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- Pink Miami
- Miami Beach
- South Beach
- 560 MICHIGAN AVE
For Sale
Listed on September 24, 2026
560 MICHIGAN AVE
$5,600,000
0 Beds
0 Baths
-
9 Parkings
Lot size:
-
Annual Tax:
$61,192
Occupancy:
Contact Agent
Year Built:
1937
Property type:
Multifamily
#MLS:
A12094992
Description
This income producing property includes two renovated buildings in Miami Beach with furnished one & two bedroom apartments, licensed for short term rentals and currently leased on an NNN basis to an operating company. A future owner can choose to keep the operating company in place, enjoying steady income not subject to occupancy fluctuations, or instead operate under own management. The remodeled 9 units offer fully equipped kitchens & bathrooms as well as central AC. The property consists of two separate folios and 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 for visitors and short term tenants. Zoning is CPS2 commercial - residential mix used - FAR 2,which allows further development up to 20,000 Sq/Ft. Please ask us for proposed design renderings.
The Corcoran Group
Features & Details
Learn about the features and details of 560 MICHIGAN AVE
Property Details
- Property Type:MultiFamily
- Living Area:-
- Year Built:1937
- Lot Size:-
- Stories:-
- Annual Tax:$61,192
- List Date:9/24/2026
- Updated:9/24/2026
- Last Checked:Recent
- MLS Number:#A12094992
- Brokerage:The Corcoran Group
- Postal Code:33139
- Area:Miami-Dade
- City:Miami Beach
Additional Property Features
- Occupancy:CallAgent
- List Price:$5,600,000
- Unit Number:-
- Construction:Block
- Heating:Central
- Fireplaces:-
- Garage:-
- Parking Type:No
- Pets Allowed:No
- Air Conditioning:Central Air
- Elevator:No
- Locker:No
- Swimming Pool:None
- Patio:No
- Basement:No
- Den:No
- Central Vacuum:No
- Garage Type:No
Additional Listing Information
- Walk Score:–
- Property Manager:-
- Utilities Included:None
- Furnished:No
- Assessment Year:2025
- Assignment:No
- Extras Included:None
- Virtual Tour:View virtual tour
Inside
- Bedrooms & Baths:0 Bed, 0 Bath
- Ensuite:Yes
- Bathrooms:0
- Flooring:Mixed
Price history
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28FAQs About 560 MICHIGAN AVE
There are bedrooms and bathrooms in this Multifamily at 560 MICHIGAN AVE, MLS® A12094992.
Yes, there is parking available with 9 spot(s).
Annual taxes for this home are $61,192 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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560 MICHIGAN AVE
560 MICHIGAN AVE