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560 Michigan Ave, Miami Beach FL 33139

Commercial For Sale
$6,900,000

BTC: 103.97604392

ETH: 2,236.81736548

17 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1937
Lot:
10000 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features
  • Flooring

    • Marble/Slate Floors

    • Parquet

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 10000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-009-7780

    • Zoning: 6503

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $32,307

  • Source details

    • MLS ID: A11577527

    Other facts

    • Lot Features: Corner Lot

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Corcoran Group