545 Michigan Ave

Out Of Market
Recommend
Out Of Market

$2,750,000

545 Michigan Ave South Beach
Out Of Market
Recommend

153

Home61's Closings in

South Beach

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 29,952
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
-
On market
1016 days
$ /sqft
-
Type
other
Year Built
1939
Unit
-
Zip Code
33139
Ref./MLS ID
A11072765

DESCRIPTION

South beach – commercially zoned, short-term rental building steps from the 5th street gateway to south beach.  Gated 8-unit apartment building offering a mix of 1-bed/2-bath units and studios, with 5 parking spaces at the rear.  100% occupied with primarily month-to-month tenants 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 one block from publix supermarket, target and other national chain stores.  The building has been recertified until 2029.  


Data is provided by Miami Board of Realtors.

Public transportation

5 St & Michigan Av
C
M
1 mins
5 St & Lenox Av
120
C
M
2 mins
5 St & Meridian Av
C
M
2 mins
Alton Rd & 6 St
123
M
S
2 mins

Nearby School In South Beach

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
5
Miami Beach Senior High School
9-12
1.7 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.8 miles
9
South Pointe Elementary School
PK-5
0.2 miles
9
Miami Children's Museum Charter School
PK-5
2.5 miles
Neighborhood

South Beach

  • fashion
  • beach
  • ocean
  • nightlife
  • party
  • restaurants
  • bars
  • condos
  • ocean front homes
  • luxury
  • miami

  •  
Listed on July 19, 2021 by Susan Gale from One Sotheby's International Realty, this other is for sale. other for sale in South Beach listed at $2,750,000, Reference A11072765

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