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545 Michigan Ave, Miami Beach
#MLS: A11155803
$ 2 750 000
Listing date07/01/2021
CityMiami Beach, FL 33139
Address545 Michigan Ave
Area5466 sqft
Tax/year$ 29 952
Built year1939

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.

545 Michigan Ave Miami Beach, FL 33139 quadruplex house for sale with MLS A11155803 located in OCEAN BEACH ADD NO 3. If you want to buy Quadruplex - 545 Michigan Ave Miami Beach, FL 33139, call today!