Commercial Real Estate

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CommercialSaleMultifamilyFLMiami Beach560, Michigan Ave, Miami Beach, FL, 33139

560 Michigan Ave

560, Michigan Ave, Miami Beach, FL, 33139
    $5,950,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 2
    • Lot size: 10000, 10000 sq ft
    • Year built: 1937
    • County: Miami-Dade
    • MLS ID: A11577527

    Description

    • Description:

      3-4 54 42 3-4 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 E100FT OF LOT 1 BLK 98 LOT SIZE 50.000 X 100 OR 21279-3773 022003 6 COC 24635-1561 06 2006 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!

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    Building Details

    • Water Source: Public
    • Sewer: PublicSewer
    • Construction Materials: Block
    • Covered Spaces: 0
    • Levels: Two
    • Number Of Buildings: 2
    • Floor covering: , ,

    Amenities & Features

    • Parking Features: Assigned
    • Security Features: Fenced,SmokeDetectors
    • Parking Total: 9
    • Roof: Concrete
    • Cooling: CentralAir
    • Heating: Central

    Expenses, Fees & Taxes

    • Tax Annual Amount: $32,307

    Miscellaneous

    • List Office Name: The Corcoran Group
    • Listing Terms: Cash,Conventional

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    This -type commercial real estate is located in 560, Michigan Ave, Miami Beach, FL, 33139 was built in 1937, and is listed at $5,950,000.

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