954-942-0917
1260 Washington Ave, Miami Beach, FL for Sale
Hospitality - FOR SALE
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1260 Washington Ave
Miami Beach, FL 33139


HIGHLIGHTS

  • Prime City Block Location fronting Washington Avenue, 13th Street, and Drexel Avenue in Miami Beach
  • Large .76± Acre Mixed Use Development Site with Existing 3 Story 19,519± SF Commercial Building
  • Site Plan Approved through March of 2029 for a 7 Story 80,602± SF Mixed Use Building with Retail, Residential, Hotel, Office and Parking
  • Two Blocks from World Famous South Beach and the Atlantic Ocean
  • The proposed project features 20,504± SF of Retail and Office Space and 69 Residential Units utilized for Residential and Hotel

OVERVIEW

RECEIVER ORDERED REAL ESTATE SALE | ACCEPTING STALKING HORSE OFFERS A Prime Development Site Approved for a 7 Story 80,602± SF Mixed Use Project and an Existing 19,519± SF 3 Story Building on a a.76± Acre Site 1234 & 1260 Washington Avenue, Miami Beach, Florida 33169 Fisher Auction Company is pleased to present a Prime Development Site Approved for a 7 Story 80,602± Square Foot Mixed Use Project and Existing 19,519± Square Foot 3 Story Historic Building on .76± Acres in the heart of Miami Beach, Florida. Prime City Block Location fronting Washington Avenue, 13th Street, and Drexel Avenue in Miami Beach. Large .76± Acre Mixed Use Development Site with Existing 3 Story 19,519± SF Commercial Building. Site Plan Approved through March of 2029 (HPB approvals through 4/1/29 and PB approvals through 3/17/29) for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Hotel, Office and Parking (Please See “2029 Extension Correspondence” in Data Room). Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue. Potential Historic Designation Incentives for 1234 Building. Short Distance to City Transportation, Lummus Park, High End Retail, Fine Dining, and South Beach Nightlife. Within Minutes to Major Recreation/Entertainment Venues and Miami International Airport. Perfect Investment Opportunity with escalating local Rental Rates and Sales. Two Blocks from World Famous South Beach and the Atlantic Ocean. The proposed project features 20,504± SF of Retail and Office Space and 69 Residential Units utilized for Residential and Hotel Address: 1234 & 1260 Washington Avenue, Miami Beach, Florida 33139. Location: Block Property fronting Washington Avenue, 13th Street and Drexel Avenue. Directions: From Alton Road go East on 11th Street to Washington Avenue. Turn left and proceed to Address. Public Parking is available on Washington and Drexel Avenues. Access: From Pennsylvania and Drexel Avenues. 1234 Building: Total of 19,519± Square Feet in Three Story Concrete Building Approved for Ren-ovation. Built in 1961 with Historic Designation. Land Area: Total of .76± Acres / 33,525± SF . Frontage: 228± Feet along Washington Avenue, 168± Feet along 13th Street, 225± Feet along Drexel Avenue. Zoning: CD-2, Commercial Medium Density (See Zoning Section for Permitted Used and Building Requirements in Data Room) . Taxes: 2023 Total - $283,468.61 . Parcel ID Nos.: 0242030090050, 0242030090040 . Flood Zone: Zone AE per Miami-Dade Flood Zone Map. Utilities: Municipal Water and Sewer. Historical Designation: “Contributing” Structure to the Flamingo Park Historic District and Miami Beach Architectural District. Property Approvals: Site Plan Approved for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Office and Hotel Uses and Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue

FOR SALE DETAILS

PRICE

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# OF ROOMS

69

CAP RATE

Request Cap Rate

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

URBIN Retreat Miami Beach

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

7

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2025

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

CD-2

APN/PARCEL ID

02-4203-009-0040,02-4203-009-0050

ASK ABOUT THIS PROPERTY

Lamar FisherFisher Auction Co., Inc.More Info
954-942-0917

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Lamar FisherFisher Auction Co., Inc.More Info
954-942-0917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.