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545 Michigan Ave
Miami Beach, FL 33139
$2,750,000
Active
15+
$2,750,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
71
DOM
545 Michigan Ave Miami Beach, FL 33139
Beds, Baths, Multi Family Sq.Ft.

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.

Listing Summary
  • City Miami Beach
  • County Miami-Dade County
  • Zip 33139
  • Price $2,750,000
  • Status Active
  • County Miami-Dade County
  • Subdivision
  • Pet Restrictions No
  • MLS® # A11125894
  • Property Type Commercial Sale
  • Property Sub TypeMulti Family
  • Square Feet
  • Year Built 1939
  • Waterfront No
  • HOA Fees
  • Taxes $29,952
  • Tax Year
  • Status Active
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545 Michigan Ave
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11003280) is provided courtesy of (The Nice Realty LLC). 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. Data last updated on 01-26-2022. IDX powered by Realty Net Media