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South Beach Art Deco Multifamily

845 Michigan Ave, Miami Beach, FL 33139

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For Sale

$2,999,999

Fully occupied 12-unit Art Deco building in prime South Beach.

Type:Commercial

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
Walking distance to the beach, shopping, dining, and entertainment
High Walk Score (95) indicating a Walker's Paradise
Gated entrance for added security

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Listing Contact

Reina Hernandez

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For Sale

$2,999,999

Fully occupied 12-unit Art Deco building in prime South Beach.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 60
Last Refresh:: Apr 24 at 3:44 pm

Property Features for 845 Michigan Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1947

We can help!

Listing Contact

Reina Hernandez

Listing agent Reina Hernandez License #279563296

Listing office One Stop Realty

Listing date Apr 24, 2026

Source Elliman

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

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
Walking distance to the beach, shopping, dining, and entertainment
High Walk Score (95) indicating a Walker's Paradise
Gated entrance for added security

Overview

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.

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Local Demand

City: Miami Beach
County: Miami-Dade
State: Florida
Longitude: -80.138142
Latitude: 25.779065

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For sale
Apartment buildings
FL
Miami Beach
33139
845 Michigan Ave

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