Atlantic Luxury AdvisorsKeller Williams Realty Services

48 photos

846 Michigan Ave #101

Miami Beach, FL 33139

$1,080,000
3
3.5
1,284 sq ft
1930
Condominium
$520/mo
176
Active

Listing courtesy of Florida Capital Realty. Contact: [email protected].

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.

What it costs to own
Estimated monthly payment
$8,257/mo
Principal and interest
$5,461
Property tax
$1,601
Homeowners insurance
$675
HOA
$520

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$19,210/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$520/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Michigan Art Villa was built in 1947, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.