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Michigan Avenue Retail Opportunity
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1691 Michigan Ave Miami, Miami Beach, FL 33139

Retail space with concierge, valet, spa, and fitness center.

Space Size1,000 SF - 26,065 SF
Days on Market330

Property Features for 1691 Michigan Ave Miami

General Information

Standard status Active
Size 1,000 SF - 26,065 SF
Property subtype Office

Spaces For Lease

at 1691 Michigan Ave Miami Contact us
Name Size Type Rate Availability
Retail - Suite 115A 1,000 SF — Contact for pricing — Contact us
Retail - Suite 130 5,587 SF — Contact for pricing — Contact us
Retail - Suite 135/40 3,922 SF — Contact for pricing — Contact us
Suite 130 5,587 SF Office Building Contact for pricing — Contact us
Suite 135/40 3,922 SF Office Building Contact for pricing — Contact us
Entire 6th - Full floc 26,065 SF Office Building — — Contact us
Spec Suite - 540 2,797 SF Office Building — — Contact us
Suite - 410 1,965 SF Office Building — — Contact us
Suite - 415 2,608 SF Office Building — — Contact us
Suite - 425 2,386 SF Office Building — — Contact us
Suite - 210 2,264 SF Office Building — — Contact us
Listing Agency: Newmark | Miami
Listed By: Jeremy Hakala
Source: Nmrk
Added: Nov 24, 2025 Changed: Oct 11 Last Checked: Oct 19 at 4:35AM

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 Newmark | Miami

Rey
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Investment Insights

Based on property information with market context.

This retail space, encompassing 5587 square feet, offers a range of amenities including a full-time dedicated concierge, security, and valet service. Ample parking is available. The property features a private event space, conference room, and podcast room, along with a café and food delivery service. Additional amenities include a speakeasy, spa, meditation room, fitness center, and biohacking room. The delivery date is to be arranged, and the agreement type is a signed exclusive pending.

Key Highlights

  • Full‑time dedicated concierge, security, and valet for your convenience.
  • Stay fit in the fitness center & biohacking room.
  • Relax and rejuvenate in the spa and meditation room.

Property Analytics

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Current Use

Retail space

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,628
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami Beach, FL

$48.37 /SF/Yr
Avg Asking Price
$4.03–$110 /SF/Yr
Price Range
5,049 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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space with concierge, valet, spa, and fitness center.
Where is this retail space located?
The property is located at 1691 Michigan Ave Miami Miami Beach, FL.
What are key features of this property?
This property features: Full‑time dedicated concierge, security, and valet for your convenience.; Stay fit in the fitness center & biohacking room.; Relax and rejuvenate in the spa and meditation room.
More about this property
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