South Beach Commercial
$2,500,000
South Beach / Miami Beach
531MICHIGAN AVEMiami Beach, FL 33139
| Price: | $2,500,000 |
| Taxes: | $22,280 |
| Property Type: | Commercial |
| Bedrooms: | 12.0 |
| Bathrooms: | 12.0 |
| Sq. Ft. (approx): | 7889 |
| Lot Size: | 7000 |
| Year Built: | 1940 |
| MLS Listing: | MIAMI #M1106909 |
| Water: | City |
| Sewer: | City |
| Possession: | Funding |
| Directions: | From Miami take Mcarthur Causeway(I-395) Once you are on Miami Beach make a Left turn onto Michigan Ave. Property will be almost immediately on your right hand side |
topDescription
Mixed use property, located on the corner of 5th and Michigan. Commercial floor has a tax office (850 sq. ft) a grocery store (2812 sq.ft.) in the front and 2 bays in the back (1683 SF + 1275 SF) upstairs there are 5 apartments (total 1700 sq.ft). Street parking. The building is fully leased. Leases are gross, insurance and Real Estate taxes are included in the rent, tenants pay sales sales tax and trash.
Information herein deemed reliable, but subject to change.