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Map
$4,235,019*
●
Commercial -
Off Market
545 Michigan Ave
Miami Beach, FL 33139
Studio
0 Bath
$2,246,000 - $2,744,000
Reference Base Price*
69.74%
Since Jun 1, 2020
FL-Miami
Primary Model
About This Property
4928 SQFT BUILDING ON 7000 SQFT LOT - COMMERCIAL ZONED -HOTEL
DEVELOPMENT OPPORTUNITY! BUILD TO A 30+ ROOM HOTEL UP TO 14000SQFT
BUILDING AT 335SQFT PER ROOM! ADJACENT TO WALLGREENS, 1 BLOCK FROM
PUBLIX SUPERMARKET, PLANNED TARGET & RETAIL DEVELOPMENT! HOTEL
ROCA, 2 BLOCKS TO URBANICA HOTEL, SOUTH BEACH TROLLEY & DOWNTOWN
MIAMI TROLLEY AND BAPTIST URGENT CARE!!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,865
HOA Dues
-
Year Built
1939
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2020 | No longer available | - | |
| No longer available | |||
| Aug 11, 2019 | Price Decreased |
$2,495,000
↓ $200K
(7.4%)
|
|
| Price Decreased | |||
| Jul 19, 2019 | Price Decreased |
$2,695,000
↓ $255K
(8.6%)
|
|
| Price Decreased | |||
| Apr 21, 2019 | Listed | $2,950,000 | |
| Listed | |||
Property Highlights
545 Michigan Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
2
Beds
2.5
Baths
1,434 ft²
$1,733/ft²
$2,485,000
Mar 8, 2023
-
$6,350/mo
Active
Condo
2
Beds
2.5
Baths
1,991 ft²
$1,230/ft²
$2,449,000
Mar 9, 2023
-
$5,592/mo
Active
Condo
2
Beds
2.5
Baths
1,728 ft²
$1,412/ft²
$2,440,000
Jul 26, 2022
-
$2,193/mo
Active
Condo
3
Beds
2
Baths
1,559 ft²
$1,636/ft²
$2,550,000
May 16, 2023
-
$4,649/mo
Active
Condo
2
Beds
2.5
Baths
1,425 ft²
$1,807/ft²
$2,575,000
Mar 15, 2023
-
$3,706/mo
Active
Condo
3
Beds
3.5
Baths
1,994 ft²
$1,179/ft²
$2,350,000
Apr 14, 2023
-
$2,448/mo
Active
Condo
2
Beds
2.5
Baths
1,402 ft²
$1,926/ft²
$2,700,000
Apr 12, 2023
-
$5,853/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/01/2021
|
|
Studio
|
-
|
5466 ft²
|
$2,750,000
Studio
-
5466 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
|
04/21/2019
|
|
Loft
|
-
|
-
|
$2,950,000
Loft
-
|
-
-
|
-
|
Andy Aberman
United Realty Group, Inc
|
Building Info
About Flamingo - Lummus
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