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545 Michigan Ave
Miami Beach, FL 33139
$2,750,000
3 Price Changes
Active
15+
$2,750,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
5,466 
Size Sq. Ft.
187
DOM
545 Michigan Ave Miami Beach, FL 33139
Beds, Baths, Quadruplex 5,466 Sq.Ft.

Commercially Zoned, Short-term Rental Building Steps From The 5th Street Gateway To South Beach. The Property Is A Gated 8-unit Apartment Building Offering A Mix Of 1-bed/2-bath Units And Studios, With 5 Parking Spaces. The Building Is Offered Vacant, 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. Create Airbnb Suites Or A 30+ Room Boutique Hotel Close To Multimillion Dollar Residential And Retail Developments, Easy Walking Distance To The Beach, Shops And Fine Dining. Zoning Also Allows For Medical Or Office Use. The Building Has Been Recertified Until 2029.

Listing Summary
  • City Miami Beach
  • County Miami-dade County
  • Zip 33139
  • Price $2,750,000 ($503 / SqFt)
  • Status Active
  • County Miami-dade County
  • Subdivision Ocean Beach Add No 3
  • Pets Allowed No
  • Property Type Residential Income
  • Property Sub TypeQuadruplex
  • Status Active
  • Square Feet 5,466
  • Year Built 1939
  • Waterfront No
  • HOA Fees
  • Taxes $29,952
  • Tax Year 2021
  • MLS® # A11155803
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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 (A11155803) is provided courtesy of (One Sothebys International Realty). 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 08-10-2022. IDX powered by Realty Net Media
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