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.
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.
Property Details
Price:
$6,900,000
MLS #:
A11577527
Status:
Active
Beds:
0
Baths:
0
Address:
560 Michigan Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami Beach
Listed Date:
Apr 22, 2024
State:
FL
Finished Sq Ft:
5,524
ZIP:
33139
Year Built:
1937
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Schools
Interior
Cooling
Central Individual A/ C
Flooring
Marble/ Slate Floors, Parquet
Heating
Central Individual A/ C
Exterior
Parking Features
Assigned
Parking Spots
9
Roof
Concrete
Financial
Buyer Agent Compensation
2.5%%
Taxes
$32,307
Map
Community
- Address560 Michigan Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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