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Adjacent Tri-Level Townhome Duplex
For Sale
$2,940,000

734 Michigan Ave, Miami Beach, FL 33139

Two adjacent tri-level units offer loft-style living, soaring 28-foot ceilings, and two rooftop terraces.

Property Size2,809 SF
Price / SF$1,017
Days on Market100

Property Features for 734 Michigan Ave

General Information

Standard status Active
Size 2,809 SF
Total Parking Spaces 2
Property subtype Duplex

Additional Details

Clear Height 28 ft

Taxes and HOA fees

Annual Taxes $22,375

Building Details

Building Size 2,809 SF
Year Built 2006
Stories 3
Listing Agency: Real Estate Sales Force
Listed By: Boris Jola · License #3107774
Source: Relinkre
Added: Jun 3 Changed: Sep 8 Last Checked: Sep 10 at 7:52AM

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 Real Estate Sales Force

Investment Insights

Based on property information with market context.

This offering features two independent, adjacent tri-level units (designated 6 and 7) within a secure complex of only seven townhouses. Combined, the units provide four bedrooms and four and a half baths, along with two private rooftop terraces. The loft-style interiors include soaring 28-foot ceilings and bright, open living spaces.

Finishes and features include high-impact windows and doors and white porcelain plank floors as well as stained concrete floors throughout the respective units. Each unit benefits from its own covered parking space, with two total cover parking spaces available in the complex.

Location is described as within two blocks of a shopping center on Alton Rd and 5th Ave, with walkable proximity to Flamingo Park, the Beach, and Lincoln Road. Grocery and retail are noted as nearby, including Publix and Total Wine, as well as Whole Foods two small blocks away. The property is currently generating $12,500 per month of income, and is presented as a low-maintenance option.

Key Highlights

  • Two adjacent tri‑level townhome units (6 and 7) can be combined for 4 bedrooms and 4.5 baths.
  • Total combined size is 2,890 SF with loft‑style living and soaring 28‑ft ceilings.
  • Includes 2 private rooftop terraces and bright open living space with high‑impact windows and doors.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Restaurant Daycare Center

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

Lease Details

28 ft
Clear height

Location Intelligence

Trade Area within ½ mile

5,367
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two adjacent tri-level units offer loft-style living, soaring 28-foot ceilings, and two rooftop terraces.
Where is this duplex located?
The property is located at 734 Michigan Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,940,000.
What are key features of this property?
This property features: Two adjacent tri‑level townhome units (6 and 7) can be combined for 4 bedrooms and 4.5 baths.; Total combined size is 2,890 SF with loft‑style living and soaring 28‑ft ceilings.; Includes 2 private rooftop terraces and bright open living space with high‑impact windows and doors.
More about this property
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