• Código: A12037030
• Estado: Activo
• Ciudad: Miami Beach - FL 33139
• Alcobas:
• Baños completos:
• Medios baños:
• Fecha contrucción: 1938
• Garajes:
• Área total: 632 M2
• Área construida: 0 M2
• Negocio: Venta Comercial

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.

• Código: A12037030
• Estado: Activo
• Ciudad: Miami Beach - FL 33139
• Alcobas:
• Baños completos:
• Medios baños:
• Fecha contrucción: 1938
• Garajes:
• Área total: 6802 M2
• Área construida: M2
• Negocio: Venta Comercial

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.

• Tarifa asociación:
• Frecuencia de la tarifa:
• Associación: No
• Características de la comunidad: Miami Beach
• Aire acondicionado: No
• Garage: No
• Calefacción: No
• Permite mascotas: No
• Subtipo de propiedad:
• Comunidad de personas mayores: No
• Importe anual de impuestos:

• Año de construcción: 1938
• Accesorios:
• Area Total: 6802 M2
• Aire acondicionado:
• Piso:
• Calefacción:
• Lavandería:

• Estilo arquitectónico:
• Garages:
• Materiales de Construcción:
• Espacios cubiertos:
• Características Exteriores:
• Lavandería:
• Año de construcción: 1938
• Fencing:
• Características del lote:
• Características de parqueadero:
• Tiene vista: No
• Frente al mar: No