560 Michigan Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10502930
Year Built 1937
Annual Tax Amount $32,307
Lot Size 10,000 Sqft
Property Sub-Type Income/Multi-Family
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 Central Individual A/C
Cooling Central Individual A/C
Flooring Marble/Slate Floors,Parquet Floors
Exterior
Water Access N
Roof Type Concrete Roof
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water