560 Michigan Avenue
Miami Beach, FL 33139
#FX-10502930
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!
Property Details
- Property SubtypeMultiFamily (5+ Units)
- CoolingCentral Individual
- Property TypeMulti-Family
- Utility FeaturesPublic Water
- MLS #FX-10502930
- MLS #FX-10502930
- CountyMiami-Dade
- Original List Price$6,800,000
- RoofConcrete
- Taxes Annual$32,307
- Cost6800000
- Year Built1937
- Zoning6503
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Austin Bergman (#847506242)
Listing Office: Compass Florida, LLC (#279622832)
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