What is the asking rent at 531 Michigan Avenue?

531 Michigan Avenue is offered for lease at $45 per square foot per year. The MLS does not say whether that rent is triple net (NNN), modified gross or full service, so ask what the tenant pays toward taxes, insurance, common area maintenance and utilities before you compare it with another space.

What is 531 Michigan Avenue zoned?

The listing reports zoning of 6503. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you sign a lease.

How big is 531 Michigan Avenue?

The listing reports 7,889 square feet of building. On a lease listing that figure is sometimes the whole building rather than the space offered, so confirm the rentable square footage of the space itself.

When was 531 Michigan Avenue built?

531 Michigan Avenue was built in 1940. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

How do I tour 531 Michigan Avenue?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the lease type, the term and the space available.

531 Michigan Avenue, Miami Beach, FL 33139

$45/SF/yr · Retail for lease

Property type: Retail
Asking rent: $45/SF/yr
Building size: 7,889 sq ft
Lot size: 6,970 sq ft
Zoning: 6503
Year built: 1940
Buildings: 1
Parcel ID: 0242030096250
MLS#: A11991121

Photo 1 at 531 Michigan Avenue, Miami Beach

About this space

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.

Building Features and Utilities

Block

Operating Statement

Property taxes	$38,029/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Cromwell & Forbes Inc · laurentbenzaquen@gmail.com · Listing agent: Laurent R Benzaquen

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 531 Michigan Avenue or to ask for what the listing leaves out: the lease type, the term and the space available.

Questions About 531 Michigan Avenue

What is the asking rent at 531 Michigan Avenue?: 531 Michigan Avenue is offered for lease at $45 per square foot per year. The MLS does not say whether that rent is triple net (NNN), modified gross or full service, so ask what the tenant pays toward taxes, insurance, common area maintenance and utilities before you compare it with another space.
What is 531 Michigan Avenue zoned?: The listing reports zoning of 6503. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you sign a lease.
How big is 531 Michigan Avenue?: The listing reports 7,889 square feet of building. On a lease listing that figure is sometimes the whole building rather than the space offered, so confirm the rentable square footage of the space itself.
When was 531 Michigan Avenue built?: 531 Michigan Avenue was built in 1940. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 531 Michigan Avenue?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the lease type, the term and the space available.

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