Brown Harris Stevens | Established 1837


1560 Michigan Ave - $1,249,000

1 of 12

Development opportunity in Miami beach, being sold in conjunction with 1550 Michigan ave. Current Gross Square Footage: 2,018 sqft Proposed Gross Square Footage: 10,000 sqft Units must be a minimum of 800 sqft Any newly built structures could be up to TWO stories. If City of Miami Beach Preservation Board agrees, there is the potential to build everything within this lot as NEW construction. Although built in the 1930’s, this structure doesn’t carry any architectural significance; therefore a variance can be more easily achieved. The additional residential structure can be demolished and does not require city approval. The property would qualify for Parking Impact Fees if the redevelopment does not provide required parking on-site.


Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:


* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

View More Listings Like This One

Listing courtesy of Douglas Elliman

Miami Beach, Florida House

Approx. sqft: 1,916 sf
Last updated: 3/15/2018
ID: 275706284
MLS ID: A10372698
Mortgage Calculator

Residence Information

Type: Single
Bedrooms: 3
Bathrooms: 2.0

House Information

Built: 1935
Pets allowed: Yes
Lot Size: 8,000 sf