Renovated Furnished Apartment
For Sale
Contact for pricing
545 Michigan Avenue, Miami Beach, FL 33139
Eight furnished residences with Commercial General Mixed-Use (CPS-2) zoning and 30-day minimum monthly rentals allowed.
Property Size5,466 SF
Days on Market13
Property Features for 545 Michigan Avenue
General Information
Standard status
Active
Size
5,466 SF
Property subtype
Multifamily
Zoning
Commercial General Mixed-Use (CPS-2)
Units
Unit Mix
4 x studio, 4 x 2BR/2BA
Multifamily Units
8
Additional Details
Furnished
Yes
Building Details
Buildings
1
Units
8
Tenancy
Multi
Listing Agency:
STL Commercial
(561) 901-1402
Listed By:
Max Loria · License #3455922
Source:
Crexi
Added: Aug 20
Changed: Aug 31
Last Checked: Aug 31 at 8:43AM
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 STL Commercial
Investment Insights
Based on property information with market context.
Located at 545 Michigan Avenue in Miami Beach, this 5,466-square-foot apartment building contains eight residences: four studio apartments and four two-bedroom, two-bathroom apartments. The units have been renovated and furnished, and the property accommodates both short-term and long-term rental strategies, with 30-day minimum monthly rentals allowed.
Commercial General Mixed-Use (CPS-2) zoning provides flexible occupancy options. The building sits in South Beach’s historic Art Deco District, one block from the South of Fifth border. Alton Road is two blocks away, Washington Avenue is three blocks away, Collins Avenue is four blocks away, and the beach and Ocean Drive are five blocks away. Nearby amenities include bars, restaurants, hotels, parks, and beaches.
Commercial General Mixed-Use (CPS-2) zoning provides flexible occupancy options. The building sits in South Beach’s historic Art Deco District, one block from the South of Fifth border. Alton Road is two blocks away, Washington Avenue is three blocks away, Collins Avenue is four blocks away, and the beach and Ocean Drive are five blocks away. Nearby amenities include bars, restaurants, hotels, parks, and beaches.
Key Highlights
- 8‑unit apartment building with four studios and four 2‑bedroom, 2‑bathroom apartments
- 5,466‑square‑foot building at 545 Michigan Avenue, Miami Beach, FL 33139
- Renovated and furnished apartment interiors
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
4,746
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 - Eight furnished residences with Commercial General Mixed-Use (CPS-2) zoning and 30-day minimum monthly rentals allowed.
Where is this apartment building located?
The property is located at 545 Michigan Avenue Miami Beach, FL.
What are key features of this property?
This property features: 8‑unit apartment building with four studios and four 2‑bedroom, 2‑bathroom apartments; 5,466‑square‑foot building at 545 Michigan Avenue, Miami Beach, FL 33139; Renovated and furnished apartment interiors
