531 Michigan Ave Miami Beach, FL $ 4,800,000
531 Michigan Ave
$ 4,800,000
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531 Michigan Ave

Miami Beach, FL, 33139
$ 4,800,000
Bedrooms-- Baths-- Sq 7,889

Monthly Estimate*

$ 29,554

531 Michigan Ave, Miami Beach, FL 33139 - Image 1

Commercial Property for sale in Miami Beach, FL

for $4,800,000. This 7,889 square foot building was built in 1940.

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.

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Commercial Active

Price

$ 4,800,000

Property Type

Commercial

Taxes

$ 38,029

Style

Year Built

1940

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11991123

Features
General
Possession Close Of Escrow
Construction Materials Block
Year Built 1940
Stories Count 2
Levels Two
Property Subtype Retail
Tax Year 2024
County Miami-Dade
Property Type Commercial Sale
Status Active
City Miami Beach
Disclosures None Owner Is Listing Agent
Zoning Description 6503
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Conventional
Tax Annual Amount 38029
Structure Type Retail Warehouse
Standard Status Active
Occupancy Type Vacant
Legal Description 3-4 54 42 34 53 42 OCEAN BEACH ADD NO 3 PB 2-81 LOT 13 BLK 84 LOT SIZE 50.000 X 140 OR 21315-1463 05 2003 6
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Interior
Flooring Concrete
Total Baths 0
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Exterior
Lot Size Area 7000
Number of Buildings 1
Building Area Total 7889
Covered Spaces 0
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* Excluded Features
List By
Cromwell & Forbes Inc

Broker

laurentbenzaquen@gmail.com

Email

Affordability Calculator

$32,724
Per Month
90%
10%
0%
Monthly Principal & Interest
$29,554
Monthly Property Taxes
$3,169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2026$4,800,000 Listed Price

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531 Michigan Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $4,800,000 with 7,889 sqft. 531 Michigan Ave was built in 1940. The property's zip code is 33139 which is in Miami Beach, FL