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560 Michigan Ave, 
Miami Beach, FL 33139

$6,800,000


Bed


Bath


3,008

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Austin Bergman

Compass Florida, LLC.

Last updated:

May 22, 2025, 03:40 PM

MLS#

F10502928

Source:

FL RAGFL

About This Home

560 Michigan Ave

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!

Home Facts

Multi-Family

Built in 1937

Price Summary

6,800,000

$2,260 per Sq. Ft.

MLS #:

F10502928

Last Updated:

May 22, 2025, 03:40 PM

Added:

24 day(s) ago


Rooms & Interior

Interior

Living Area:

3,008 Sq. Ft.


Structure

Structure

Year Built:

1937


Finances & Disclosures

Finances

Price:

$6,800,000

Price per Sq. Ft:

$2,260 per Sq. Ft.

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