716 Michigan Ave · Miami Beach, FL 33139 · South Beach

Michigan Towers

5-story mid-rise, completed 1970, 19 residences in South Beach. Nothing listed on Nov 2, 2026; 2 sales closed in the last 12 months.

Tell me your unit and I'll prepare its value myself, from Michigan Towers's closed sales and what is listed now. Then we talk it through.

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At a glance Michigan Towers (716 Michigan Ave, South Beach) is a 5-story, 19-unit building completed in 1970. As of Nov 2, 2026, no unit is listed for sale or for rent; the median closed price was $349 per square foot over 4 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
0
For rent
0
Median $/SF
$3494 sales · 24 mo
Sold
2last 12 months
Built
1970
Floors
5
Residences
19county
Flood zone
AEFEMA
Owner-occupied
37%
Avg. unit
695sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Michigan Towers.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Nothing listed at Michigan Towers on Nov 2, 2026.

That is exactly when off-market outreach works. Tell me which line you want and I'll approach the owners directly.

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Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Michigan Towers.

Activity as of Nov 2, 2026
  • Resale -8%. The median closed price moved from $378/SF in 2024 (3 sales) to $347/SF in 2025 (3 sales), the first and last years with three or more recorded sales.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Michigan Towers is a 5-story mid-rise at 716 Michigan Ave in South Beach, built in 1970. County folio records count 19 residences, averaging 695 SF of living area.

Nothing was listed for sale on November 2, 2026. Two sales closed between November 2, 2025 and November 2, 2026, from $185K to $260K, $351 and $394/SF. The year before saw two closed sales.

Three leases were signed over the same 12 months, at a median $2,500 a month (range $2,500 to $2,600).

County records show 37% of residences as owner-occupied.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
716 Michigan Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1970
Floors
5
Residences (county-verified)
19
Owner-occupied
37% of residences
Avg. unit size
695 sq ft
Total living area
13,210 sq ft
County condo folios
19
Recorded MLS listings
23

The numbers at Michigan Towers.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

$204$408$2692020$4082023$3782024$3472025$3512026$204$408$2692020$4082023$3782024$3472025$3512026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)1$351*3$2,500/mo
20253$347––
20243$3783$2,200/mo
20231$408*2$2,050/mo*
2021––1$1,800/mo*
20202$269*2$1,488/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 10 sales · 11 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 4

UnitBDBASFAskedClosed$/SFClose dateDOM
20221740$345,000$260,000$351Jan 30, 2026290
30501470$208,000$185,000$394Nov 25, 2025168
20411750$285,000$260,000$347Oct 9, 2025117
30211740$260,000$250,000$338Oct 1, 202553

Leases signed Nov 2, 2025 to Nov 2, 2026 · 3

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
30321750$2,550/mo$2,500/mo$3.33Jul 16, 20268
40211740$2,500/mo$2,500/mo$3.38Feb 1, 202618
20221740$2,600/mo$2,600/mo$3.51Feb 1, 2026236

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Michigan Towers.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2000

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1970 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Michigan Towers

5 more nearby

Smaller buildings close by: 734 Michigan (30 m) · Lenox on the Beach (80 m) · Harmony Villa (120 m) · Studio 744 (130 m) · The 1120 on 7th St (150 m) · Miami Beach Townhouses (150 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Michigan Towers's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at Michigan Towers lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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