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846 Michigan Ave #101, Miami Beach, FL, 33139

3beds
4baths
1,284sqft
$1,080,000
$841price/sqft
$7,422/moest. monthly cost
$296,880/yrincome needed

About This Home

LOW HOA! Located in the heart of SOBE, this renovated 3bed 3bath (each bed with its own bath) + guest bath is unique & one of a kind. Feels like a house in a Mediterranean-style boutique building with only 3 total units w/separate entrances & totally independent of each other. Features: Hurricane Impact windows, 5 color TVs, storage with AC, Laundry room, LED lights, new kitchen with SS apps, tiled floors, baths with Italian fixtures, bidet in master bath and spacious living room leading directly large outdoor PRIVATE garden with piano bar perfect for meetings & entertaining. Just a few blocks from S. Pointe, Ocean Dr, Lincoln Rd\tennis center and 5th & Alton shops, parks, shops, restaurants and nightlife. Low monthly HOA fee. Street Parking Accessible. Tenant Occupied. See broker remarks.

Getting Around

95
WalkingWalker's Paradise
50
TransitGood Transit
79
BikeVery Bikeable

Schools

9/10
5/10
Nautilus Middle SchoolGrades 6-82.5 mi
4/10

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Other

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,284
  • Total interior livable area: 1,284 sqft

Property

Details

  • Parcel number: 0242033000010
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Exterior features: Other,Courtyard
  • Has view: Yes
  • View description: Other

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,461$65,532
Home Insurance *$20$240
Property Taxes $1,744$20,928
Electricity $197$2,366
Total$7,422$89,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$254,468/yr
40% on housing$222,660/yr
45% on housing$197,920/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$841This listing

vs Other Active Listings

Avg $/sqft

ZIP 33139$838
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33139$2,481
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for rent$6,000
2025-09-05Listing removed$4,900
2025-06-18Price change$4,900
2025-06-01Listed for rent$5,300
2024-09-03Price change$1,080,000
2024-05-13Listing removed--
2024-04-20Price change$5,650
2023-12-31Listed for rent$6,000
2023-12-14Listing removed--
2023-10-23Price change$6,000
2023-10-11Price change$6,500
2023-06-13Listed for rent$8,500
2023-05-01Listing removed--
2023-02-22Listed for rent$8,500
2023-01-27Price change$1,240,000
2021-01-11Listing removed--
2020-07-08Listed for rent$4,950
2020-07-07Listed for sale$875,000
2020-03-10Listing removed$4,950
2019-08-01Listing removed$875,000
2019-08-01Listed for rent$4,950
2019-07-01Listing removed$4,950
2019-06-07Price change$4,950
2019-05-10Listed for sale$875,000
2019-04-08Listed for rent$5,500
2015-12-31Sold$394,000
2005-07-19Sold$359,000

For Sale by Agent

AgentAnthony Santiago PA
BrokerageFlorida Capital Realty

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