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$ 14,899,999
Est. payment /mo
Pending
1200 Washington AVE Miami Beach, FL 33139
30,874 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 30,874 sqft
Price per Sqft $482
MLS Listing ID A11936251
HOA Y/N No
Year Built 1947
Annual Tax Amount $212,265
Contingent Other
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Retail
Property Description
Pleased to present 1200 Washington Avenue, a prime two-story mixed-use asset totaling approximately 30,000square feet in the heart of South Beach. The property features a strong historical occupancy profile with notable tenants including Toni's Sushi, Chase Bank, and executive office users, and benefits from recent capital improvements, highlighted by a full roof replacement. Beyond its stable income profile, the property offers significant redevelopment potential through CD-2 zoning and newly approved density increases along the Washington Avenue corridor, positioning the site for mixed-use or residential expansion while retaining high-performing retail.Surrounded by major public and private investment, including the revitalization of Flamingo Park, new hospitality developments, and large scale projects such as Five Park and the Raleigh redevelopment, theproperty presents a rare opportunity for investors, developers, or end users seeking a high-visibility asset with meaningful long-term upside in one of Miami Beach's most active commercial districts.
Location
State FL
County Miami-dade
Area 2320
Zoning CD-2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Other
Building
Dwelling Type Office,Retail
Story 2
Others
Tax ID 0242030090060
Special Listing Condition Short Sale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11936251
Listed by Miguel Angel Pinto APEX Capital Realty LLC
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