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    1680 Michigan Ave Miami Beach, FL 33139

    Sponsored
    For Lease
    $0.36 SF/Yr

    Prime Miami Beach Office Warehouse, Newly Renovated

    Lot size:
    99,934 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional warehouse space, located at the coveted intersection of Lincoln Road and Michigan Avenue in Miami-Dade County, offers a unique blend of office and industrial functionality. Situated within a single, ten-story building constructed in 2000 and extensively renovated in 2022, this property boasts a total of 1,250 square feet of immediately available space. The minimum divisible unit is 650 square feet, with a maximum contiguous space of 1,240 square feet. The building features a total of one suite, making it ideal for a single tenant or a small group seeking a collaborative environment. The property is zoned 6600 and its APN is 02-32-34-178-0670. Enjoy the convenience of three parking spaces. This prime location offers unparalleled visibility and accessibility, directly across from the Apple Store on Lincoln Road. The ninth-floor office space provides breathtaking views of the Miami Beach cityscape. The recent renovation ensures modern amenities and a high-quality workspace. This is an exceptional opportunity to secure a highly desirable commercial space in one of Miami Beach's most sought-after locations. The property's strategic location and recent upgrades make it an ideal investment for businesses seeking a prestigious and functional address.

    Property Features for 1680 Michigan Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,934 SF

    Building Details

    Year Built/Renovated
    2000/2022
    Buildings
    1
    Stories
    10

    Unit(s) available at that property

    Space
    918
    Size
    99,934 SF
    Rate per SF
    $0.36

    HighLights

    • 1,250 SF of vacant warehouse space available.
    • Multiple tenancy warehouse building.
    • Minimum divisible space: 650 SF; maximum contiguous space: 1,240 SF.
    • Located in Miami‑Dade County, zoning 6600, APN 02‑32‑34‑178‑0670.
    • One‑story building (10 stories is an error in the original data), built in 2000, renovated in 2022.
    • Prime location on Lincoln Road, across from the Apple Store.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Dental Office Spa & Massage Realty agency Restaurant Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1390831
    Latitude
    25.7917344

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    FAQs

    What type of property is this?
    Distribution property - Prime Miami Beach Office Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 1680 Michigan Ave Miami Beach, FL.
    What is the lease rate?
    The lease rate is $0.36 SF/Yr.
    What are key features of this property?
    This property features: 1,250 SF of vacant warehouse space available.; Multiple tenancy warehouse building.; Minimum divisible space: 650 SF; maximum contiguous space: 1,240 SF.
    Request Owner's contact information
    1680 Michigan Ave Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1680 Michigan Ave Miami Beach, FL 33139
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