1525 MICHIGAN AVE, Miami Beach, FL 33139

1525 MICHIGAN AVE, Miami Beach, FL 33139 is a multifamily 10 units plus : multifamily 3 or more units built in 1956 with 8,746 square feet of living space on a 7,500 square foot lot. The property is currently owned by 1525 35 MICHIGAN LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-05-11 for $4,224,000, when ATLANTIC LOFT LLC sold to 1525 35 MICHIGAN LLC. The property has appreciated $424,000 (11%) since the prior sale of $3,800,000 on 2020-08-26. There are 3 recorded sales for this property.

The 2025 assessed value is $1,355,074 with a market value of $1,355,074. This breaks down to $1,350,000 for the land and $5,074 for the building. The assessed value decreased 9% from $1,490,074 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $41,263, and the median home value is $450,000.

The population density is 13,556 people per square mile. 1525 MICHIGAN AVE, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2009 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 32% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $483 per square foot — a key metric for comparing value across Miami Beach's real estate market..