Property Description

This money making property includes two renovated buildings in Miami Beach with furnished one & two bedrooms apartments, licensed for short term rentals. The remodeled 9 units offer 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 for visitors and short term tenants. Zoning is CPS2 commercial - residential mix used - FAR 2, which allows further development up to 20,000 Sq/Ft. Please ask us for proposed design renderings. Owner financing available!

Features
: Central Individual A/c
: Central Individual A/c
: 9
: County Licenses, City Licenses
: Parquet, Marble/slate Floors
: Corner Lot
: Assigned
: Concrete
: Smoke Alarm, Security Fence, Smoke Detector(s)
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami Beach
33139
560 Michigan Ave
0
W81° 51' 41.2''
N25° 46' 32.3''
MLS Addon
The Corcoran Group
Roberto Pecchi
232
: Building & Land, License, Furniture
3262034
CSMG02
: All Cash, Conventional/refinance
1
: City Street
: Sale
2
$32,307
: Public
6503

Commercial Sale For Sale

560 Michigan Ave, Miami Beach, Florida 33139

10,000 Sqft
$5,950,000
Listing ID #A11577527
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11577527
Price : $5,950,000
Year Built : 1937
Lot Area : 10,000 Sqft
Building Area : 5,524 Sqft
Status : Active
Property SubType : Income/multifamily
Agent info
Daniel Lombardi
Contact Agent
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