560 Michigan Avenue
$6,450,000
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Description
This money making property includes two renovated building in Miami Beach, offering a furnished one and two bedrooms apartments, licensed for short term rentals. The remodeled nine units offer fully equipped kitchens and bathrooms. Each unit is individually equipped with central AC unit. This property is located in a double corner lot at 6th Street and Michigan Avenue. It is strategically located close to 5th Street Mall (Publix Supermarket, Target, Ross, TJ Max and Best Buy to name national retail...This money making property includes two renovated building in Miami Beach, offering a furnished one and two bedrooms apartments, licensed for short term rentals. The remodeled nine units offer fully equipped kitchens and bathrooms. Each unit is individually equipped with central AC unit. This property is located in a double corner lot at 6th Street and Michigan Avenue. It is strategically located close to 5th Street Mall (Publix Supermarket, Target, Ross, TJ Max and Best Buy to name national retail tenants) and the new Five Park Residential Tower. The property offer faced private parking, laundry room, office. The zoning is CPS2 commercial - residential mix used - FAR 2, which allow further development up to 20,000 Sq/Ft. The beach of Ocean Drive is only 10 minutes walking.
- Listed by Roberto Pecchi • The Corcoran Group
- Listed by Frank Euler PA • The Corcoran Group
Property Details for 560 Michigan Avenue
Waterfront
No
Area42
AuctionNo
Num Stories2
LISTING UPDATED: 08/19/2024 09:15 AM
Property Details for 560 Michigan Avenue
Status | Active |
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MLS # | A11577527 |
Days on Market | 207 |
Taxes | $32,307 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1937 |
Lot Size | 0.23 AC / 10,000 SF |
County | Miami-Dade County |
Building Information for 560 Michigan Avenue
Stories-Residences-Year Built1937Building Size-Lot Size0.23 AC / 10,000 SF
Property Information for 560 Michigan Avenue
Property History for 560 Michigan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 560 Michigan Avenue
Taxable ValueLand$2,000,000Additions$58,045Total$2,058,045
Tax Record2023$32,307 ($2,692 / month)
Home Facts
Total Finished SqFt2,316 SqFtAbove Grade Finished SqFt2,316 SqFtStories2Lot Size5,000 SqFtStyleDuplexYear Built1937Zoning6503:COMMERCICountyMIAMI-DADEAPN02-4203-009-7780
Schools near 560 Michigan Avenue
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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South Pointe Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Nautilus Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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