560 Michigan Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

  • $6,250,000
560 Michigan Ave, Miami Beach FL 33139
Commercial Sale Active
560 Michigan Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
560 Michigan Ave, Miami Beach FL 33139
  • $6,250,000

Overview

  • Income/MultiFamily
  • Property Type
  • 1937
  • Year Built

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 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.

  • Address Michigan Ave
  • City Miami Beach
  • State/county Miami-Dade County
  • Zip/Postal Code 33139

Details

Updated on September 13, 2024 at 12:18 pm
  • Property ID: A11577527
  • Price: $6,250,000
  • Year Built: 1937
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 42
  • CoListAgentDirectPhone: 786-252-7308
  • ListAgentKey: a08a08cf4902d2cea54d09d8322f2532
  • TaxLegalDescription: 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
  • OnMarketDate: 2024-04-22
  • ListAgentEmail: [email protected]
  • ContractStatusChangeDate: 2024-04-22
  • MajorChangeTimestamp: 2024-09-13T09:56:53.657Z
  • Flooring: Marble/Slate Floors,Parquet
  • PhotosCount: 43
  • Cooling: Central Individual A/C
  • StatusChangeTimestamp: 2024-04-29T12:48:14.253Z
  • SecurityFeatures: Smoke Alarm,Smoke Detector(s),Security Fence
  • CoListOfficeName: The Corcoran Group
  • PriceChangeTimestamp: 2024-09-13T09:56:53.657Z
  • ListingKeyNumeric: 395164400
  • MajorChangeType: Price Decrease
  • ListingContractDate: 2024-04-22
  • CoListOfficeKey: 08543a14f5948da192e910cd85c9f9bd
  • Zoning: 6503
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 32307
  • ListOfficeName: The Corcoran Group
  • CurrentUse: Mixed Use
  • OriginatingSystemKey: miamire
  • BusinessType: Commercial/Residential Income
  • PhotosChangeTimestamp: 2024-04-29T13:08:30.643Z
  • RoadFrontageType: City Street
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-395-4982
  • MlsStatus: Active
  • StreetNumber: 560
  • CoListOfficeMlsId: CSMG02
  • ListingKey: fcfed3356ded51933ed39f3fbf7ef431
  • StateOrProvince: FL
  • CoListAgentEmail: [email protected]
  • ListOfficeKey: 08543a14f5948da192e910cd85c9f9bd
  • BridgeModificationTimestamp: 2024-09-13T10:16:20.974Z
  • ListAgentFullName: Roberto Pecchi
  • Roof: Concrete
  • ParkingTotal: 9
  • ListAgentOfficePhone: 305-395-4982
  • Stories: 2
  • ParcelNumber: 02-42-03-009-7780
  • ListingTerms: All Cash,Conventional/Refinance
  • OtherExpense: 0
  • Possession: Funding
  • CoListAgentOfficePhone: 305-395-4982
  • IDXParticipationYN: 1
  • SpecialLicenses: City Licenses,County Licenses,State Licenses
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 3262034
  • WaterSource: Public
  • StoriesTotal: 2
  • ModificationTimestamp: 2024-09-13T10:12:31.153Z
  • OriginatingSystemID: miamire
  • PreviousListPrice: 6450000
  • DaysOnMarket: 144
  • ListOfficeMlsId: CSMG02
  • Inclusions: Building & Land,Furniture,License
  • ListAgentDirectPhone: 786-564-2318
  • CoListAgentFullName: Frank Euler
  • CoListAgentKey: f2794ade2aea34d955fff1bbde0e2299
  • StreetNumberNumeric: 560
  • CoListAgentStateLicense: 3262818
  • ParkingFeatures: Assigned
  • PostalCodePlus4: 6318
  • NumberOfUnitsInCommunity: 9
  • Sewer: Public Sanitation
  • SyndicationRemarks: 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.
  • Heating: Central Individual A/C
  • ListAgentStateLicense: 3262034
  • CoListAgentMlsId: 3262818
  • PublicSurveyTownship: 42
  • StreetName: Michigan Ave
  • ListingAgreement: Exclusive Right To Sell
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 2
  • OriginalListPrice: 6900000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • BuildingFeatures: City Licenses,County Licenses
  • OriginalEntryTimestamp: 2024-04-29T12:48:14.253Z
  • SourceSystemKey: 395164400
  • Ownership: Corporation
  • LotFeatures: Corner Lot
  • DocumentsAvailable: Financial Statement
  • LotSizeSquareFeet: 10000
  • CoListOfficePhone: 305-395-4982
  • BuildingAreaTotal: 5524

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