531 Michigan Avenue, Miami Beach, FL 33139 Property Information
531 Michigan Avenue, Miami Beach, FL 33139 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 531 Michigan Avenue, Miami Beach |
| Zip code | 33139 |
| County | Miami-Dade |
| Municipality | Miami Beach |
| Neighborhood | Ocean Beach |
| Parcel ID | 0242030096250 |
Sales & Tax Overview for 531 Michigan Avenue, Miami Beach
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/05/2022 |
| Sale price | $2,522,000 |
| Arm's length | Register |
| Property tax | $48,857 |
Lot & Building Information for 531 Michigan Avenue, Miami Beach
| Building sqft | 7,889 |
| Building class | Store |
| Acreage | 0.161 |
| Year built | 1940 |
| Stories | 2 |
Zoning, Use & Area Overview
| Zoning district | Register |
| School district | Miami-Dade County Public Schools |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 531 Michigan Avenue, Miami Beach
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 531 Michigan Avenue, Miami Beach , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 531 Michigan Avenue, Miami Beach
This Store (SCILSR) located at 531 Michigan Avenue, Miami Beach, FL 33139 has a total of 7,889 square feet and a current price per square foot of $319.
What is the year built & the current market value of 531 Michigan Avenue, Miami Beach, FL 33139?531 Michigan Avenue, Miami Beach, FL 33139 was built in 1940 and has a current tax assessor's market value of $2,860,000.
How many commercial spaces does this building have?This building has 5 commercial spaces available for lease.
Ownership Information
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Past Sales & Property History for 531 Michigan Avenue, Miami Beach
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Title Documents for 531 Michigan Avenue, Miami Beach
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R: Recorded date
D: Document date
Property Taxes for 531 Michigan Avenue, Miami Beach
Access detailed property tax data for 531 Michigan Avenue, Miami Beach, FL 33139. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $48,857 |
| Market value | $2,860,000 |
| Assessed value | $2,464,418 |
Assessment History for 531 Michigan Avenue, Miami Beach
Here's the assessment & property tax history for 531 Michigan Avenue, Miami Beach, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $2,860,000 | $2,464,418 | 18.7601 | $48,857 | +16.05% |
| 2024 | $2,240,380 | $2,240,380 | 18.7913 | $42,100 | +1.23% |
| 2023 | $2,200,782 | $2,200,782 | 18.8967 | $41,588 | +9.36% |
| 2022 | $2,198,448 | $1,929,717 | 18.7893 | $38,029 | +4.23% |
| 2021 | $2,127,375 | $1,754,289 | 19.3081 | $36,487 | -11.41% |
Miami Beach residential market stats
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Demographics by Zip Code
| Total population | 33,753 |
| Median age | 43.6 |
| Average household income | $148,138 |
| Family households | 34.4% |
| Occupied housing units | 19,822 |
| Owner occupied units | 37.2% |
| Average number of people per household | 1.68 |
| Median year structure built | 1970 |
| Median value for units with a mortgage | $495,300 |
| Median value for units without a mortgage | $467,200 |
Risk
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| FEMA flood zone(s) | AE (See more on map) |
Transportation
Access the detailed traffic volume map for 531 Michigan Avenue, Miami Beach to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 531 Michigan Avenue, Miami Beach
Here are the neighbors for 531 Michigan Avenue, Miami Beach.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 628 Jefferson Ave, Miami Beach | 3,018 | 04/14/2010 | $3,800,000 |
| 634 Jefferson Ave, Miami Beach | 3,018 | 04/14/2010 | $3,800,000 |
| 620 Jefferson Ave, Miami Beach | 3,327 | 09/13/2010 | $385,000 |
| 521 Michigan Ave, Miami Beach | 8,304 | 06/10/1993 | $10 |
| 945 5th St, Miami Beach | 4,232 | 12/04/2009 | $11,720,000 |
| 901 4th St, Miami Beach | 07/17/1998 | $700,000 | |
| 625 Michigan Ave, Miami Beach | 6,534 | 04/25/2025 | $10 |
| 927 4th St, Miami Beach | 1,892 | 10/12/2023 | $1,900,000 |
| 901 6th St, Miami Beach | 8,800 | 08/01/1996 | $425,000 |
| 941 4th St, Miami Beach | 2,940 | 09/30/2008 | $790,000 |
| 935 4th St, Miami Beach | 624 | 12/12/1996 | $132,500 |
| 911 4th St, Miami Beach | 07/17/1998 | $700,000 | |
| 900 7th St, Miami Beach | 3,018 | 04/14/2010 | $3,800,000 |
| 650 Jefferson Ave, Miami Beach | 3,018 | 04/14/2010 | $3,800,000 |
| 545 Michigan Ave, Miami Beach | 5,466 | 07/01/2013 | $1,050,000 |
| 642 Jefferson Ave, Miami Beach | 3,018 | 04/14/2010 | $3,800,000 |
| 919 4th St, Miami Beach | 2,214 | 07/01/2016 | $10 |
| 610 Jefferson Ave, Miami Beach | 4,076 | 12/29/1992 | |
| 524 Jefferson Ave, Miami Beach | 14,258 | 03/04/2016 | $6,750,000 |
| 542 Jefferson Ave, Miami Beach | 12,362 | 06/05/1997 | $625,000 |