531 Michigan Ave, Miami Beach FL 33139
1940
Year Built
2
Stories
19
Days on Market
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.
Facts
- MLS#
- A11991121
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1940
- Lot Size
- 7,000 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 19 days
- Listed
- Mar 29, 2026
- Last Updated
- Apr 17, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
67
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/17/2026 | Price change | $52-10.3% |
| 3/29/2026 | Listed for sale | $58 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Ocean Studies CharterKG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
- Dolphin Montessori Children's House
PK,KG,1 · private · 0.5 mi
- Key Largo Montessori School
PK,KG,1 · private · 3.7 mi
- Key Largo School
PK,KG,1,2,3,4,5,6,7,8 · public · 4.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$150/mo
Principal & Interest
$0
Property Tax
$0
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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