560 Michigan Ave
Miami Beach, Florida

Miami Beach, Florida

MLS#: F10502930

$6,800,000 USD

Listed By Compass Florida, LLC

The Commercial Property for Sale located at Miami Beach, Florida is currently for sale. Miami Beach, Florida is listed for $6,800,000. This property has Parking features. If the property located at Miami Beach, Florida isn't what you're looking for, visit https://commercialflorida.xomio.com to see other Commercial Properties for Sale in Miami Beach .

Date Updated : May 13, 2025

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The details

Property features

Key features

  • Parking

Construction details

  • Year built: 1937
  • Roofing: Concrete

Other features

  • Parking Spaces: 9

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

Miami Beach, Florida
Courtesy of Austin Bergman Compass Florida, LLC
Florida
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LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.