This money-making property comprises two elegantly renovated buildings offering a mix of furnished one and two-bedroom apartments, licensed for short term rentals. The nine units are all fully appointed with modern, fully equipped kitchens and bathrooms. MIAMI BEACH 560 is strategically located on a double corner lot, off the 5th Street gateway to Miami Beach.The gated, lushly landscaped property includes 9 private parking spaces, onsite office as well as a laundry room, which is available for the guests. With CPS2 commercial zoning – FAR 2.0, the property can be further developed up to 20,000 SF in the heart of South Beach, easy walking distance to the beach, shops and restaurants.