No photos available
Offered at
$5,800,000
560 Michigan Avenue, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 5,524
- Sq.Ft.
Listing courtesy of Frank Euler, The Corcoran Group
Property Description
This income producing property includes two renovated buildings in Miami Beach with furnished one & two bedroom apartments, licensed for short term rentals and currently leased on an NNN basis to an operating company. A future owner can choose to keep the operating company in place, enjoying steady income not subject to occupancy fluctuations, or instead operate under own management. The remodeled 9 units offer fully equipped kitchens & bathrooms as well as central AC. The property consists of two separate folios and 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 for visitors and short term tenants. Zoning is CPS2 commercial - residential mix used - FAR 2,which allows further development up to 20,000 Sq/Ft. Please ask us for proposed design renderings.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 560 Michigan Avenue, Miami Beach, FL 33139
- Zoning
- 6503
- MLS ID
- A12057167
- Listing Date
- 2026-07-20
- Last Updated
- 7/21/2026, 6:04:09 PM
- Days on Market
- 7
Features & Amenities
The Details
Exterior
- Construction
- Block
- Parking
- Assigned
Details
- Building Area
- 5,524 sq.ft.
- Lot Size
- 10,000 sq.ft.
- Lot Size (Acres)
- 0.23 acres
- Stories
- 2
- Year Built
- 1937
- County
- Miami-Dade
- Zoning
- 6503
Financial
- List Price
- $5,800,000
- Original List Price
- $5,800,000
Location
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.