1544 MICHIGAN AVE, Miami Beach, FL 33139

1544 MICHIGAN AVE, Miami Beach, FL 33139 is a 5-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1935 with 3,242 square feet of living space on a 8,000 square foot lot. The property is currently owned by 1544 MICHIGAN AVE LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-02-06 for $1,200,000, when DALE T RUSSELL sold to 1544 MICHIGAN AVE LLC. The property has appreciated $1,065,000 (789%) since the prior sale of $135,000 on 1989-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,601,000 with a market value of $1,601,000. This breaks down to $1,600,000 for the land and $1,000 for the building. The assessed value decreased 9% from $1,761,000 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. There are active mortgage liens totaling $1,598,414 recorded against this property. 1544 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 1988 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 133% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $370 per square foot — a key metric for comparing value across Miami Beach's real estate market..