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531 Michigan Ave, Miami Beach FL 33139

Commercial For Rent
$45

BTC: 0.00070312

ETH: 0.02577320

/mo
-$13 (2026/06/02)
66 days
0 room(s)

Overview

Opportunity in the Heart of Miami Beach! Unlock the potential of 531 Michigan Ave, a fully renovated property ideally located in one of Miami Beach’s most desirable and high-traffic areas. Delivered as a clean, upgraded shell, this space offers a blank canvas for a wide range of commercial uses and custom build-outs. The property has undergone significant renovations, providing updated infrastructure while allowing tenants or owners the flexibility to design and tailor the interior to their specific business needs. Perfect for retail, office, showroom, gallery, or specialty concepts seeking a highly adaptable space in a premier location. 3200 sq ft is available for retail or can be divided. Positioned just steps from major attractions, dining, retail, and residential developments, the property benefits from steady foot traffic and excellent accessibility.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1940
Lot:
7000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,440
$33 – $4K
Confidence Low
List vs. estimate
$1K below estimate
List $45 · -96.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $592K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$38,029
All facts and features
  • Flooring

    • Concrete

  • Lot

    • Lot: 7000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-009-6250

    • Zoning: 6503

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $38,029

  • Source details

    • MLS ID: A11991121

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cromwell & Forbes Inc