560 Michigan Ave, Miami Beach, FL 33139

Local realty services provided by:Reliant Realty ERA Powered
560 Michigan Ave,Miami Beach, FL 33139
$6,800,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,008 sq. ft.
  • Multi-family
  • Active
Listed by:austin bergman
Office:compass florida, llc.
MLS#:F10502928
Source:RMLS

Price summary

  • Price:$6,800,000
  • Price per sq. ft.:$2,260.64

About this home

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!

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Home facts

  • Year built:1937
  • Listing ID #:F10502928
  • Added:62 day(s) ago
  • Updated:September 25, 2025 at 09:08 PM

Rooms and interior

  • Living area:3,008 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Concrete
  • Year built:1937
  • Building area:3,008 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,800,000
  • Price per sq. ft.:$2,260.64
  • Tax amount:$32,307 (2025)
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