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About This Home

This 0-bedroom, 0-bathroom commercial at 845 Michigan Ave in Miami Beach, FL is listed for $2,999,999. Built in 1947, on a 0.16 acres lot.

Agent Description

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living.

The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only.

This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Key Features

  • Built in 1947
  • 0.16 acre lot

Property Details

1947

Monthly Cost Estimate

$16,045/mo

20% down · 6.5% · 30 years

Principal$2,170
Interest$13,000
Insurance$875

Estimates only. Actual payments may vary.

Location

845 Michigan Ave

Miami Beach, FL 33139

Features & Amenities

Exterior Features

Security Lights

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Parking

On Street

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 845 Michigan Ave is listed at $2,999,999. The estimated monthly payment is $13,000 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.16 acre lot. Exterior Features: Security Lights.

This property is listed by Eddrian Burciaga and can be reached at 3053359154 or teameb.realestate@gmail.com.

EB

Eddrian Burciaga

Agent at One Stop Realty

(305) 335-9154

Listed by One Stop Realty · View on Broker Site

MLS# A11896191· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

845 Michigan Ave, Miami Beach, FL 33139

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