1688 Michigan Ave Miami Beach, FL 33139
- Office Properties & Spaces
- 550 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1688 Michigan Ave
- Year built
- 1974
- Property size
- 550 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional investment opportunity presents two contiguous Class A office condos, units 916 and 918, totaling 1,370 square feet of net rentable space within a prestigious 11-story building at 1680 Michigan Avenue, Miami Beach, FL 33139. Located directly across from the Apple Store on Lincoln Road, this property boasts an unparalleled location. The units, situated on the 9th floor, offer expansive city views. Recently renovated in 2018, these creative/executive office spaces feature their own bathroom suites. Built in 1974, the building is zoned for commercial use (Com). The property is currently vacant, presenting an immediate opportunity for occupancy. This condo offers a 5% cap rate and is an ideal investment for high-profile tenants. On-site parking is available. The asking price is $950,000. This is arguably one of the best locations in the United States for a commercial office space. The listing includes two units and features a net rentable area between 550 and 750 square feet per unit.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1389
- Latitude
- 25.7919
