When you purchase a home in Florida with Home Max Realty International as your buyer’s agent, you may be eligible to receive up to $5,000* as a rebate at closing.

Save
Ask
Tour
Hide
Share
$4,250,000
120 Days On Site

Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,392
SqFt
$575
/SqFt
1950
Built
County:
Miami-Dade
Call Now: 1-561-540-8122
Is this the listing for you? We can help make it yours.
1-561-540-8122
View photos, virtual tours, details...View photos, virtual tours, details...View photos, virtual tours, details...View photos, virtual tours, details...
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,250,000
Days On Site 
120 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,392 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1950
MLS® Number 
A12037045
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing first seen on site
4 months agoListing updated with changes from the MLS®
General Features
Levels 
Two
Property Sub Type 
Multi Family
SqFt Total 
7392
Zoning 
3900
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
32
Financing Terms Available 
CashConventional
Listing courtesy of CBRE, Inc.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share

READY TO MAKE AN OFFER?

JUST CLICK: START AN OFFER

OR CALL REAL ESTATE BROKER

ALICE LONNQVIST

PHONE: 1-561-540-8122