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560 Michigan Ave
Flamingo / LummusMiami BeachFL 33139

$6,450,000
for sale
Tools
Size
10,000 Sq Ft.
interior
Financial
$6,450,000
Change Currency
$645
Price Per Sqft
$32,307
Annual taxes
Listing Details
Multi Family
Property type
1937
Year Built
3375074
Web Id
2748386-A11577527
MLS ID
147
Days Posted

Description

560 Michigan Ave,

Miami Beach, FL 33139

This money making property includes two renovated building in Miami Beach, offering a furnished one and two bedrooms apartments, licensed for short term rentals. The remodeled nine units offer fully equipped kitchens and bathrooms. Each unit is individually equipped with central AC unit. This property is located in a double corner lot at 6th Street and Michigan Avenue. It is strategically located close to 5th Street Mall (Publix Supermarket, Target, Ross, TJ Max and Best Buy to name national retail tenants) and the new Five Park Residential Tower.The property offer faced private parking, laundry room, office. The zoning is CPS2 commercial - residential mix used - FAR 2, which allow further development up to 20,000 Sq/Ft.The beach of Ocean Drive is only 10 minutes walking.

Amenities

  • Marble Flooring

Price History

datepricevariancetype
8/13/2024$6,450,000 6.52 %decreased
10/5/2022$6,900,000-Listed
Listing By: The Corcoran Group via Data Source: MIAMI MLS 
listing agent: Roberto Pecchi


Located at 560 Michigan Ave, Miami Beach, Florida 33139, Flamingo / Lummus neighborhood, this Multi Family is for Sale with a price of $6,450,000 USD. The property was built in 1937,. This listing has 10,000 Sq.Ft. of interior space. See all Homes for Sale in Flamingo / Lummus.
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