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Condominium
$1,420,000$1,028 / sqft
734 Michigan Ave # 6, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,381 sqft
Interior
2006
Year built
$557 / mo
HOA
Condominium
Type
About this home
Remodeled trilevel Townhouse with 28 foot ceilings and new white porcelain plank flooring throughout. Very low Maintenance fees. Private rooftop terrace and hot tub. Quiet and secure building with only 7 units. Bright, open living space. Impact windows, 2 bedrooms?, and 2 full bathrooms. Includes 1 assigned covered parking space in a secure garage. Unbeatable location within 2 blocks of the shopping center at Alton Road and 5th Street. Walk to Flamingo Park, the beach, Lincoln Road, shops, and restaurants. Publix, Total Wine, and Whole Foods are just around the corner. This exclusive, private residence offers luxury in a prime location without the hassle of high-rise living, with very low maintenance fees.
Features
- First Floor Entry
- Built-in Features
- Fire Sprinklers
- Split Bedroom
- Vaulted Ceiling(s)
- Volume Ceilings
- East Of Us1
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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.