FL > Miami Beach > Ocean Beach Addn No 3
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
Miami Beach, FL 33139,560 Michigan Ave
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$6,800,000
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3,008 SqFt
New

560 Michigan Ave Miami Beach, FL 33139

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Panagiotis Peter Sarantidis

Panagiotis Peter Sarantidis

+1(561) 713-5599

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $2,260

Subdivision Ocean Beach Addn No 3

MLS Listing ID F10502928

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 10000

Year Built 1937

Annual Tax Amount $32,307

Tax Year 2025

Property Sub-Type Fourplex

Property 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!

Location

State FL

County Miami-dade County

Zoning 6503

Interior

Heating Electric Heat

Cooling Ceiling Fans, Central Cooling

Flooring Parquet Floors

Exterior

Community Features Gated Community

Water Access N

Roof Type Concrete Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash

Listing Terms Cash

BeachesMLS Matrix (RAPB-F prefix)
Listed by Compass Florida, LLC

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agent

Panagiotis Peter Sarantidis

Licensed Real Estate Sales Professional | License ID: 3332095

+1(561) 713-5599

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560 Michigan Ave