Homes for sale - 560 Michigan Ave, Miami Beach, FL 33139

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Enrique V Urdaneta

enrique@equstate.com +1(561) 245-0634

$ 5,950,000

Est. payment | -/mo

5,524 SqFt

Save Virtual Tour

$ 5,950,000

Est. payment | -/mo

Save Virtual Tour

5,524 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $1,077

MLS Listing ID A11577527

HOA Y/N No

Year Built 1937

Annual Tax Amount $32,307

Lot Size 10,000 Sqft

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!

Location

State FL

County Miami-dade

Area 42

Interior

Heating Central

Cooling Central Air

Flooring Marble, Parquet, Slate

Exterior

Roof Type Concrete

Total Parking Spaces 9

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 02-42-03-009-7780

Ownership Corporation

Security Features Fenced,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by The Corcoran Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 245-0634

enrique@equstate.com

560 Michigan Ave Miami Beach, FL 33139