$6,800,000
Miami Beach, FL 33139
MLS# FX-10502928
3008 sqft
1 / 40
Property 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!
Details
Maps
Contract Information
Listing Date: 2025-05-12
Status: Active
Original List Price: 6800000
List Price: $6,800,000
Current Price: $6,800,000
List Price/SqFt: 2260.64
General Property Description
Type: Quad Plex
Property Condition: Resale
Year Built: 1937
Number of Stories: 2
SqFt - Living: 3008
Homeowners Assoc: None
Subdivision: OCEAN BEACH ADDN NO 3
Lot Dimensions: 10000
Waterfront: No
Private Pool: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 2420
County: Miami-Dade
Parcel ID: 02-42-03-009-7780
Street #: 560
Street Name: Michigan
Street Suffix: Avenue
Zip Code: 33139
Legal Desc: 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 CO
Geo Lat: 25.775619
Geo Lon: -80.138574
Unit 1 Info
Bedrooms: 5
Furnished: Yes
Monthly Income: 12
Unit 2 Info
Bedrooms: 2
Furnished: Yes
Monthly Income: 12
Property Features
Construction: Block; Concrete
Lot Description: < 1/4 Acre
Maintenance Fee Incl: None
Flooring: Parquet Floor
Cooling: Ceiling Fan; Central
Heating: Electric
Roof: Concrete Tile
Terms Considered: Cash
Utilities: Cable; Public Sewer
Taxes: City/County
Possession: Funding
Listing Office: Compass Florida, LLC
Last Updated: May - 22 - 2025
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