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$52 -$6 (-10.34%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 531 Michigan Ave
General
- Price: $52
- Taxes: $38,029
- Status: Active
- Type: Commercial Lease
- Source: Greater_Miami
- MLS ID: A11991121
- Updated: 4/17/2026
- Added to Site: 22 day(s) ago
Business
- Business Type: Retail Space, Store/Warehouse Combination
Interior
- Flooring: Concrete
Location
- County: Miami-Dade County
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Stories/Levels: 2
- Building Size: 7889
- Year Built: 1940
Lot Features
- Lot Size (Sq. Ft.): 7,000
- Lot Features: City Location
- Zoning: 6503
Financial Considerations
- Tax Amount: $38,029
Disclosures and Reports
- Special Conditions: Lease
- 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
- Property ID: 02-42-03-009-6250
Listed by Cromwell & Forbes Inc
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Schools
Schools serving 531 Michigan Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Michigan Ave
Date
Details
Price
Change
Source
4/17/2026
Price Reduced
$52
-10.34%
MLS
3/29/2026
Listed
$58
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Michigan Ave
531 Michigan Ave, Miami Beach, FL 33139 (MLS# A11991121) is a Commercial Lease property. 531 Michigan Ave is currently listed for $52 and was received on March 29, 2026. Want to learn more about 531 Michigan Ave? Do you have questions about finding other Commercial Lease real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

