Zumper

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

Apartment for rent
Monthly rent
$1,900–$2,475
BedsStudio–1
Baths1
Sqft525
modified
Updated 17 Hours Ago

Property Overview

Gated community living is paired with spacious closets/storage and smart TVs, along with 41 photos that provide a clear look at the home. Nearby conveniences include strong value for money, a top-rated elementary school within about 0.3 miles, and walkable access to many local amenities, including restaurants and parks.

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

Highlights

  • gated community
  • gated
  • spacious closets/storage
  • smart tvs
  • smart tv

Units

740 Michigan Ave Miami Beach, FL

Available

10

Studio

1 Bath

$1,950

Listed on 05/05/2026
Listed by Yannick Cohen
Days on market: 73
Property Status: Active Available May 1st! Charming FURNISHED Studio/1 in the center of South Beach! Minutes away from the beach. Full kitchen, Smart TV and pull out couch. Very safe neighborhood. Property is gated, code needed to access. Second floor entry. Spacious closets/storage. 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

5

1 Bed

1 Bath

$1,900

Listed on 07/16/2026
Listed by Yannick Cohen
Days on market: 1
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. 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

2

1 Bed

1 Bath

$2,475

Listed on 07/09/2026
Listed by Yannick Cohen
Days on market: 8
Property Status: Active Amazing location. Super charming and Large 1/1 in the middle of South Beach. New floors and appliances. Gated property. 1 Parking spot included, in the back of the building. Corner unit with natural light. 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
  • Storage
  • On-Site Laundry
  • Garage Parking
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

Questions about this property’s policies and fees?

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About 740 Michigan Ave

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

Live at 740 Michigan Ave in the heart of Miami Beach's Flamingo-Lummus neighborhood! This intimate community consists of 6 units, offering studio and 1-bedroom options with approximately 525 square feet of living space. Residents enjoy a range of amenities, including a gated community, spacious closets with ample storage, smart TVs, and access to garage and storage facilities. The property is conveniently located near top-rated schools, including an A-rated elementary school and high school. As an added bonus, units are furnished for a hassle-free move. With its prime location and long-term rental options, this property is an excellent choice for those seeking a comfortable and secure living experience.

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Address details

Units7
Units available3
Neighborhood
City
Zip code33139

740 Michigan Ave #5 is great for:

Social life

  • Areas nearby are accessible by walking
  • 778 restaurants within 1 mile of this property
  • Area has 81 parks and recreation options
  • Diverse age groups live in this area

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

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

Studio apartments at 740 Michigan Ave #5 cost about 12% more than the average rent price for studios in Flamingo - Lummus.

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

Median rents as of Jul 11 2026.
Flamingo - Lummus
Miami Beach
A table of studio rental data trends in Miami Beach
MonthMedian Rent
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
February 2026$1,851
March 2026$1,848
April 2026$1,858
May 2026$1,891
June 2026$1,862
July 2026$1,895
A table of studio rental data trends in Flamingo - Lummus
MonthMedian Rent
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
February 2026$1,752
March 2026$1,737
April 2026$1,712
May 2026$1,734
June 2026$1,712
July 2026$1,749

Affordability calculator

Can I afford to live at 740 Michigan Ave?

Bedrooms

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

$78,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this studio monthly rent price of $1,950.
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$1,8501 bed1 bath
4 months ago$2,3501 bed1 bath
4 months ago$2,3501 bed1 bath
7 months ago$1,9501 bed1 bath
1 year ago$2,050Studio1 bath
1 year ago$2,0501 bed1 bath
1 year ago$2,4501 bed1 bath
1 year ago$1,950Studio1 bath
2 years ago$2,5001 bed1 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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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

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

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

Cafes

9/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
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

9/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 740 Michigan Ave

Michigan Market Inc
531 Michigan Ave
Meridian Food Market
812 6th St
Publix
1100 6th St
Allegro Fresh Marketers
1000 5th St
Calle 6 Food Market
630 6th St

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