560 Michigan Ave, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by:austin bergman
Office:compass florida, llc.
MLS#:F10502928
Source:RMLS
Price summary
- Price:$6,800,000
- Price per sq. ft.:$2,260.64
About this home
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!
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Home facts
- Year built:1937
- Listing Id #:F10502928
- Added:26 day(s) ago
- Updated:August 20, 2025 at 03:08 PM
Rooms and interior
- Living area:3,008 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Electric
Structure and exterior
- Roof:Concrete
- Year built:1937
- Building area:3,008 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,800,000
- Price per sq. ft.:$2,260.64
- Tax amount:$32,307 (2025)
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