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Restaurant Café Space
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1691 Michigan Ave, Miami Beach, FL 33139

Restaurant/café suite with a grease trap and hood, located next to a building lobby and elevator landing.

Space SizeContact for details
Property Size1,338 SF
Days on Market83

Property Features for 1691 Michigan Ave

General Information

Standard status Active
Size 1,338 SF
Property subtype RETAIL

Restaurant

Commercial Hood Yes
Grease Trap Yes
Listing Agency: FA Commercial
Listed By: Fabio Faerman · License #3045634
Source: Moodyscre
Added: May 15 Changed: Jul 27 Last Checked: Aug 5 at 11:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FA Commercial

Investment Insights

Based on property information with market context.

This restaurant/café space is positioned next to the building lobby and adjacent to an elevator landing serving the tower. The suite is set up for food service with a grease trap and hood already installed, providing key infrastructure for cooking operations.

The layout benefits from immediate proximity to building circulation, with access near the lobby and elevator area.

Configured as a dedicated restaurant/café space, it offers an existing starting point for operators looking for a turn-key kitchen exhaust and grease management setup within a multi-story building environment.

Key Highlights

  • Restaurant/café suite located next to the building lobby
  • Grease trap and hood installed
  • Positioned next to an elevator landing for the tower

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Nursing Home Plumbing Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,628
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Lease Benchmarks for Miami Beach, FL

$42.87 /SF/Yr
Avg Asking Price
$5.13–$65 /SF/Yr
Price Range
9,443 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant/café suite with a grease trap and hood, located next to a building lobby and elevator landing.
Where is this conventional restaurant located?
The property is located at 1691 Michigan Ave Miami Beach, FL.
What are key features of this property?
This property features: Restaurant/café suite located next to the building lobby; Grease trap and hood installed; Positioned next to an elevator landing for the tower
(786) 262-9966 Call to check price and availability
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