560 Michigan Ave ,Mixed Use for Sale

560 Michigan Ave for Sale

Price $6,900,000.00

• Lot size 10000
• Year Build 1937
• Waterfront
• Zip 33139
• Style
• Parking Description Assigned
• Pool Yes
• Status Active

Description

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.

Please contact co-listing agent for showing

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

Corner Lot

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.

City:Miami Beach,Zoning:6503,List A O R:A-Miami Association of REALTORS,Stories:2,Flooring:1:Parquet,Latitude:25.7756264,Cooling Y N:1,Heating Y N:1,List Price:6900000,Listing Id:A11577527,Longitude:-80.1385446,Mls Status:Active,Ownership:Corporation,Year Built:1937,Inclusions:Building & Land,Furniture,License,Postal Code:33139,Street Name:Michigan Ave,Coordinates:1:25.7756264,Photos Count:43,Days On Market:21,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:42,On Market Date:2024-04-22,Parcel Number:02-42-03-009-7780,Parking Total:9,Property Type:Commercial Sale,Stories Total:2,Street Number:560,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:The Corcoran Group,Private Remarks:Please contact co-listing agent for showing,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6318,Property Sub Type:Income/MultiFamily,Special Licenses:1:County Licenses,2:State Licenses,State Or Province:FL,Tax Annual Amount:32307,Unparsed Address:560 Michigan Ave, Miami Beach FL 33139,Building Features:1:County Licenses,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Detector(s),2:Security Fence,Building Area Total:5524,Building Area Units:Square Feet,Lot Size Square Feet:10000,Number Of Buildings:2,Original List Price:6900000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-04-22,Originating System I D:miamire,Street Number Numeric:560,Tax Legal 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,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Internet Remarks:Two remodeled corner building in South Beach, offering one and two bedrooms apartments, licensed short term rentals.,Contract Status Change Date:2024-04-22,Internet Address Display Y N:1,Number Of Units In Community:9,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,