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  • MLS® #: A12037030
  • N/a
  • Miami Beach, FL 33139-6027
  • $4,500,000
  • Business

733 Michigan is an exceptionally rare, fully gut-renovated multifamily asset situated on an oversized double lot in the heart of South Beach. Simply put, the Property represents a one-of-a-kind South Beach asset and one of the most comprehensively upgraded Art Deco multifamily offerings currently available in this highly sought-after market. The site’s expansive footprint stands in sharp contrast to the densely built, smaller-parcel properties that define the surrounding area, offering a scale and openness rarely encountered in this submarket. In addition, a sister property located at 1535 West Avenue—comprised of 8 similarly renovated units—is available for acquisition either individually or as part of a portfolio, providing investors with immediate scale and operational efficiencies. Ownership has invested over $860,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 733 Michigan consists of eight (8) 2-bedroom / 1-bathroom units averaging $2,925 in current rents and two (2) 3-bedroom / 2-bathroom units averaging $4,350, most secured under 12-month leases. All units are fully furnished. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offering an additional monetization pathway atop strong in-place cash flow.

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Essential Information

  • MLS® #A12037030
  • Price$4,500,000
  • CAD Dollar$6,404,454
  • UK Pound£3,400,493
  • Euro€3,947,990
  • Bathrooms0.00
  • Year Built1938
  • TypeBusiness
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • AddressN/a
  • Area42
  • CityMiami Beach
  • CountyMiami-Dade
  • StateFL
  • Zip Code33139-6027

Amenities

  • Parking Spaces8

Interior

  • # of Stories1
  • StoriesOne
  • Office: Cbre, Inc.
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N/a on www.jupiteroceanfronthomes.us

Offered at the current list price of $4,500,000, this home for sale at N/a features bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139-6027 . N/a is listed under the MLS ID of A12037030 and has been on the Miami Beach real estate market for 7 days.

Facts About Miami Beach, FL

Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of June 30th, 2026 at 6:38am CDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.

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