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$ 6,800,000
Est. payment /mo
Active
560 Michigan Ave Miami Beach, FL 33139
10,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10502930
HOA Y/N No
Total Fin. Sqft 10000
Year Built 1937
Annual Tax Amount $32,307
Lot Size 10,000 Sqft
Property Sub-Type Income/Multi-Family
Property Description
BLANK CANVAS or keep as a MONEY MAKER!! Two renovated buildings in Miami Beach with furnished one & two bedrooms apartments, licensed for short term rentals. Remodeled 9 units, fully equipped kitchens & bathrooms as well as central AC. This property is located on a double corner lot at 6th Street and Michigan Avenue in the heart of South Beach, close to the 5th Street Mall and the new Five Park residential tower & City park. Ocean Drive, the beach as well as the exclusive South of Fifth neighborhood are just blocks away, making this an extremely attractive location. Zoning is CPS2 commercial - residential MU - FAR 2, which allows further development and in an area that everything is being developed build up to 20,000 Sq/Ft. Great asset to buy and hold as you redesign the corner and go up!
Location
State FL
County Miami-dade County
Zoning 6503
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Marble/Slate Floors, Parquet Floors
Exterior
Water Access N
Roof Type Concrete Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Others
Pets Allowed No
Ownership Corporation
Security Features Fenced

Listed by Compass Florida, LLC
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