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Price: $2,825,000

For Sale

Price: $2,825,000

1331 Washington Ave, Miami Beach, FL

Description

  • Heavy Pedestrian Traffic. 2 Blocks to Beach. 3 blocks to Lincoln Road and Major Brand Hotels. A+ central South Beach location.

Cash Flow In Miami provides buyers with a rare opportunity to acquire a free-standing building in the heart of this robust market. The building’s unique features offer a highly efficient floor plan that provides more than 45’ of frontage on Washington Avenue and private parking in the rear of the building. This property is presently vacant and offers an end-user or investor with the opportunity to occupy the single space or easily divide the building into two or three different retail spaces with frontage along the avenue. Given this versatility, the property is ideal for any F&B, retail, medical, office, or showroom uses. Additionally, its private parking to the rear allows for convenient delivery and back of house access. Located in the heart of Miami Beach and along the heavily trafficked Washington Avenue, the property is conveniently located steps away from Miami Beach’s sandy beaches, Española Way, and the Convention Center.
Additionally, the area has also seen an influx of new investment and recent development projects such as Rishi Kapoor’s Urbin Retreat, the new Moxy Hotel, and the newly acquired Paris Theatre. Miami Beach will always stand as one of the premier Real Estate markets in the nation, and mixed with its heavy traffic of locals and tourism, it makes it one of the most trafficked corridors in South Florida. THIS PROPERTY IS ALSO AVAILABLE FOR LEASE ASKING $40/NNN

4,316 SF Building Size

Building Class B

Property Type: Retail

Year Built: 1925

Land Sizes: .15 Acres

Zoning: CD-2 - Medium intensity district for commercial activities, services, offices and related activities.

Parking: 8 Spaces (1.85 Spaces per 1,000 SF Leased)

Frontage: 50 FT on Washington Ave

SOLD
For Sell

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