1331 Washington Ave - Storefront FOR SALE


Miami Beach, FL 33139
$4,000,000 USD
305-297-3557
1331 Washington Ave, Miami Beach, FL for Sale
$4,000,000 USD
Storefront - FOR SALE
1/41
null | Request Cap Rate

1331 Washington Ave
Miami Beach, FL 33139


OVERVIEW

Synergy Realty Advisors is pleased to present two prime Miami Beach retail storefronts which can be combined into a 4,300 SF space on busy Washington Ave. One of the few properties on Washington Ave with parking in the rear( four spaces but can fit 8 cars). 4,300 SF Building on a 6500 sf lot. CBS Construction, zoning is CD-2, historic art deco district. Building has four new 5 ton A/Cs and impact windows and doors. Expiring leases. One side is currently occupied with an expiring lease and the other side is vacant and available for lease. Currently dry retail, perfect for restaurant conversion as there as many restaurants on the street. Storefront is one block from the beach and perfect for casual beachfront shopping or restaurants. Average daily traffic in front of storefront is 15,400 cars. Miami beach is experiencing a renaissance with many hotels being built and renovated on Washington and Collins, such as the new Goodtime hotel only a few blocks away.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,034 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CD-2

APN/PARCEL ID

02-3234-008-0970

ASK ABOUT THIS PROPERTY

Andros SarduySynergy Realty Advisors LLCMore Info
305-297-3557

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Andros SarduySynergy Realty Advisors LLCMore Info
305-297-3557

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