Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
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$ 6,800,000
Est. payment | /mo

3,008 SqFt


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$ 6,800,000
Est. payment | /mo
Save

3,008 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $2,260

Subdivision Ocean Beach Addn No 3

MLS Listing ID F10502928

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 10000

Year Built 1937

Annual Tax Amount $32,307

Tax Year 2025

Property Sub-Type Fourplex

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 Electric Heat

Cooling Ceiling Fans, Central Cooling

Flooring Parquet Floors

Exterior

Community Features Gated Community

Water Access N

Roof Type Concrete Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash

Listing Terms Cash

BeachesMLS Matrix (RAPB-F prefix)
Listed by Compass Florida, LLC

Learn More About LPT Realty

agent
Ana Piriz

Agent | License ID: 276553097

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560 Michigan Ave