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625 MICHIGAN Avenue Miami Beach, FL $ 2,200,000
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$ 2,200,000 Get more info
625 MICHIGAN Avenue
$ 2,200,000
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625 MICHIGAN Avenue

Miami Beach, FL
$ 2,200,000
Bedrooms-- Baths-- Sq 6,534

Monthly Estimate*

$ 13,891

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Commercial Property for sale in Miami Beach, FL

for $2,200,000. This 6,534 square foot building was built in 1936 on a lot size of 0.16.

Unique property, total of 6 apartments, with an adjusted area of 5,772 sq. ft. Art Deco front building has four apartments (built 1936) features three 2/1 units and one 1/1 unit, connected to a back building, (built 1965) with one 2/2 apartment on ground floor, and, unusual for South Beach, one 3/2 apartment with a den on second floor. Both back building apartments have patios. Front building also has gas with separate gas meters. Back building has electric only. 6 separate electric meters, one for each apartment. Convenient location, the beach, Publix, Target, CVS, Walgreen's within walking distance. Numerous properties on this street have been renovated or are in the process of being renovated.

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 24,454

Style

Lot Size

0.16

Year Built

1936

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

B26067978
Features
General
Sewer Public Sewer
Heating Central Individual
Cooling Central Air Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Security Features Security Lights
Construction Materials Block
Year Built 1936
Electric Separate Meters
Tenant Pays Cable TV Electricity Insurance
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Gross Income 45960
Community Features Sidewalks
Building Name 625
Accessibility None
County Miami-Dade
New Construction false
Property Type Commercial Sale
Status Active
Directions From 5th Street head north on Michigan about a block and a half property will be on your right.
City Miami Beach
Number Of Units Total 6
MLS Area 2420
Tax Annual Amount 24454
Property Condition Resale
MLS Area Minor DADE
Virtual Tour https://www.propertypanorama.com/625-MICHIGAN-Avenue-Miami-Beach-FL/unbranded
Standard Status Active
Occupancy Type Owner
Ownership Type Sole Proprietor
Property Sub Type Additional Multi Family
Legal Description OCEAN BEACH ADDN NO 3 3-4 54 42 34 53 42 LOT 12 BLK 85 PB 2-81 LOT SIZE 50.000 X 140 OR 20565-2408 07 2002 4
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Interior
Flooring Carpet Laminate Tile Wood
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Chain Link Partial
Parking Features Assigned On Street
Lot Features City Lot None Residential Lot < 1/4 Acre
Water Source Public
Total Parking 3
Lot Size Area 7000
Number of Buildings 2
Building Area Total 6534
Lot Size Acres 0.16
Road Surface Type Alley Paved Paved
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Wilfredo Llinas

Listing Agent

Affordability Calculator

$15,929
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$2,038
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
Date Price Price Change Description
8/24/2026 $2,200,000 Listed Price

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625 MICHIGAN Avenue, Miami Beach, FL, is a Commercial Property for sale at $2,200,000 with 6,534 sqft and a lot size of 0.16. 625 MICHIGAN Avenue was built in 1936. The property's zip code is which is in Miami Beach, FL

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