560 Michigan Ave ,Mixed Use for Sale & Rent

560 Michigan Ave for Sale & Rent

Price $6,900,000.00

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

This money-making property comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach, within a block of the new 3-acre community park, Publix Supermarket and national retail tenants including Target, Ross and TJ Maxx. The gated, lushly landscaped property includes private parking, as well as a laundry room, which is available for the guests. With CPS2 commercial zoning ? FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11283971 Please call or Text Serena Joaquim to schedule a showing 305-766-1988

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

This money-making property comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach, within a block of the new 3-acre community park, Publix Supermarket and national retail tenants including Target, Ross and TJ Maxx. The gated, lushly landscaped property includes private parking, as well as a laundry room, which is available for the guests. With CPS2 commercial zoning ? FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants

City:Miami Beach,Zoning:6503,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Latitude:25.7756184,List Price:6900000,Listing Id:A11284029,Longitude:-80.1385624,Mls Status:Active,Year Built:1937,Directions:MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach,Inclusions:Building & Land,Furniture,Postal Code:33139,Street Name:Michigan Ave,Coordinates:1:25.7756184,Photos Count:29,Days On Market:77,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2022-10-04,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 comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach, within a block of the new 3-acre community park, Publix Supermarket and national retail tenants including Target, Ross and TJ Maxx. The gated, lushly landscaped property includes private parking, as well as a laundry room, which is available for the guests. With CPS2 commercial zoning ? FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants,County Or Parish:Miami-Dade County,Expiration Date:2023-05-31,List Office Name:One Sotheby's International Re,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6318,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:29775,Unparsed Address:560 Michigan Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,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 comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach, within a block of the new 3-acre community park, Publix Supermarket and national retail tenants including Target, Ross and TJ Maxx. The gated, lushly landscaped property includes private parking, as well as a laundry room, which is available for the guests. With CPS2 commercial zoning ? FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants,Listing Contract Date:2022-10-04,Originating System I D:miamire,Public Survey Section:4,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,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:1%,Contract Status Change Date:2022-10-04,Internet Address Display Y N:1,Number Of Units In Community:9,Transaction Broker Compensation:1%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $6,900,000.00
  • Price Change: 2022-10-04
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1937
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description Assigned
  • Flooring Type Tile
  • Property Type Commercial Sale
  • Status Active
  • Listed 2022-10-04
  • Days on Market 119
  • Furnished
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 29775
  • Taxes Year 2021