Commercial Real Estate

Zebur

305.6000958
Commercial SaleMixed Use1323 Washington Ave, FL, 33139

1323 Washington Ave Miami Beach FL 33139

1323 Washington Ave, FL, 33139
    $7,200,000.00
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    Location Details

    • County Or Parish: Miami-Dade County
    • Directions: Washington Ave between 13th and 14th Street on the East side of the street.

    Property details

    • Total Building Area: 9266
    • Number of Buildings: 1
    • Lease Term: 36 Months
    • Disclosures: Flood Plain Disclosure
    • Lot Size Square Feet: 13000
    • Parcel Number: 02-32-34-008-0960
    • Possession: Closing & Funding
    • Road Frontage Type: City Street,Main Thoroughfare
    • Lot Size Area: 13000
    • Structure Type: Retail

    Property Features

    • Parking Features: Assigned
    • Security Features: Other,Smoke Detector(s)
    • Construction Materials: Block
    • Cooling: Central Air
    • Cooling Y/N: 1
    • Covered Spaces: 0
    • Electric: 110 Volts,3 Phase,220 Volts
    • Flooring: Concrete
    • Heating: Central,Heat Pump
    • Heating Y/N: 1
    • Parking Total: 15
    • Sewer: Public Sewer
    • Roof: Composition
    • Waterfront Y/N: 0
    • Water Source: Public
    • Stories: 1

    Fees & Taxes

    • Tax Annual Amount: 102000
    • Tax Year: 2022

    Basics

    Miscellaneous

    • Public Survey Township: 2
    • Public Survey Section: 34
    • Syndication Remarks: Great location and oppertunity to Build Higher. 6 store locations 100% leased. One store is licensed and grandfathered in for adult entertainment.
    • Operating Expense: 137000
    • Gross Income: 435984
    • Net Operating Income: 298984
    • Tenant Pays: Insurance,Sewer,Taxes,Trash Collection,Water
    • Year Built Details: Resale

    Description

    • Description:

      Fantastic Location, Right in the middle of South Beach on Busy Washington Ave 9,266 sqft of Retail or Restaurant Space. One of the six stores has a Special License for Adult Entertainment and is Grandfathered in if someone would like to expand on this type of business to make a Gentleman's Club. A Very Rare Opportunity for Miami Beach. Six stores, five are rented, one vacant store. The lot size is 13,000 sqft so their is plenty of room for parking behind the building. Seller can do Owner Finance with one third of the purchase price down. Seller will take back balance at one point above prime, interest only for 5 years, and balloon. Seller does not want any of the tenants disturbed, please contact the listing agent to see property.

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    This -type commercial real estate is located in , was built in 1936, is listed at $7,200,000.00, and has a area.

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