560 Michigan Ave, Miami Beach, FL, 33139

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$5,950,000
306 Days On Site

560 Michigan Ave
Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
5,524
SqFt
$1,077
/SqFt
1937
Built
County:
Miami-Dade

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516.449.2783
560 Michigan Ave560 Michigan Ave560 Michigan Ave560 Michigan Ave
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This money making property includes two renovated buildings in Miami Beach with furnished one & two bedrooms apartments, licensed for short term rentals. The remodeled 9 units offer 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 for visitors and short term tenants. Zoning is CPS2 commercial - residential mix used - FAR 2, which allows further development up to 20,000 Sq/Ft. Please ask us for proposed design renderings. Owner financing available!

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Listing Snapshot
Price 
$5,950,000
Days On Site 
306 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,524 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
10,000 Acres
Year Built 
1937
MLS® Number 
A11577527
Status 
Active
Property Tax 
$32,307
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $5,950,000
3 months agoListing updated with changes from the MLS®
10 months agoStatus changed to Active
10 months agoListing first seen on site
General Features
Disclosures 
Owner Is Listing Agent
Home Warranty 
Yes
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
9
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Security Fence
Sewer 
Public Sewer
SqFt Total 
5524
Stories 
Two
Water Source 
Public
Zoning 
6503
Interior Features
Cooling 
Central Air
Flooring 
MarbleParquetSlate
Heating 
Central
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Exterior Features
Construction Details 
Block
Road Frontage 
City Street
Roof 
Concrete
Community Features
Financing Terms Available 
CashConventional
MLS Area 
42
Listing courtesy of The Corcoran Group

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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