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$ 6,800,000
Est. payment | /mo
3,008 SqFt
$ 6,800,000
Est. payment | /mo
3,008 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,008 sqft
Price per Sqft $2,260
Subdivision Ocean Beach Addn No 3
MLS Listing ID F10502928
Style Fourplex
Construction Status Resale
Total Fin. Sqft 10000
Year Built 1937
Annual Tax Amount $32,307
Tax Year 2025
Property Sub-Type Fourplex
Property Description
BLANK CANVAS or keep as a MONEY MAKER!! Two renovated buildings in Miami Beach with furnished one & two bedrooms apartments, licensed for short term rentals. Remodeled 9 units, fully equipped kitchens & bathrooms as well as central AC. This property 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. Zoning is CPS2 commercial - residential MU - FAR 2, which allows further development and in an area that everything is being developed build up to 20,000 Sq/Ft. Great asset to buy and hold as you redesign the corner and go up!
Location
State FL
County Miami-dade County
Zoning 6503
Interior
Heating Electric Heat
Cooling Ceiling Fans, Central Cooling
Flooring Parquet Floors
Exterior
Community Features 1
Roof Type Concrete Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Compass Florida, LLC
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Nicole Marcum Rife
REALTOR®