625 MICHIGAN Avenue, Miami Beach FL
$2,200,000 · $337 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $2,200,000
- Price per sq ft: $337
- Building size: 6,534 sq ft
- Lot size: 6,970 sq ft
- Zoning: 3900
- Year built: 1936
- Units: 6
- Stories: 2
- Tenant pays: Cable TV, Electricity, Insurance, Interior Electric, Inside Insurance
- Buildings: 2
- Parking spaces: 3
- Units leased / vacant: 0 leased · — vacant
- Parcel ID: 0242030096390
- MLS#: B26067978
About this property
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.
Building Features and Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 2 Bedroom | — | 2 / 1 | — | $1,310/mo | — |
| 2 Bedroom | — | 2 / 1 | — | $1,360/mo | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 1 Bedroom | — | 1 / 1 | — | $1,160/mo | — |
| 2 Bedroom | — | 2 / 2 | — | — | — |
| 3 Bedroom | — | 3 / 2 | — | — | — |
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross income | $45,960/yr |
|---|---|
| Property taxes | $24,454/yr |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 625 MICHIGAN Avenue
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Llinas Realty Group, Inc · willlinas@comcast.net · Listing agent: Wilfredo Llinas
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 625 MICHIGAN Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 625 MICHIGAN Avenue
- How much is 625 MICHIGAN Avenue?
- 625 MICHIGAN Avenue is listed at $2,200,000, about $337 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 625 MICHIGAN Avenue zoned?
- The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 625 MICHIGAN Avenue?
- The listing reports 6,534 square feet of building.
- When was 625 MICHIGAN Avenue built?
- 625 MICHIGAN Avenue was built in 1936. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 625 MICHIGAN Avenue?
- The listing reports annual property taxes of $24,454 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 625 MICHIGAN Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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