4515 N Michigan Ave
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $636/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Miami Beach
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $5,950,000 | $1,490 |
| 2026-07-20 | Listing removed | $5,950,000 | $1,490 |
| 2026-07-13 | Listed for sale | $5,950,000 | $1,490 |
| 2026-06-17 | Listing removed | $5,950,000 | $1,490 |
| 2026-05-13 | Price change | $5,950,000 | $1,490 |
| 2026-04-11 | Listed for sale | $6,350,000 | $1,590 |
| 2016-03-25 | Sold | $3,000,000 | $751 |
| 2014-12-04 | Sold | $890,000 | $223 |
| 2014-09-04 | Listing removed | $949,000 | $238 |
| 2013-07-19 | Price change | $949,000 | $238 |
| 2011-05-18 | Price change | $950,000 | $238 |
| 2010-10-12 | Listed for sale | $1,200,000 | $300 |
| 1994-02-08 | Sold | $170,000 | $43 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $41,319.9 | $2,244,168 |
| 2024 | $40,207.84 | $2,180,922 |
| 2023 | $39,234.51 | $2,117,400 |
| 2022 | $37,850.97 | $2,055,729 |
| 2021 | $37,745.97 | $1,995,854 |
| 2020 | $38,118.74 | $2,009,779 |
| 2019 | $38,426.14 | $2,023,705 |
| 2018 | $38,367.05 | $2,081,394 |
| 2017 | $38,367.05 | $2,041,153 |
| 2016 | $38,092.38 | $1,134,965 |
| 2015 | $14,249.57 | $719,228 |
| 2014 | $11,048.04 | $491,663 |
| 2013 | $8,799.58 | $446,967 |
| 2012 | $8,799.58 | $406,334 |
| 2011 | $7,646.17 | $369,395 |
| 2010 | $8,151.25 | $369,395 |
| 2009 | $9,057.24 | $440,294 |
| 2007 | $15,887.6 | $787,507 |
| 2006 | $12,216.4 | $0 |
| 2005 | $12,216.4 | $0 |
| 2004 | $10,328.7 | $0 |
| 2003 | $7,760.53 | $0 |
| 2002 | $5,494.62 | $0 |
| 2001 | $5,494.62 | $0 |
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