1 / 10560 Michigan Avenue
Miami Beach, FL 33139
MLS # A12057167· Active IDX
$5,600,000
- Bathrooms
- 0
- Living area
- 5,524 sq ft
- Lot size
- 0.23 acres
- Year built
- 1937
- Type
- Multi Family
- Days on market
- 110
About this home
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.
Details
| MLS # | A12057167 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33139 |
| Parking spaces | 9 |
| Construction | Block |
Listing courtesy of The Corcoran Group, Frank Euler. Last updated Oct 30, 2026, 11:43 PM ET.
Request a showing
Mention MLS # A12057167 (560 Michigan Avenue) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 11:43 PM ET.