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Condominium
$1,520,000$1,064 / sqft
734 Michigan Ave # 7, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,428 sqft
Interior
2006
Year built
$557 / mo
HOA
Condominium
Type
About this home
This exclusive South Beach private residence offers luxury in a prime location without the hassle of highrise living, with very low maintenance fees. Modern Tri level townhouse loft style 2 bedrooms, 2.5 bath with 1428 sq feet under A/C residence. Space boasts soaring 28' ceilings, completed with luxury finishes and appliances in South Beach. The second level offers 2 comfortable bedrooms with in-suite bathrooms, plus a washer and dryer. Dramatic floor-to-ceiling, high-impact resistant windows and stained concrete flooring throughout. Includes 1 covered assigned parking space in a gated garage. Generating $6600 per month. Very low maintenance fee. Walking distance to the beach, Flamingo Park, Lincoln Road, shops, and restaurants. Publix, Total Wine, and Whole Foods are just around the corner. Quiet and secure boutique building with only 7 TH units.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Split Bedroom
- Volume Ceilings
- East Of Us1
- Open Balcony
- Skyline
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.