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Wade M. Berlin

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Property Photos
560 Michigan Ave
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PRICED AT ONLY: $6,800,000

Address: 560 Michigan Ave, Miami Beach, FL 33139

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!
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  • MLS#: F10502930 ( Commercial/Industrial )
  • Street Address: 560 Michigan Ave
  • Viewed: 11
  • Price: $6,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1937
  • Bldg sqft: 0
  • Days On Market: 161
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Features
Building and Construction
  • Construction Type: Concrete Block Construction
  • Floor Description: Marble/Slate Floors, Parquet Floors
  • Num Stories: 2.0000
  • Roof Description: Concrete Roof
  • Typeof Building: Commercial, Hotel/Motel, Restaurant
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 10000
  • Total Acreage: 0.2296
Garage and Parking
  • Parking Description: Assigned Parking
Eco-Communities
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Individual A/C
  • Fire Protection: Smoke Alarm, Smoke Detector
  • Heating Description: Central Individual A/C
  • Sewer Description: Public Sanitation
Finance and Tax Information
  • Security Information: Fenced
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Information Available: Financial Statement
  • 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
  • Locationof Property: Corner Lot
  • Miscellaneous Information: State Licenses
  • Parcel Number Mlx: 7780
  • Parcel Number: 02-42-03-009-7780
  • Postal Code + 4: 6318
  • Sale Includes: Building & Land, Furniture, License
  • Section: 28
  • Views: 11
  • Zoning Information: 6503

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin