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560 Michigan Ave
Miami Beach, FL 33139
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Money-making short-term rental property
- 5 one-bed/one-bath units and 4 two-bed/two-bath units
- 5 blocks to Ocean Drive and the beach
- Renovated apartments with modern kitchens and bathrooms
- Gated with onsite laundry, onsite office and 9 parking spaces
- 1 block from Target and the Publix Supermarket shopping center
Property Facts
| No. Units | 9 | Building Size | 10,000 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1939/2016 |
| Lot Size | 0.11 AC | Parking Ratio | 0.9/1,000 SF |
| Zoning | CPS-2 - Mixed Residential/Commercial Zoning, which allow short-term rental, hotel use, apartments, medical and office use | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built/Renovated | 1939/2016 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | CPS-2 - Mixed Residential/Commercial Zoning, which allow short-term rental, hotel use, apartments, medical and office use |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Kitchen
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
- Carpet
- Dining Room
- Garden
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Property Manager on Site
- Gated
- Guest Apartment
- Maid Service
- Wi-Fi
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 390 - 450 |
| 2+2 | 4 | - | 550 - 650 |
Property Taxes
| Parcel Number | 02-4203-009-7780 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,837,145 |
Property Taxes
Parcel Number
02-4203-009-7780
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,837,145
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