5+ Days Ago
Highlights
- Gated community
- Spacious closets/storage
- Smart tvs
Location
740 Michigan Ave #5, Miami Beach, FL 33139, USA|Flamingo - Lummus
Tour 740 Michigan Ave #5
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Property Overview
Located in a gated community, the residence offers spacious closets and ample storage, enhancing comfort and convenience. Notable features include smart TVs, elevating the living experience with modern technology. Ideal for those seeking a vibrant lifestyle in Miami Beach, this property combines accessibility, security, and contemporary amenities.
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
Less expensive- Elementary school nearby
- Extra Storage
Great for
Social life
Amenities for 740 Michigan Ave #5, Flamingo - Lummus
Apartment Amenities
| Ceiling Fan | Furnished |
Appliances
| Electric |
Grounds
| Garage Parking | Storage |
Other
| Ceiling Fans |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
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About 740 Michigan Ave #5
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. 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.
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
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- 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
- Pet friendly
- Rentals at this address allow pets
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
Address details
| Neighborhood | Flamingo - Lummus |
|---|---|
| Zip code | 33139 |
| Type | Apartment for rent |
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Rent trends in Flamingo - Lummus
1-bedroom apartments at 740 Michigan Ave #5 cost about 7% less than the average rent price for 1-bedroom apartments in Miami Beach.
Median rents as of Apr 4 2026.
Flamingo - Lummus
Miami Beach
| Month | Median Rent |
|---|---|
| April 2024 | $2,625 |
| May 2024 | $2,700 |
| June 2024 | $2,710 |
| July 2024 | $2,612 |
| August 2024 | $2,648 |
| September 2024 | $2,587 |
| October 2024 | $2,500 |
| November 2024 | $2,470 |
| December 2024 | $2,500 |
| January 2025 | $2,462 |
| February 2025 | $2,400 |
| March 2025 | $2,500 |
| April 2025 | $2,700 |
| May 2025 | $2,550 |
| June 2025 | $2,522 |
| July 2025 | $2,518 |
| August 2025 | $2,519 |
| September 2025 | $2,505 |
| October 2025 | $2,510 |
| November 2025 | $2,500 |
| December 2025 | $2,450 |
| January 2026 | $2,428 |
| February 2026 | $2,367 |
| March 2026 | $2,412 |
| April 2026 | $2,500 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,200 |
| May 2024 | $2,200 |
| June 2024 | $2,194 |
| July 2024 | $2,100 |
| August 2024 | $2,120 |
| September 2024 | $2,200 |
| October 2024 | $2,200 |
| November 2024 | $2,174 |
| December 2024 | $2,128 |
| January 2025 | $2,187 |
| February 2025 | $2,162 |
| March 2025 | $2,263 |
| April 2025 | $2,211 |
| May 2025 | $2,198 |
| June 2025 | $2,200 |
| July 2025 | $2,170 |
| August 2025 | $2,100 |
| September 2025 | $2,100 |
| October 2025 | $2,100 |
| November 2025 | $2,100 |
| December 2025 | $2,087 |
| January 2026 | $2,100 |
| February 2026 | $2,100 |
| March 2026 | $2,100 |
| April 2026 | $2,200 |
Affordability calculator
Can I afford to live at 740 Michigan Ave #5?
Bedrooms
1 bedroomRent-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
$82,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $82,000 annually to afford this 1-bedroom monthly rent price of $2,050.
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.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $2,350 | 1 bed | 1 bath | ||
| Last month | $2,350 | 1 bed | 1 bath | ||
| 4 months ago | $1,950 | 1 bed | 1 bath | ||
| 8 months ago | $1,975 | 1 bed | 1 bath | ||
| 1 year ago | $2,050 | Studio | 1 bath | ||
| 1 year ago | $2,450 | 1 bed | 1 bath | ||
| 1 year ago | $1,950 | Studio | 1 bath | ||
| 2 years ago | $2,500 | 1 bed | 1 bath | ||
| 2 years ago | $2,150 | 1 bed | 1 bath |
Schools near 740 Michigan Ave #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
Miccosukee Indian School
mile marker 70 tamiami trail
miami, FL, 33194
K-12Public
Chapman Partnership North Early Childhood Center
1550 n miami ave
miami, FL, 33136
PKPublic
United Way Center for Excellence in Early Education Demonstration School
3250 sw 3rd ave
miami, FL, 33129
PKPublic
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Internet available near 740 Michigan Ave #5
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 #5
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 #5, 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
Other units at this address
740 Michigan Ave, Miami Beach, FL
740 Michigan Ave Miami Beach, FL
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1 Bed, 1 Bath
1 Bed
1 Bath
$1,150
In-Unit Laundry
Occupied
6
1 Bed
1 Bath
$1,190
In-Unit Laundry • Assigned Parking • Furnished
Occupied
7
1 Bed
1 Bath
$1,600
Hardwood Floor • On-Site Laundry • Assigned Parking • Furnished
Occupied
740-1
1 Bed
1 Bath
$2,350
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