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For sale
  • $6,800,000

    560 Michigan Ave, Miami Beach, FL 33139

    7beds
    3baths
    3,008sqft
    : 
    Quadruplex
    Built in 1937
    -- sqft lot
    $6,186,500 Zestimate®
    $2,261/sqft
    $-- HOA

    What's special

    Renovated buildingsDouble corner lotFully equipped kitchensCorner lotCentral ac
    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!
    42 days
    on Zillow
    |
    167
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2025 at 08:25am

    Listed by:

    Austin Bergman 954-913-5357,

    Compass Florida, LLC

    Source: BeachesMLS ,MLS#: F10502928MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 560 Michigan Ave.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Central Air
    Features
    • Stairs
    • Flooring: Parquet
    Interior area
    • Total interior livable area: 3,008 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 9
    Features
    • Stories: 2
    Lot
    • Size: 10,001.38 Square Feet
    • Dimensions: 10000
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0242030097780
    • Zoning: 6503

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Quadruplex
    Materials
    • Concrete
    • Roof: Concrete
    Condition
    • Year built: 1937

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Subdivision: Ocean Beach Addn No 3
    HOA
    • Has HOA: No
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,261/sqft
    • Tax assessed value: $2,057,980
    • Annual tax amount: $32,307
    • Date on market: 5/12/2025
    • Listing terms: Cash
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