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1616 Michigan Ave, Miami Beach 33139
1940
Year Built
14
Units
1
For Sale
$1.4M
Avg Price
$695
Sale $/SF
1
For Rent
$1,750
Avg Rent
$4.73
Rent $/SF
+50.0%
YoY
For Sale
1
For Rent
1
Investor-Owned
64%
Avg HOA
$2,372/mo
Address
1616 Michigan Ave, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1940
Total Units
14
Avg Unit Sqft
609 SF
Tier
Premium
Avg $/SF
$695.12
Avg Rent
$1,750/mo
Rent $/SF
$4.73/SF
HOA Range
$2,372 – $2,372
Neighborhood Rank
Top 100%
Avg Unit Value
$220K
Total Sales (All-Time)
53
Sale Price Trend ($/SF)
$695
Rental Price Trend ($/SF)
$4.13
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Active Listings
For Sale (1)

$1.4M
Unit 1For Rent (1)

$2K
Unit 11Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Aug 9, 2024 | $195K | $527.03 | —/1 | 370 |
| Aug 16, 2023 | $240K | $600 | —/1 | 400 |
| Aug 24, 2022 | $141K | $352.5 | —/1 | 400 |
| Jul 25, 2022 | $165K | $392.86 | —/1 | 420 |
| Jul 19, 2022 | $145K | $391.89 | —/1 | 370 |
| Nov 4, 2021 | $167K | $439.47 | —/1 | 380 |
| Nov 5, 2020 | $144K | $378.95 | —/1 | 380 |
| Nov 1, 2019 | $224K | $306.85 | 1/— | 730 |
| Mar 27, 2019 | $143K | $357.5 | —/1 | 400 |
| Mar 3, 2019 | $224K | $306.85 | 1/1 | 730 |
Total Units
14
Avg Sqft
609 SF
Avg Assessed
$193K
Owner-Occupied
36%
Tax & Ownership
Investor-Owned
64%
Owner-Occupied
36%
Avg Assessed Value
$193K
Avg Taxable Value
$175K
Effective Year Built
1940
Zoning
3900
Unit Mix
Avg 393 SF
Avg 666 SF
Avg 2,050 SF
Unit Directory
Showing 10 of 14 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 1 | 3 | 4 | 2,050 | $601K | ✓ | $310K | $151 | Aug 2011 |
| 3 | 1 | 1 | 730 | $251K | — | $224K | $307 | Mar 2019 |
| 4 | 1 | 1 | 610 | $218K | — | $97K | $159 | Apr 2010 |
| 6 | 1 | 1 | 670 | $105K | ✓ | $62K | $93 | Aug 1998 |
| 7 | 1 | 1 | 660 | $240K | — | $215K | $326 | Oct 2016 |
| 8 | 1 | 1 | 660 | $107K | ✓ | $215K | $326 | May 2005 |
| 9 | 0 | 1 | 420 | $150K | — | $164K | $390 | May 2015 |
| 10 | 0 | 1 | 380 | $132K | ✓ | $144K | $379 | Nov 2020 |
| 11 | 0 | 1 | 370 | $151K | — | $195K | $527 | Aug 2024 |
| 12 | 0 | 1 | 400 | $150K | — | $83K | $208 | Aug 2002 |
Top Agents in This Building
Top Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
Howard Chase Real Estate | 1 | 2 | $381K |
Berkshire Hathaway HomeServices | 1 | 2 | $290K |
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Neighborhood
South Beach →
View all buildings in this area
Building Snapshot
| 1 |
| 1 |
| $195K |
The Corcoran Group | 1 | 1 | $167K |
Coldwell Banker | 1 | 1 | $141K |