1550 Michigan AveMiami Beach, FL 33139MLS Number A10372702

  • Price: $1,501,000
  • Est. Mortgage of $/month
  • 244 Days on Market
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Federal 30-year interest rate: 4.53% last updated on Jul 12, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 8Bedrooms
  • 4Bathroom
  • 1931Year Built
  • 4,925Square Feet

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Development Opportunity on Miami beach being sold in conjunction with 1560 Michigan Ave. Current Gross Square Footage: 4,925 sqft Proposed Gross Square Footage: 10,000 sqft Units must be a minimum of 800 sqft Any newly built structures could be up to THREE stories. If City of Miami Beach Preservation Board agrees, there is the potential to keep the façade and build everything else new. Garage structures 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.

Listed by Jorge Sanchez of Douglas Elliman

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More Info

Location

  • Address1550 Michigan Ave
  • Zoning3900
  • TownMiami Beach
  • CountyMiami-Dade
  • Zip33139
  • StateFL
  • SubdivisionLincoln Sub
  • StreetMichigan Ave
  • Building Number1550

Exterior

  • Exterior FeaturesAwnings, Deck, Open Balcony, Screened Balcony, Screened Porch
  • RoofingComposition Roll

Utilities

  • Heat TypeOther
  • SewerMunicipal Sewer
  • WaterMunicipal Water

Water Body

  • Has WaterfrontN
  • Water ViewN

Building

  • Floor InformationWood Floors
  • Approximate Age87
  • Year Built1931

Interior

  • Bedrooms8
  • Bathroom4
  • Square Feet4,925
  • Interior FeaturesFirst Floor Entry, Second Floor Entry
  • KitchenAutomatic Garage Door Opener
  • DesignAttached
  • Bedroom 1 DescriptionAt Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • RoomsUtility/Laundry In Garage

Amenities

  • AmenitiesRe-Development opportunity on Miami Beach, being sold in conjunction with 1560 Michigan Ave.
  • A/CCeiling Fans, Central Cooling

Property

  • List Price$1,501,000
  • MLS NumberA10372702
  • Virtual TourClick Here
  • Property TypeSingle Family
  • Property StyleR30-
  • Parking Spaces4
  • ExteriorConcrete Block Construction
  • GarageDetached
  • Lot DescriptionLess Than 1/4 Acre Lot
  • Parking DescriptionCovered Parking, Driveway
  • DrivewayCovered Parking, Driveway
  • Sq Feet of Land8000
  • Property ViewY
  • Property View DescriptionNone

Other

  • List Date11/16/2017
  • Date Listed11/16/2017
  • Annual Tax$28,954
  • Tax Year07/18/2018
  • View Count2

Rooms

Room LabelRoom Description
Bedroom 1At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
Lombardi Properties
Lombardi Properties
167 NW 25th Street
Miami, FL 33127

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