Zumper

740 Michigan Ave
740 Michigan Ave, Miami Beach, FL 33139, USA

Pet friendly
Monthly rent
$2,100–$2,350
Beds1
Baths1
Sqft525–900
modified
5+ Days Ago

Property Overview

Located in a gated community, the property features spacious closets and ample storage. It's well-positioned for an active lifestyle, with numerous parks, restaurants, and mixed-use spaces nearby, fostering a vibrant social scene. Additionally, the proximity to educational facilities and a variety of pet services highlights its accessibility and convenience.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elementary school nearby
  • Extra Storage
  • Images available

Great for

  • Social life
  • Pet owners

Highlights

  • Pet Friendly
  • gated community
  • gated
  • spacious closets/storage

Units

740 Michigan Ave Miami Beach, FL

New Listing

740-5

1 Bed

1 Bath

$2,100

Listed on 01/28/2026
Listed by Leasing Agent
Days on market: 9
Cozy, remodeled FURNISHED 1/1 in the center of South Beach! Minutes away from the beach. Pullout Couch. Full kitchen. Smart TVs in both living and bed rooms. Very safe neighborhood. Property is gated, code needed to access. Spacious closets/storage. First, Last + Deposit. ONE designated PARKING spot Included. Text Listing Agent Only. Thank you

Available

5

1 Bed

1 Bath

$2,100

Listed on 01/05/2026
Listed by Yannick Cohen
Days on market: 32
Property Status: Active Cozy, remodeled FURNISHED 1/1 in the center of South Beach! Minutes away from the beach. Pullout Couch. Full kitchen. Smart TVs in both living and bed rooms. Very safe neighborhood. Property is gated, code needed to access. Spacious closets/storage. First, Last + Deposit. ONE designated PARKING spot Included. Text Listing Agent Only. Thank you Office Phone: (305) 500-0565 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

740-1

1 Bed

1 Bath

$2,350

Listed on 01/28/2026
Listed by Leasing Agent
Days on market: 9
Large 1/1 (Can Be Used As 2/1) Located In The Center Of South Beach! Minutes Away From The Beach. Full Kitchen. Property is Gated, Code Needed To Access. Spacious Closets/Storage. First, Last + Deposit. One Designated PARKING spot INCLUDED! Text Agent For More Details.

Available

1

1 Bed

1 Bath

$2,350

Listed on 12/29/2025
Listed by Yannick Cohen
Days on market: 39
Property Status: Active Large 1/1 (Can Be Used As 2/1) Located In The Center Of South Beach! Minutes Away From The Beach. Full Kitchen. Property is Gated, Code Needed To Access. Spacious Closets/Storage. First, Last + Deposit. One Designated PARKING spot INCLUDED! Text Agent For More Details. Office Phone: (305) 500-0565 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 740 Michigan Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Garage Parking
  • Storage
  • On-Site Laundry
Unit Amenities
  • Furnished
  • Ceiling Fan
  • Assigned Parking
  • In-Unit Laundry
  • On-Site Laundry
  • Hardwood Floor

Policies at 740 Michigan Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 740 Michigan Ave

HomeApartments in Miami BeachFlamingo - Lummus 740 Michigan Ave #740-5, Miami Beach, FL 33139, USA

Enjoy the ultimate Miami Beach lifestyle at 740 Michigan Ave, nestled in the vibrant Flamingo-Lummus neighborhood! This intimate community consists of 7 units, offering spacious 1-bedroom floorplans ranging from 525 to 900 square feet. Residents can take advantage of top-rated schools nearby, including an A-rated elementary school and high school. Highlights of this property include a gated community, spacious closets, smart TVs, and large 1-bedroom layouts. Additional amenities include storage and garage spaces. With furnished units and long-term rentals, this property is perfect for those seeking a hassle-free living experience. Although pets are not permitted, the benefits of this property make it an attractive choice for those seeking a comfortable and secure living environment.

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Address details

Units7
Units available4
Neighborhood
City
Zip code33139

740 Michigan Ave #740-5 is great for:

Social life

  • 776 restaurants within 1 mile of this property
  • Area has 78 parks and recreation options
  • Diverse age groups live in this area
  • 731 mixed-use spaces nearby

Pet owners

  • 2 dog parks within 1 mile
  • 11 pet supply stores near the property
  • 3 pet hospitals in the area
  • 2 pet grooming services nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 740 Michigan Ave, Miami Beach, FL 33139, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.3 mile away
Extra Storage
Upgraded in-unit features
Images available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 3 miles away
Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Miami Beach

1-bedroom apartments here are priced 6% higher than 1-bedrooms in Flamingo - Lummus.

Median rents as of Jan 31 2026.
Flamingo - Lummus
Miami Beach
A table of studio rental data trends in Miami Beach
MonthMedian Rent
February 2024$2,000
March 2024$2,000
April 2024$2,064
May 2024$2,033
June 2024$1,999
July 2024$1,950
August 2024$1,900
September 2024$1,900
October 2024$1,887
November 2024$1,930
December 2024$1,950
January 2025$1,900
February 2025$1,868
March 2025$1,960
April 2025$1,925
May 2025$1,978
June 2025$1,987
July 2025$1,955
August 2025$1,942
September 2025$1,914
October 2025$1,900
November 2025$1,940
December 2025$1,937
January 2026$1,935
A table of studio rental data trends in Flamingo - Lummus
MonthMedian Rent
February 2024$1,850
March 2024$1,805
April 2024$1,800
May 2024$1,800
June 2024$1,800
July 2024$1,800
August 2024$1,800
September 2024$1,799
October 2024$1,762
November 2024$1,790
December 2024$1,850
January 2025$1,812
February 2025$1,800
March 2025$1,835
April 2025$1,837
May 2025$1,800
June 2025$1,797
July 2025$1,750
August 2025$1,771
September 2025$1,760
October 2025$1,758
November 2025$1,750
December 2025$1,750
January 2026$1,748

Affordability calculator

Can I afford to live at 740 Michigan Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$89,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $89,000 annually to afford this 1-bedroom median monthly rent price of $2,225.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 740 Michigan Ave, Miami Beach, FL.
2 months ago$1,9501 bed1 bath
6 months ago$1,9751 bed1 bath
1 year ago$2,050Studio1 bath
1 year ago$2,0501 bed1 bath
1 year ago$1,950Studio1 bath
1 year ago$2,5001 bed1 bath
2 years ago$2,1501 bed1 bath
2 years ago$2,050Studio1 bath
2 years ago$2,185Studio1 bath

Schools near 740 Michigan Ave #740-5

South Pointe Elementary School

1050 4th st

miami beach, FL, 33139

PK, K-5Public
A-

Miami-Dade Virtual High School Franchise

1501 ne 2nd ave

miami, FL, 33132

K-12Public
B

Chapman Partnership North Early Childhood Center

1550 n miami ave

miami, FL, 33136

PKPublic

Thena Crowder Early Childhood Diagnostic Special Education Center

757 nw 66th st

miami, FL, 33150

PK, KPublic

Teenage Parent Program

6300 nw 27th ave rm 92

miami, FL, 33147

PKPublic
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Neighborhood

Flamingo - Lummus | Miami Beach, FL

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Miami Beach near 740 Michigan Ave

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 740 Michigan Ave, Miami Beach

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

8/10
Several bars within a few minutes’ walk

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