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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1628 Michigan Ave Miami Beach, FL 33139

Property ID
Property summary
AI-generated overview

This exceptional 22,000 square foot single-tenant retail space presents a unique investment opportunity. Situated just one storefront away from the vibrant Lincoln Road, on Michigan Avenue, this property boasts a highly desirable location amongst prestigious neighbors including Apple, Nike, and Gap. The building, identified by APN 02-32-34-002-0070 and zoned 6600, offers a sophisticated aesthetic with high ceilings, abundant natural light, and polished terrazzo floors. Its single-suite configuration provides a streamlined and efficient layout, ideal for a variety of uses, from a flagship retail boutique to a high-end office space. The property's prime location ensures high visibility and foot traffic, capitalizing on the bustling energy of Lincoln Road's renowned shopping and entertainment district. This is an unparalleled chance to secure a prominent presence in one of South Florida's most sought-after commercial corridors. The building's size and location make it an exceptional opportunity for a discerning buyer seeking a high-impact retail or office space. The property is ready for immediate occupancy and offers a blank canvas for a creative and successful business venture. This is a rare opportunity to acquire a truly exceptional retail property in a coveted location.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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