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545 Michigan Ave

Miami Beach, FL 33139
  • $2,750,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: A11125894
UPDATED: 227 min ago
$2,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

SOUTH BEACH " Commercially zoned, short-term rental building steps from the 5th Street gateway to South Beach. Gated 8-unit apartment building offering a mix of 1-bed/2-bath units and studios, with 5 parking spaces at the rear. 100% occupied with primarily month-to-month tenants allowing a new owner the flexibility to develop and/or reposition the property. All 8 units are licensed for short term rentals of 30 days or more. With CPS2 commercial zoning " FAR 2.0, the property can be developed into a 14,000 SF building one block from Publix supermarket, Target and other national chain stores. The building has been recertified until 2029.

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Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-12-05T23:50:34.07.
www.bestbrowardrealestate.com/homes/123334204
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545 Michigan Ave Miami Beach, FL 33139

  • Price: $2,750,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 227 min ago
  • MLS #: A11125894
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1939
Built
County:
Miami-Dade
Property Description
SOUTH BEACH " Commercially zoned, short-term rental building steps from the 5th Street gateway to South Beach. Gated 8-unit apartment building offering a mix of 1-bed/2-bath units and studios, with 5 parking spaces at the rear. 100% occupied with primarily month-to-month tenants allowing a new owner the flexibility to develop and/or reposition the property. All 8 units are licensed for short term rentals of 30 days or more. With CPS2 commercial zoning " FAR 2.0, the property can be developed into a 14,000 SF building one block from Publix supermarket, Target and other national chain stores. The building has been recertified until 2029.
Exterior Features

Construction Materials Concrete Block Construction Parking Features Assigned Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 5466 Stories Total 2

Property Features

Association YN No Business Type Residential-Multi-Family Electric 110 Volts Power Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Senior Community YN No Special Listing Conditions Sale Structure Type Commercial Tax Annual Amount 29952 Tenant Pays A/C & Heating Maintenance Zoning 6503

Listing courtesy of One Sotheby's International Realty.


Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-12-05T23:50:34.07.
 
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