$6,800,000
Miami Beach, FL 33139
MLS# FX-10502930
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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
Status: Active
Original List Price: 6800000
List Price: $6,800,000
Current Price: $6,800,000
Listing Date: 2025-05-12
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Year Built: 1937
# of Stories: 2
Total Units: 9
Acres: 0.23
Waterfront: No
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
Building Info
# of Offices: 1
Property Features
Construction: Block; Concrete
Sale Includes: Building and Land; Furniture; License
Flooring: Marble; Parquet Floor
Cooling: Central Individual
Heating: Central Individual
Fire Protect: Smoke Alarm; Smoke Detector
Utilities: Public Water
Security: Fence
Roof: Concrete Tile
Listing Office: Compass Florida, LLC
Last Updated: May - 22 - 2025
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