726 MICHIGAN AVE, Miami Beach, FL 33139

726 MICHIGAN AVE, Miami Beach, FL 33139 is a 8-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1923 with 5,617 square feet of living space on a 7,500 square foot lot. The property is currently owned by ALE REAL ESTATE 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 2014-10-16 for $930,000, when MC GLOBAL REAL ESTATE LLC sold to ALE REAL ESTATE LLC. The property has appreciated $929,900 (929900%) since the prior sale of $100 on 2014-03-20. There are 3 recorded sales for this property.

The 2025 assessed value is $1,600,000 with a market value of $1,600,000. This breaks down to $1,500,000 for the land and $100,000 for the building. The assessed value decreased 16% from $1,908,500 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 $48,292, and the median home value is $190,800.

The population density is 25,929 people per square mile. 726 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 2014 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 172% 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 $166 per square foot — a key metric for comparing value across Miami Beach's real estate market..