734 Michigan Homes for Sale

734 Michigan Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,400,000 to $1,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in 734 Michigan and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers 734 Michigan and the Miami Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 734 Michigan Miami Beach homes for sale as of October 2026. The median asking price is $1.47M. Asking prices run from $1.42M to $1.52M.

That is 126% above the Miami Beach median of $650,000. On a per-foot basis, homes here ask about $1,046 per square foot, compared with $697 across Miami Beach. So the median price buys roughly 1,400 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 145 days on the market. That tracks the Miami Beach average of 174 days, so pricing and terms follow the wider city market.

Homes listed in 734 Michigan date from 2006, so they are about 20 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

734 Michigan is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $1.47M, 734 Michigan sits in the luxury tier of Miami Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median 734 Michigan price means in Florida closing terms. At $1.47M, a 20% down payment comes to about $294,000, leaving a loan near $1.18M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,116. Next, the intangible tax of 0.2% adds about $2,352. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $8,820 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent 734 Michigan listings show assignments to Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle) and Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.