642 Michigan Ave — 1BR/1BA, Miami Beach, FL | $275,000

Condo for sale at 642 Michigan Ave, Miami Beach, FL. 1 bedroom and 1 bathroom. Interior living area is 520 square feet. Listed at $275,000 on the MLS.

Investor/Developer Opportunity in South Beach Location! Located in the heart of South Beach, this property offers unbeatable location value just steps from the beach, Lincoln Road, and all that Miami Beach has to offer. The building currently does not have a Certificate of Occupancy, presenting a unique opportunity for redevelopment or major renovation. Ideal for savvy investors or developers seeking a value-add or ground-up project in one of Miami’s most desirable markets. Unlock the full potential of this site in a high-demand area poised for transformation.

About Miami Beach, FL

Miami Beach is a world-famous destination spanning a 7-mile barrier island between the Atlantic Ocean and Biscayne Bay. From the legendary South Beach with its Art Deco Historic District to the sophisticated Mid-Beach and family-friendly North Beach, this city offers distinct neighborhoods each with their own character. The iconic Ocean Drive, Lincoln Road, and Collins Avenue provide endless entertainment, shopping, and dining options.

Life in Miami Beach revolves around the ocean and outdoor living. Residents enjoy morning walks on the boardwalk, sunset cocktails at beachfront hotels, and a calendar filled with art fairs, music festivals, and cultural events. The community attracts artists, entrepreneurs, and those seeking a glamorous yet relaxed coastal lifestyle.

Miami Beach real estate features some of the most desirable oceanfront properties in the world. From historic Art Deco condos to ultra-modern luxury towers with full-service amenities, the market caters to discerning buyers. Waterfront estates on exclusive islands and boutique buildings offer privacy and prestige.

Contact The Hoffmann Group Real Estate at 305.962.6326 to schedule a private showing or to discuss buyer representation for this property.

The Hoffmann Group Real Estate
Impressive exterior facade at 642 Michigan Ave - Condo in Miami Beach
Open-concept living area at 642 Michigan Ave - Condo in Miami Beach
Modern kitchen with designer features at 642 Michigan Ave - Condo in Miami Beach
Elegant master bedroom retreat at 642 Michigan Ave - Condo in Miami Beach
Designer master bathroom at 642 Michigan Ave - Condo in Miami Beach
Private balcony with scenic views at 642 Michigan Ave - Condo in Miami Beach
Well-appointed guest bedroom at 642 Michigan Ave - Condo in Miami Beach
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Property Highlights

  • 1 Bedroom, 1 Bathroom
  • 520 SF of Living Space
  • Located in Miami Beach
  • $529 per Square Foot

Private & Secure

Exclusive Market Analysis

The gated community setting provides the security and exclusivity that families increasingly prioritize. Beyond peace of mind, gated communities in Miami Beach typically feature maintained common areas, controlled traffic, and a cohesive neighborhood aesthetic that supports property values. Contact The Hoffmann Group for a private showing and detailed market analysis comparing this property to recent area sales.

Key Highlights

Gated Community: 24/7 security and privacy
Floor Plan: 1 Bed, 1 Bath
Living Space: 520 SF
Price Per SF: $529

Property Description

Investor/Developer Opportunity in South Beach Location! Located in the heart of South Beach, this property offers unbeatable location value just steps from the beach, Lincoln Road, and all that Miami Beach has to offer. The building currently does not have a Certificate of Occupancy, presenting a unique opportunity for redevelopment or major renovation. Ideal for savvy investors or developers seeking a value-add or ground-up project in one of Miami’s most desirable markets. Unlock the full potential of this site in a high-demand area poised for transformation.

Location & Lifestyle

Distance to Key Destinations

Miami International Airport

20 min drive

Lincoln Road Mall

5 min drive

South Beach

10 min drive

Mount Sinai Medical Center

10 min drive

Lifestyle Features

Art Deco District

Hoffmann Insight

Exclusive property analysis from The Hoffmann Group

Price Per Sq Ft

$529

Calculated based on listing price and living area

Property Era

Historic Pre-War

Built in 1925 (101 years old)

Bathroom Ratio

Premium Comfort

1.0 bathrooms per bedroom

Living Space Rating

Generously Sized

520 sq ft per bedroom

Est. Monthly Taxes

$424

Based on 1.85% county rate

Market Position

Accessible Luxury

Classification based on South Florida luxury market

Analysis generated by The Hoffmann Group based on property data and local market expertise.

Property Features

  • Balcony
  • Security

Click on highlighted features to see similar properties in Miami Beach

Frequently Asked Questions

Common questions about 642 Michigan Ave

Estimated annual property taxes for 642 Michigan Ave are approximately $5,088 based on the 1.85% Miami-Dade County tax rate. However, taxes are calculated on assessed value (typically 80% of market value), which could reduce this to around $4,070. Homestead exemptions can save an additional $1,000-$1,500 annually. Contact the Miami Beach Property Appraiser for the official assessment.

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For Sale

$275,000

Est. Payment $1,391/mo

Historic Island Residence at 642 Michigan Ave

Miami Beach, FL 33139

1

Bed(s)

1

Bath(s)

520

Sqft

$529

$/Sq.Ft

Inquire About This Property

Basic Information

MLS #A11841046
TypeCondo
StatusActive
Year Built1925
Date Listed03/25/2026
Days on Market77

Exterior Features

FeaturesBalcony

Market Pulse

As of June 2026

This is the only listing currently available on Michigan Ave.

0 similar properties are available in Miami Beach (33139).

Last updated: Jun 10, 2026

Curious what homes are actually selling for? View Miami Beach Sold Data

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