Miami Beach, FL 33139

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Presented By: This listing is courtesy of CBRE, Inc.
  • MLS# A12037045
  • 06/15/2026
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  • Beds • 4
  • SQFT • 7,392

Home Details

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 currently available 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, offering an additional monetization pathway. Strategically located at the epicenter of South Beach, the Property benefits from immediate proximity to the area’s premier demand drivers, including Lincoln Road, Ocean Drive, Collins Avenue, and Washington Avenue. South Beach remains one of the most supply-constrained multifamily submarkets in the United States, with significant barriers to entry and enduring global appeal.
Presented By: This listing is courtesy of CBRE, Inc.

Interior Features for

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths

General for

CityMiami Beach
CountyMiami-Dade
Full Baths
Legal Description33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 6 BLK 66 A LOT SIZE 50.000 X 150 OR 19204-3538 06 2000 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7500
Lot Size UnitsSquareFeet
MLS Area32
Number Of Units Total8
Occupancy TypeCallAgent
PostalCityMiami Beach
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Standard StatusActive
StatusActive
Stories Count2
Structure TypeApartment, MultiFamily
Virtual TourClick here
Year Built1950
Zoning Description3900

Exterior for

Building Area Total7392
Covered Spaces
Lot Size Area7500
Number of Buildings1
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Caitlin Green

BK-Broker associate
Price $4,250,000
MLS#A12037045
List Date 06/15/2026
Property Type Single Family
Phone 954.999.3270
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