure; Situated on an 8,000‑square‑foot lot
More about this property
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