1323 Washington Ave

Miami Beach, FL 33139

Property Type: Commercial Sale
Business Type: Retail Space, Shopping Center
Sale: $8,500,000
MLS: A10683515

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Property Details

Property Type: Commercial Sale
Business Type: Retail Space, Shopping Center
Zoning: 6400
Construction Materials: Concrete Block Construction
Building Area Total: 9,097
Stories Total: 1
Electric: Separate Meters
Lot Size: 13,000

Property Description

9087+- square feet On South Beach main corridor of Washington Ave. This site is currently 100% leased. Diverse Mix of 6 retail tenants, Three of which are month-to-month long term tenants. Other three tenants have long term lease with 3% annual increases built in. All tenants NNN. One of the most coveted retail locations on South Beach. Excellent CAP RATE with room for improvement. This is a rare opportunity. Seller demands strict confidentiality and that we do not disturb or alarm the Tenants with any indication that property is for sale, so NDA is required before sharing full data. SELLER SAYS SELL! Bring offers!! Seller willing to hold paper.

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Property Location

1323 Washington Ave, Miami Beach, FL 33139