734 Michigan Ave, Miami Beach FL 33139 | Miami-Dade County | A12030217
  • $2,940,000

Description

This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Very low Maintenance fees. Two independent units 6 and 7 that are adjacent that combined will give 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces in a complex of only 7 townhouses. This 2 Modern South Beach Tri-level townhomes loft style can be combined for a total of 2890 sq feet. Currently generating $12,500 per month of income. Soaring 28 ft ceilings. Secure complex with only 7 Townhouses . White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high Impact windows and doors. Unbeatable location within 2 blocks to the shopping center on Alton Rd and 5th Ave. Walk to Flamingo Park, the Beach, Lincoln Road, shops, restaurants. Publix, Total Wine and Whole Foods 2 small blocks away.

Property Overview

This private residence at 734 Michigan Ave in Miami Beach offers the appeal of a duplex with the benefits of a low-maintenance townhouse lifestyle. The property consists of two adjacent units—Unit 6 and Unit 7—each independently zoned and currently generating $12,500 per month in income. Together, they combine to create a spacious 2,809 sqft tri-level home featuring four bedrooms, four and a half bathrooms, two private rooftop terraces, and two covered parking spaces. Built in 2006, the home has modern finishes like white porcelain plank floors, stained concrete, high-impact windows and doors, and soaring 28-foot ceilings. Situated in the Ocean Beach Addition No. 3, this property is part of a small, secure complex of just seven townhouses. The layout of each unit is open and bright, with loft-style living spaces that make the most of the modern South Beach aesthetic. With very low HOA fees of $1,114 per month, this home is well-maintained and designed for comfort, blending privacy with a sense of community. The building offers a quiet alternative to high-rise living while still being within walking distance to some of the city's most sought-after destinations. The location is a major advantage. Within two blocks are the shops and dining of Alton Road and 5th Avenue. Flamingo Park, the beach, Lincoln Road, and a variety of restaurants are all within walking distance. Essential amenities like Publix, Total Wine, and Whole Foods are just a few blocks away, making this home ideal for buyers who want convenience and vibrancy. This is a rare opportunity to own a dual-unit property in a prime South Beach neighborhood.

Frequently Asked Questions

How many units are in this property, and can they be combined?

This property consists of two independent units, 6 and 7, which can be combined into a single residence offering a total of four bedrooms and four-and-a-half bathrooms.

What are the monthly HOA fees?

The monthly HOA fee is $1,114.

What is the total square footage of the property?

The combined square footage of the two units is 2,809 square feet.

Is there on-site parking included?

Yes, the property includes two covered parking spaces.

What is the current income potential of the property?

The property is currently generating $12,500 per month in income.

How many townhouses are in the complex?

The complex consists of only seven townhouses, making it a very private and secure community.

Monthly Fees & Carrying Costs

Association Fee $1,114 / month
Total Monthly Fees $1,114 / month

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  • Address: Michigan Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: OCEAN BEACH ADD NO 3

Details

Updated on July 21, 2026 at 4:41 am
  • Property ID A12030217
  • Price $2,940,000
  • Property Size 2809 Sq Ft
  • Year Built 2006
  • Type Duplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Concrete
  • Cooling Central Air
  • Association Type Condo
  • Building OCEAN BEACH ADD NO 3
  • Association Fee Frequency Monthly
  • Area Ocean Beach Add No 3
  • Annual Tax 22375
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision OCEAN BEACH ADD NO 3
  • Total Stories 3
  • Heating Central
  • Structure Type Duplex
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 3300
  • Year Built Details Effective Year Built
  • Flood Zone AE
  • Patio / Porch Patio
  • New Construction No
  • Style Duplex
  • Association Fee 1114
  • Lot Size (Sq Ft) 0

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