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Property profile

1753 Michigan Ave Miami Beach, FL 33139

OFF-MARKET
Assisted living facilities
Property ID
US18-3720673
View Sample
4,056 SF 0.17 ac lot Built 1938
Entity Owned 1-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1938
Construction CONCRETE
Total area 4,056 SF
Lot 0.17 ac (7,500 SF)
Zoning code 0100:SINGLE FAM,GENERAL
APN 02-3234-004-0570
UPID US18-3720673

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.64M

Owner & transaction history

since 2025
Last sale
$4.3M
7 recorded transactions
2025
Price N/A
2025
$4.3M
2025
Price N/A
2024
Price N/A
2023
$4.6M
2022
$4.9M
2021
Price N/A

Zoning & alternative use

0100:SINGLE FAM,GENERAL · Miami Beach, FL
Top alternative use upside
Commercial (general) $3.4M +246.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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