1628 Michigan Ave Miami Beach, FL 33139
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.