625 Michigan Ave., Miami Beach, FL

Multi-family for Sale - $2,200,000 - 6,534 Sq. Ft. on 0.16 acres


Agent Info

WILFREDO LLINAS
Llinas Realty Group, Inc.

Property Info

CIMLS#1195732
Location
  625 Michigan Ave.
  Miami Beach FL 33139
UpdatedAugust 25th, 2026
TypeMulti-family
Price$2,200,000
Building6,534 Sq. Ft.
Land0.16 acres

Property Description

Ready for renovation, interesting 6 unit building. The front building is an Art Deco building, built in 1936, and it features 4 apartments, three 2/1 units and one 1/1 unit. The connected rear building, built in 1965, consists of 2 apartments, a 2/2 on the ground floor, and, unusual for South Beach, a 3 bedroom 2 bath with a den upstairs. 5,772 adjusted sq. ft. 7,000 sq. ft. lot. Front building has electricity, plus gas with 4 meters. Rear building electricity only. 6 electric meters, one for each unit. Walking distance to the beach, Publix, Walgreen's, Target, CVS.


Financials

3 units are rented, ,below market, no leases, $45,960 yearly income. One unit is owner occupied. Two units are vacant.



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