1305-1323 Washington Ave 9,266 SF 100% Leased Retail Building Miami Beach, FL 33139 $5,900,000 ($636.74/SF)
EXECUTIVE SUMMARY
RECEIVERSHIP SALE !!!
High quality asset in the heart of South Beach. This Washington Avenue property has a total of 9,266 SF over six retail bays and a private parking lot. The lot size is 13,000 SF with 100’ fronting Washington Ave. Five out of six bays are leased and bring in approximately $440,000 in gross income. Just steps to world famous Ocean Drive and the beach.
High quality asset in the heart of South Beach. This Washington Avenue property has a total of 9,266 SF over six retail bays and a private parking lot. The lot size is 13,000 SF with 100’ fronting Washington Ave. Five out of six bays are leased and bring in approximately $440,000 in gross income. Just steps to world famous Ocean Drive and the beach.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,266 SF
Building Class
B
Year Built
1936
Price
$5,900,000
Price Per SF
$636.74
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.30 AC
Zoning
CD-2 - COMMERCIAL
Parking
5 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
113’ on Washington Ave
AMENITIES
- Bus Line
- Restaurant
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-3234-008-0960 | Improvements Assessment | $470,716 |
| Land Assessment | $5,200,000 | Total Assessment | $5,670,716 |
