Address560 Michigan Ave, Miami Beach, FL, 33139-6318

Price$6,900,000

  • Commercial Sale
  • Built in 1937

This money making property includes two renovated building in Miami Beach, offering a furnished one and two bedrooms apartments, licensed for short term rentals. The remodeled nine units offer fully equipped kitchens and bathrooms. Each unit is individually equipped with central AC unit. This property is located in a double corner lot at 6th Street and Michigan Avenue. It is strategically located close to 5th Street Mall (Publix Supermarket, Target, Ross, TJ Max and Best Buy to name national retail tenants) and the new Five Park Residential Tower. The property offer faced private parking, laundry room, office. The zoning is CPS2 commercial - residential mix used - FAR 2, which allow further development up to 20,000 Sq/Ft. The beach of Ocean Drive is only 10 minutes walking.

Essential Information

  • MLS® #A11577527
  • Price$6,900,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1937
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address560 Michigan Ave
  • Area42
  • CityMiami Beach
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33139-6318

Amenities

  • ParkingAssigned

Interior

  • InteriorMarble, Parquet, Slate
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofConcrete
  • ConstructionBlock

Additional Information

  • Date ListedApril 29th, 2024
  • Days on Website69

Listing Details

  • OfficeThe Corcoran Group
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