1323 Washington Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

  • $7,200,000
1323 Washington Ave, Miami Beach FL 33139
Commercial Sale Active

1323 Washington Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

1323 Washington Ave, Miami Beach FL 33139
  • $7,200,000

Overview

Property ID: A11473013
  • Mixed Use
  • Property Type
  • 1936
  • Year Built

Description

Fantastic Location, Right in the middle of South Beach on Busy Washington Ave 9,266 sqft of Retail or Restaurant Space. One of the six stores has a Special License for Adult Entertainment and is Grandfathered in if someone would like to expand on this type of business to make a Gentleman’s Club. A Very Rare Opportunity for Miami Beach. Six stores, five are rented, one vacant store. The lot size is 13,000 sqft so their is plenty of room for parking behind the building. Seller can do Owner Finance with one third of the purchase price down. Seller will take back balance at one point above prime, interest only for 5 years, and balloon. Seller does not want any of the tenants disturbed, please contact the listing agent to see property.

  • Address Washington Ave
  • City Miami Beach
  • State/county Miami-Dade County
  • Zip/Postal Code 33139

Details

Updated on December 26, 2023 at 11:10 pm
  • Property ID: A11473013
  • Price: $7,200,000
  • Year Built: 1936
  • Property Type: Mixed Use
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 32
  • Flooring: Concrete
  • PhotosCount: 8
  • Cooling: Central Individual A/C
  • SecurityFeatures: Other Fire Protection,Smoke Detector(s)
  • FinancialDataSource: Owner Provided
  • PriceChangeTimestamp: 2023-11-23T23:38:36.167Z
  • MaintenanceExpense: 5000
  • TaxAnnualAmount: 102000
  • CurrentUse: Retail
  • BusinessType: Restaurant/Bar,Retail Space
  • RoadFrontageType: City Street,Main Thoroughfare
  • StreetNumber: 1323
  • StateOrProvince: FL
  • Directions: Washington Ave between 13th and 14th Street on the East side of the street.
  • Roof: Composition Roll
  • ParkingTotal: 15
  • Stories: 1
  • GrossIncome: 435984
  • ParcelNumber: 02-32-34-008-0960
  • OtherExpense: 0
  • Possession: Funding
  • LeaseConsideredYN: 1
  • IDXParticipationYN: 1
  • DistanceToFreewayNumeric: 1
  • InternetAddressDisplayYN: 1
  • WaterSource: Public
  • LotSizeDimensions: 100x125
  • StoriesTotal: 1
  • PreviousListPrice: 8000000
  • NetOperatingIncome: 298984
  • Inclusions: Building & Land,Leases, Equipment,Leases
  • StreetNumberNumeric: 1323
  • ParkingFeatures: Assigned
  • PostalCodePlus4: 4211
  • NumberOfUnitsInCommunity: 6
  • Sewer: Public Sanitation
  • SyndicationRemarks: Fantastic Location, Right in the middle of South Beach on Busy Washington Ave 9,266 sqft of Retail or Restaurant Space. One of the six stores has a Special License for Adult Entertainment and is Grandfathered in if someone would like to expand on this type of business to make a Gentleman's Club. A Very Rare Opportunity for Miami Beach. Six stores, five are rented, one vacant store. The lot size is 13,000 sqft so their is plenty of room for parking behind the building. Seller can do Owner Finance with one third of the purchase price down. Seller will take back balance at one point above prime, interest only for 5 years, and balloon. Seller does not want any of the tenants disturbed, please contact the listing agent to see property.
  • Heating: Central Individual A/C,Reverse Cycle
  • StructureType: Restaurant,Retail
  • NumberOfBuildings: 1
  • BuildingAreaUnits: Square Feet
  • BuildingFeatures: Automobile Traffic,City Licenses,Heavy Traffic
  • Ownership: Partnership
  • LotFeatures: Central Business District,Location In A Flood Zone,In Residential Area
  • DocumentsAvailable: Copy Of Lease(S),Photos,Rent Rolls
  • LotSizeSquareFeet: 13000
  • Electric: 110 Volts Power,220 Volts,3 Phase Electric
  • InternetConsumerCommentYN: 1

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