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Active
Condominium
$480,000$485 / sqft

1600 Michigan Ave # 2, Miami Beach FL 33139

2
Bedrooms
2
Bathrooms
990 sqft
Interior
1936
Year built
$800 / mo
HOA
Condominium
Type

About this home

Fully renovated and upgraded 2BD/2BA ground-floor residence in the heart of Miami Beach’s beloved Art Deco Historic District. This move-in ready unit features granite countertops, stainless steel appliances, in-unit washer and dryer, and beautiful wood flooring (just 2 years old). Enjoy 10-foot ceilings that bring in great natural light and create an open, airy feel throughout. Additional features include central A/C, hurricane-impact windows, and a patio for a peaceful, relaxed lifestyle. Step outside to the vibrant energy of Lincoln Road and reach the ocean within minutes. Surrounded by top dining, shopping, and lifestyle options, this location truly has it all. Furry friends are always welcome!

Features

  • First Floor Entry
  • None

Estimated loan & HOA

$3,227

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,427
HOA
$800 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Pink Miami Real Estate

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.