560 Michigan Ave

Miami Beach, FL, 33139

$6,900,000

$2,742 per ft²
$6,900,000
$2,742 per ft²
Active
Active
 - For Sale
carpenters-square
2,516 ft²
property_type
Multi-family
calendar
Built 1937
This money-making property comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach.The gated, lushly landscaped property includes 9 private parking spaces, onsite office as well as a laundry room, which is available for the guests. With CPS2 commercial zoning – FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants.
MLS® ID:
A11283971
Listed:
10/3/22
Updated:
4/2/23
Compass
Madeleine Romanello Group
Mobile: (305) 282-2133Email: madeleine@compass.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Architectural Style
Attached
Lot Details
Less Than 1/4 Acre Lot
Roof
Concrete
Sewer
Public Sewer

Other Property Details

Area Name
Ocean Beach Addn No 3
Taxes
$29775
Tax Frequency
per YEAR
Garage
No
Parking
9
Parking Total
9.0
View
N
County
Miami-Dade County
Pool
No
Total Stories
2
Zoning
6503
Sub Agency Compensation
1%
Buyer Agency Compensation
1%
Transaction Broker Compensation
1%

Courtesy of Susan Gale with One Sotheby's International Realty
Listing Contact:  

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2023 Miami Association of REALTORS® all rights reserved. 

Data last updated 6:11 AM UTC, 4/2/23.

Compass
Madeleine Romanello Group
Mobile: (305) 282-2133Email: madeleine@compass.com
Contact