The settlement clears the way for the release of the band’s final recordings more than five years after the singer's death.
The city said the shootings and “excessively large and unruly crowds” led to the decision.
Officials determined the 14-story Port Royale building was unsafe and gave orders to leave.
Five people were shot over the weekend, the Miami Beach mayor said.
The problem was the web address printed in a flier left out a hyphen, prompting drivers to visit the wrong website.
Mayor Dan Gelber went after the GOP governor as his state tallies the highest daily number of cases of the entire pandemic.
At least one person was killed in the early morning collapse. A massive rescue operation continued in Surfside, Florida.
The Grammy-nominated rapper is one of many being questioned about the shooting that wounded two people on Memorial Day.
“We’ve got too many people acting out and we have COVID at the same time," Mayor Don Gelber said.