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  • 545 Michigan Ave
  • $2,950,000
  • Miami Beach, FL 33139
  • Sq.Ft.
Price Change History: +7% ($200,000) 4 Price Changes : Last Change 1 Day Ago
Or Call 3053109305

545 Michigan Ave , Miami Beach, FL 33139

Multi Family, 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
  • Zip: 33139
  • Price: $2,950,000
  • County: Miami-Dade County
  • Subdivision:
  • Complex:
  • Virtual Tour: View Virtual TourMore Info
  • Property Type: Commercial Sale
  • Property Type Description: Multi Family
  • Square Feet:
  • Year Built: 1939
  • Taxes: $29,952
  • Foreclosure:
  • Short Sale:
  • MLS® #: A11125894
School Information
Elementary School Middle School High School
Additional Features
  • Waterfront: No
  • Waterfront Description:
  • View:
  • Style:
  • Pets Allowed?: No
  • Pet Restrictions:
  • Flooring:
  • Furnished:
  • Construction: Block
  • Parking: Assigned
  • Interior Features:
  • Amenities:
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More Info

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 (A11125894) 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 10-05-2022. IDX powered by Realty Net Media


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Contact

  • CEO & Principal Broker

    Yuliya Kachko
    Oceanfront Group

  • TELEPHONE

    3053109305

  • OUR LOCATION

    1680 Michigan Ave Suite 700
    Maimi Beach, FL 33139

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