Single Family: MLS #A12037045 Miami Beach, FL $ 4,250,000
Single Family: MLS #A12037045
$ 4,250,000
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Single Family: MLS #A12037045

Miami Beach, FL, 33139
$ 4,250,000
Bedrooms4 Baths0.0 Sq 7,392

Monthly Estimate*

$ 26,168

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Single Family Home for sale in Miami Beach, FL

for $4,250,000 with 4 bedrooms. This 7,392 square foot home was built in 1950.

1535 West Ave is an exceptionally rare, fully gut-renovated multifamily asset in the heart of South Beach. Simply put, the Property represents one of the most comprehensively upgraded Art Deco multifamily offerings currently available in this highly sought-after market. In addition, a sister property located at 733 Michigan Avenue—comprised of 10 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 $800,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 1535 West Ave consists of four (4) 2-bedroom / 1-bathroom units averaging $3,140 in current rents and four (4) 3-bedroom / 2-bathroom units averaging $4,463, all secured under 12-month leases. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offering an additional monetization pathway. Strategically located at the epicenter of South Beach, the Property benefits from immediate proximity to the area’s premier demand drivers, including Lincoln Road, Ocean Drive, Collins Avenue, and Washington Avenue. South Beach remains one of the most supply-constrained multifamily submarkets in the United States, with significant barriers to entry and enduring global appeal.

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Single Family Active

Price

$ 4,250,000

Bedrooms

4

Property Type

Single Family

Taxes

$ 0

Style

Year Built

1950

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12037045

Features
General
Year Built 1950
Stories Count 2
Levels Two
Property Subtype MultiFamily
County Miami-Dade
Property Type CommercialSale
Full Baths 0
Status Active
City Miami Beach
Zoning Description 3900
Number Of Units Total 8
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 7500
Listing Terms Cash Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12037045
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional MultiFamily
Legal Description 33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 6 BLK 66 A LOT SIZE 50.000 X 150 OR 19204-3538 06 2000 1
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Interior
Total Bedrooms 4
Total Baths 0
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Exterior
Lot Size Area 7500
Number of Buildings 1
Building Area Total 7392
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Cbre, Inc.

Broker

perry.synanidis@cbre.com

Email

Affordability Calculator

$26,168
Per Month
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Monthly Principal & Interest
$26,168
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$4,250,000 Listed Price

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