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!
For sale
$6,800,000
560 Michigan Ave, Miami Beach, FL 33139
7beds
3baths
3,008sqft
Est.:
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
- 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#: F10502928
Originating MLS: Beaches MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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