560 Michigan Avenue
Miami Beach, FL 33139
13
Bed
9
Bath
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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
-
Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir
-
Building Information
Year Built: 1937Construction Materials: BlockPrivate Pool: No
-
Lot Information
Lot Dimensions: 10000Property Information
Subdivision: OCEAN BEACH ADDN NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 6318 Property Age: 89
-
Listing Price Information
Listing Price: $5600000Cash, Conventional
-
Tax Information
Parcel Number: 0242030097780 Tax Year: 2025 Annual Tax: $61192 Tax Legal Desc: 3-4 54 42 3-4 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 E100FT OF LOT 1 BLK 98 LOT SIZE 50.000 X 100 OR 21279-3773 022003 6 COC 24635-1561 06 2006
-
Parking Information
Parking Total: 9
-
School Information
Elementary School: Miami Beach South Pointe Junior High School: Miami Beach Nautilus Senior High School: Miami Beach -
Utility Information
CableAvailable -
Location Information
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 130 Palm Ave, Miami Beach, FL, 33139 | $60,000,000 | 9 | 15 | 15,132 | 30,000 Sq. Ft |
| 158 Ocean Dr #203, Miami Beach, FL, 33139 | $270,000 | -- | 1 | 400 | -- |
| 158 Ocean Dr #406, Miami Beach, FL, 33139 | $275,000 | -- | 1 | 400 | -- |
| 927 4th Street, Miami Beach, FL, 33139 | $1,990,000 | 3 | 2 | 1,892 | 1,950 Sq. Ft |
| 1004 Pennsylvania Avenu.., Miami Beach, FL, 33139 | $265,000 | 1 | 1 | -- | -- |
| 2201 Collins Avenue #1511, Miami Beach, FL, 33139 | $3,750,000 | 2 | 3 | 1,287 | -- |
| 2301 Collins Avenue #63.., Miami Beach, FL, 33139 | $3,100,000 | 2 | 3 | 1,640 | -- |
| 2301 Collins Avenue #719, Miami Beach, FL, 33139 | $1,690,000 | 1 | 1 | 900 | -- |
| 1621 Collins Avenue #302, Miami Beach, FL, 33139 | $695,000 | 2 | 2 | 1,088 | -- |
| 1250 Ocean Drive #PH1, Miami Beach, FL, 33139 | $5,999,000 | 4 | 4 | 2,789 | -- |
Similar Homes To 560 Michigan Avenue
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 10/04/2026 @ 01:23
More Cities with for Sale by Owner Homes
- Miami Beach Homes For Sale By Owner
- BELLE ISLE Homes For Sale By Owner
- North Bay Village Homes For Sale By Owner
- Miami Homes For Sale By Owner
- El Portal Homes For Sale By Owner
- Surfside Homes For Sale By Owner
- Miami Shores Homes For Sale By Owner
- Key Biscayne Homes For Sale By Owner
- Bay Harbor Islands Homes For Sale By Owner
- Biscayne Park Homes For Sale By Owner
- North Miami Homes For Sale By Owner
- Coral Gables Homes For Sale By Owner
- Coconut Grove Homes For Sale By Owner
- North Miami Beach Homes For Sale By Owner
- Sunny Isles Beach Homes For Sale By Owner
- Miami Springs Homes For Sale By Owner
- West Miami Homes For Sale By Owner
- Virginia Gardens Homes For Sale By Owner
- Aventura Homes For Sale By Owner
- South Miami Homes For Sale By Owner
Homes around $5,600,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.