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.
Features
Detached
: Separate Meters
Address Map
1323 Washington Ave
US
FL
Miami-Dade County
Miami Beach
33139
W81° 52' 4.9''
N25° 47' 2.9''
Additional Info
1323 Washington Ave
Miami Beach Florida 33139
1323 Washington Ave, Miami Beach, Florida 33139
0 Bedrooms
0 Bathrooms
9,097 Sqft
$8,500,000
MLS #A10683515
Property Info
MLS : A10683515
Property Type : Commercial Sale
Property Sub Type : Single Family (re1)
Price : $8,500,000
Total Area : 9,097 Sqft
Bedrooms : 0
Bathrooms : 0
Living Area : 9,097 Sqft
Year Built : 1936
Lot Area : 13,000 Acre
Days on Market : 608
Status : Active