545 Michigan Avenue is an 8-unit apartment building located in the heart of South Beach and on the border of the prestigious South of Fifth neighborhood. This property contains a mix of four (4) studio apartments and four (4) 2 bedroom 2 bathroom apartments. The units are newly renovated and furnished, making them poised for strong and immediate rental income. The property is optimized for both short-term and long-term rentals. 30-day minimum monthly rentals are allowed. The Commercial General Mixed-Use (CPS-2) zoning allows for more flexible occupancy options. The property is in a prime location in South Beach’s historic Art Deco District nearby Miami Beach’s best bars, restaurants, hotels, parks, and beaches. One block from the South of Fifth border. Two blocks from Alton Road. Three blocks from Washington Avenue. Four Blocks from Collins Avenue. Five blocks from the beach and Ocean Drive.