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Active - Business for sale

531 Michigan Ave, Miami Beach FL 33139

Facts & features

Business Property type
230 days on Beycome
1940 Year built

Why you’ll love it

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.

Translating description...

Listings courtesy of Cromwell & Forbes Inc.

Listed by: Laurent Benzaquen • 305-905-1305 • Cromwell & Forbes Inc

Co-listed by: Cromwell & Forbes Inc

Source: Miami MLS, MLS#: A11991121 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$0$5,000
1%20%
0%90%
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Estimated monthly payment

$3,169/mo

  • Mortgage$0
  • Property tax$3,169
  • HOA fee
  • Homeowners insurance
Due at closing$36
Down payment held in escrow$9
Closing costs$1
beycome credit Est.$1

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Miami Beach

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$45 Listed price

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