Multifamily For Sale
560 Michigan Ave, Miami Beach, FL 33139

$6,800,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10502930
  • Virtual Tour: YES
  • List Price: $6,800,000
  • Taxes:$32,307
  • Year Built:1937
  • Listing Date:May 12, 2025
  • Days On Market:61
  • Total Units:1

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!

Features


  • Floor:Marble, Parquet, Slate
  • Exterior Feature:

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker