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$6,250,000

Listing Price

4beds

4baths

2,516sqft

5,000sqft lot

560 Michigan Ave, Miami Beach, FL 33139

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1937

Year built

Home Details

This money making property includes two renovated building in Miami Beach, offering a furnished one and two bedrooms apartments, licensed for short term rentals. The remodeled nine units offer fully equipped kitchens and bathrooms. Each unit is individually equipped with central AC unit. This property is located in a double corner lot at 6th Street and Michigan Avenue. It is strategically located close to 5th Street Mall (Publix Supermarket, Target, Ross, TJ Max and Best Buy to name national retail tenants) and the new Five Park Residential Tower. The property offer faced private parking, laundry room, office. The zoning is CPS2 commercial - residential mix used - FAR 2, which allow further development up to 20, 000 Sq/Ft. The beach of Ocean Drive is only 10 minutes walking.

Interior Details

Square Feet
  • 2516

Bedrooms
  • 4

Bathrooms
  • 4

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Covered

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • Composition

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Tile

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$28,540

$0

$0

--%

$1,140,724

2019

$27,311

$0

$0

--%

$1,037,022

2018

$21,792

$0

$0

--%

$942,748

2017

$21,143

$1,500,000

$46,554

--%

$1,546,554

2016

$20,753

$0

$0

--%

$779,131

2014

$13,082

$0

$0

--%

$643,910

2013

$12,988

$0

$0

--%

$635,250

2011

$13,445

$0

$0

--%

$649,576

percent-home-icon

Average Home Price in 33139

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$6,250,000

4 Beds

4 Baths

2,516 Sqft

5,000 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
6,250,000
$
Down payment
1,250,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
37,500
$
HOA (Monthly)
0
$
PMI
0
$
$40,458
Your Payment
Total Monthly Payment:$40,458
Percent of Income:694%
Affordable:No

Details for 560 MICHIGAN AVE

Property Debt

Foreclosure Contact Details