Novo Realty Group Corporation
Robert Edward Paucar, Novo Realty Group CorporationPhone: (754) 273-5573
Email: [email protected]
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listing
1 of 40
Residential IncomeFor Sale
$6,800,000
560 Michigan Ave
Miami Beach, FL 33139
Courtesy of Compass Florida, LLC
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
3,008Sq Ft
Est. Mortgage
$35,200/mo

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!

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Listing provided courtesy of Compass Florida, LLC
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