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825 Michigan Avenue, Miami Beach, FL 33139 (MLS# A10546765)

825 Michigan Avenue, Miami Beach, FL 33139

$2,500,000
Property Type: Residential Income Square Footage: 8,219 Status: Closed
Current Price: $2,500,000 List Date: 9/20/2018 Last Modified: 8/11/2026

Overview

Description

Chic & easily manageable investment property in the heart of South Beach. The project was finished in 2017.The property is comprised of two buildings, a fully reconfigured and converted 2-story 1936 historic art deco in the front of the lot, and a newly built 3-story building with 2 private breath-taking rooftop terraces & 4 covered parking spaces in the rear of the lot. The deco building features 4 identical 2 bed 2 bath units, while the new building features a large 2/2 at the ground level, and two 3 bed 3 bath 2-story townhouses on top. Call listing agent to tour the property and to receive additional information & most up-to-date financials.

Listing Details MLS# A10546765

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
8219
Living Area Main
8219
Adjusted Area Main
7874
Year Built
2017
Parking Total
4
Lot Size Dimensions
7000
Outdoor Living Spaces YN
Yes
Stories Total
3
Pool Private YN
No

Property Features

Electric: Circuit Breakers Exterior Features: Barbecue; Lighting Fencing: Fenced Flooring: Ceramic Tile; Concrete Property Condition: New Construction; Updated/Remodeled Structure Type: Multi Family Construction Materials: Block; CBS Cooling: Central Air Heating: Central Listing Terms: Assumable; Cash; Conventional; Owner Will Carry Possession: Negotiable Roof: Concrete; Tar/Gravel Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Unit 1 Appliances: Dishwasher; Dryer; Washer Unit 1 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s); Washer/Dryer Hookups Unit 2 Appliances: Dishwasher; Dryer; Washer Unit 2 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s); Washer/Dryer Hookups Unit 3 Appliances: Dishwasher; Dryer; Washer Unit 3 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s); Washer/Dryer Hookups Unit 4 Appliances: Dishwasher; Dryer Unit 4 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s); Washer/Dryer Hookups Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
3700000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
825
Street Name
Michigan
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5619
Postal Zip
33139
Subdivision Name
OCEAN BEACH ADDN NO 3
Area
2420
Parcel Number
0242030096650
Subdivision Number
9
Zoning
3900
Flood Zone
AE

Financial Information

Tax Annual Amount
26237
Tax Year
2017
Tax Legal Description
OCEAN BEACH ADD NO 3 PB 2-81 LOT 11 BLK 87 LOT SIZE 50.000 X 140 OR 18696-2816 0799 1 COC 25026-2650 10 2006 4

Status Change Information

Major Change Timestamp
2022-01-27T16:37:30Z
Major Change Type
Status Change
Price Change Timestamp
2021-04-15T22:29:19Z
Status Change Date
2022-08-19
Under Contract Date
2021-10-12
Close Date
2022-01-27
Close Price
2500000
Buyer Financing
Cash

More Information

Income and Expenses

Gross Income
19600
Net Operating Income
181578

Storm Protection

Impact Glass
Complete

Unit 1 Details

Actual Rent
8600
Baths Full
8
Efficiency YN
No
Furnished
Unfurnished
SqFt
3012

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 1 Parking Details

Carport YN
Yes

Unit 2 Details

Actual Rent
3000
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
SqFt
1150

Unit 2 Lease Description

Currently Leased YN
Yes

Unit 2 Parking Details

Carport YN
Yes

Unit 3 Details

Actual Rent
4000
Baths Full
3
Efficiency YN
No
Furnished
Unfurnished
SqFt
1700

Unit 3 Lease Description

Currently Leased YN
Yes

Unit 3 Parking Details

Carport YN
Yes

Unit 4 Details

Actual Rent
4000
Baths Full
3
Efficiency YN
No
Furnished
Unfurnished
SqFt
1700

Unit 4 Lease Description

Currently Leased YN
Yes

Unit 4 Parking Details

Carport YN
Yes

Buyer Details

Intended Use
Investment

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
304.17

Section Details

Parcel Number MLX
6650

Originating Details

Originating System Key
302352559
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Electric

Circuit Breakers
Yes

Exterior Features

Barbecue
Yes
Lighting
Yes

Flooring

Ceramic Tile
Yes
Concrete
Yes

Property Condition

New Construction
Yes
Updated/Remodeled
Yes

Fencing

Fenced
Yes

Structure Type

Multi Family
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Assumable
Yes
Cash
Yes
Conventional
Yes
Owner Will Carry
Yes

Roof

Concrete
Yes
Tar/Gravel
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Dishwasher
Yes
Dryer
Yes
Washer
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Washer/Dryer Hookups
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Washer
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Washer/Dryer Hookups
Yes

Unit 3 Appliances

Dishwasher
Yes
Dryer
Yes
Washer
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Washer/Dryer Hookups
Yes

Unit 4 Appliances

Dishwasher
Yes
Dryer
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Washer/Dryer Hookups
Yes
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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