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Miami-Dade County
Miami Beach
545 Michigan Ave
W81° 51' 42.9''
N25° 46' 31.3''
Additional Information
One Sotheby's International Realty
: Concrete Block Construction
: Sale
: Commercial
Property Description

Commercially zoned, short-term rental building steps from the 5th Street gateway to South Beach. The property is a gated 8-unit apartment building offering a mix of 1-bed/2-bath units and studios, with 5 parking spaces. The building is offered vacant, 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\r\ncan be developed into a 14,000 SF building. Create Airbnb suites or a 30+ room boutique hotel close to multimillion dollar residential and retail developments, easy walking distance to the beach, shops and fine dining. Zoning also allows for medical or office use. The building has been recertified until 2029.

This listing is courtesy of One Sotheby\'s International Realty.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0242030096260 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2030-009-6260 (0242030096260)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records

Property Location*
Address: 545 Michigan Ave
City: Miami Beach
State: Florida
Zip Code: 33139-6365 (Listings)
County: Miami-Dade (Listings)
Building Size - English*
Living Square Feet: 5,466
Actual Square Feet: 5,466
Adjusted Square Feet: 4,848
Lot Size - English*
Lot Size (sf): 7,000
Lot Size (acres): 0.16
Building Size - Metric*
Living Square Meters: 507.81
Actual Square Meters: 507.81
Adjusted Sq M: 450.39
Lot Size - Metric*
Lot Size (sq m): 650
Lot Size (ha): 0.07
Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 6503 - Commercial
Municipal Zoning: C-PS2 (Miami Beach)
All Listed | All Properties
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 06/24/2013
Amount: $1,050,000
Prior Sale #2* (Second to Last)
Type: Sales type info not available
Qual: Q
Date: 10/01/2003
Amount: $636,000
Prior Sale #3* (3rd to Last)
Type: Sales type info not available
Qual: Q
Date: 07/01/1995
Amount: $220,000
Taxable Values*
Tax Year: 2022
Land: $1,288,000
Building: $692,000
Total: $1,980,000
Assessed: $1,664,113
County Taxable: $1,664,113
City Taxable: $1,664,113
Mill Code: 0200
Owner 1: Ciervo Properties Llc
Mailing Address: 234 Mosher Ave
Mailing City: Woodmere
Mailing State: Ny
Mailing Zip: 11598
Mailing Country: USA
Building Information*
Stories: 2
Units: 12
Year Built: 1939
Effective Year Built: 1945
Extra Features 1: Wrought Iron Fence
Legal Description*
Legal Description Concatenated: OCEAN BEACH ADD NO 3 PB 2-81 LOT 14 BLK 84 LOT SIZE 50.000 X 140 OR 16840-0974 0795 1 COC 21797-3203 10 2003 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

545 Michigan Ave, Miami Beach, Florida 33139

Listing ID#A11125894
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11125894
Price : $2,950,000
Year Built : 1939
Built up area : 5,466 Sqft
Status : Active
Type of Business : Residential-multi-family