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Pinnacle Real Estate Group – FL

, Miami Beach, FL 33139 (MLS# A12037045)

Miami Beach, FL 33139

$4,250,000
Property Type: Commercial Sale Square Footage: 7,392 Status: Active
Current Price: $4,250,000 List Date: 6/15/2026 Last Modified: 7/07/2026

Overview

Description

1535 West Ave is an exceptionally rare, fully gut-renovated multifamily asset in the heart of South Beach. Simply put, the Property represents one of the most comprehensively upgraded Art Deco multifamily offerings currentlyavailable in this highly sought-after market.In addition, a sister property located at 733 Michigan Avenue—comprised of 10 similarly renovated units—is available for acquisition either individually or as part of a portfolio, providing investors with immediate scale and operational efficiencies.Ownership has invested over $800,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 1535 West Ave consists of four (4) 2-bedroom / 1-bathroom units averaging $3,140 in current rents and four (4) 3-bedroom / 2-bathroom units averaging $4,463, all secured under 12-month leases. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offeri ...

Listing Details MLS# A12037045

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
2
Occupant Type
Call Listing Agent
Building Area Main
7392
Year Built
1950
Lot Size Area
7500
Lot Size Acres
0.17
Stories Total
2

Property Features

Listing Terms: Cash; Conventional

Contract Information

Comp Sale YN
No
Original List Price
4250000

Location and Legal

County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
2342
Subdivision Number
18
Zoning
3900
Flood Zone
AE

Financial Information

Tax Legal Description
33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 6 BLK 66 A LOT SIZE 50.000 X 150 OR 19204-3538 06 2000 1

Status Change Information

Major Change Timestamp
2026-06-15T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-15

More Information

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
4
Furnished
Yes
Annual Rent
3140

Description of Unit Type 2

Unit Type
3 Bedroom
Units Total
4
Furnished
Yes
Annual Rent
4463

Price Calculations

Current Price To SqFt
574.94

Section Details

Parcel Number MLX
0620

Originating Details

Originating System Key
513773518
Originating System ID
M00000151
IDX
Listing Office: CBRE, Inc.
Last Updated: July - 07 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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