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1680 Michigan Ave
Miami Beach, FL 33139 City Center

$2,899,000 USD

Office Residential Condo For Sale  •  2,613 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 99,000 SF
  • Lot Size 2.3 AC
  • Building Class A
  • Year Built 1974
  • Cap Rate 5.60 %
  • Tenancy Multiple
  • Zoning 0600
56 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
7th Floor - Unit 736 A-B-C Office 2,613 SF $2,899,000 USD
  • Unit Size: 2,613 SF
  • Condo Use: Office
  • Price: $2,899,000 USD
  • Sale Type: Investment
  • Price/SF: $1,109.45 USD
Description
Spectacular Class A Office Space — Premium South Beach Location
Address: Half Block from Lincoln Road, Miami Beach, FL
Building Class: A
Available Space: 2,613 RSF (2,182 SF per tax roll) + 750 SF Private Terrace
Total Area: 3,363 SF

Property Highlights: 
-Prime South Beach location, just steps from world-famous Lincoln Road.
-Recently renovated with high-end finishes and modern design
-3 private office suites with flexible layout options
-Expansive floor-to-ceiling glass windows offering abundant natural light
-Private terrace (750 SF) ideal for meetings, events, or relaxation
-Concierge desk in lobby and 
-On-site parking garage: 6 designated parking spaces — available for rent at $200/month or purchase at $35,000/space

Investment Highlights:
-Exceptional Class A office opportunity in one of Miami’s most desirable markets
-Ideal for owner-user or investor
- Fully Equipped & Remodeled: All furniture included for turnkey use
-Leaseback with tenant occupying the entire space:
Guaranteed 5.6% CAP Rate - 6% PRO-FORMA Cap Rate — strong and stable cash flow

Location:
Situated in the heart of South Beach, just steps from Lincoln Road’s renowned retail, dining, and entertainment destinations. Easy access to major thoroughfares, hotels, and public transportation.

Sale Notes
Solid Investment – South Beach Office Space
Fully Equipped & Remodeled: All furniture included for turnkey use
Guaranteed 5.6% CAP Rate - 6% PRO-FORMA Cap Rate — strong and stable cash flow

Highlights

Premium South Beach Location - Half Block from Lincoln Road, Miami Beach, FL
Expansive floor-to-ceiling glass windows offering abundant natural light
Private terrace (750 SF) ideal for meetings, events, or relaxation

Financial Summary

Cap Rate: 5.60 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Allison Management Inc.
Blue Sky Miami, Inc
Halpern & Associates
Luxe Living Realty
Mister O1
Momentum Business Center 11/30/2028
Restaurantware, LLC
SWIMMER LAW ASSOCIATES P.A.
The Batchelor Foundation Inc

Amenities

  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Natural Light
  • Plug & Play
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
12 min - 4.2 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 13 min - 4.3 mi
AirportDriveWalkDistance
Miami International 29 min - 14.5 mi
Fort Lauderdale/Hollywood International 40 min - 26.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Rachel Bennett 305-930-4915 ONE Commercial Real Estate
Rachel Bennett 305-930-4915 ONE Commercial Real Estate