Property Description

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.Positioned just steps from major attractions, dining, retail, and residential developments, the property benefits from steady foot traffic and excellent accessibility.

Overview

At a glance

Property Type: Commercial Sale
Property Sub-Type: Retail
Address: 531 Michigan Avenue, Miami Beach, FL 33139
Zoning: 6503
MLS ID: A11991123
Listing Date: 2026-03-29
Last Updated: 4/24/2026, 6:32:05 PM
Days on Market: 74

Features & Amenities

The Details

Interior

Flooring: Concrete

Exterior

Construction: Block

Details

Building Area: 7,889 sq.ft.
Lot Size: 7,000 sq.ft.
Lot Size (Acres): 0.16 acres
Year Built: 1940
County: Miami-Dade
Zoning: 6503

Financial

List Price: $4,800,000
Original List Price: $4,800,000
Annual Tax: $38,029/yr
Tax Year: 2024

Location

Your agent

Stephanie Mordes

VP — Sales

(561) 571-8666 stephanie@aquantisrealty.com

Inquire

Request a Private Showing

Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.