1323 Washington Ave Miami Beach FL 33139
1323 Washington Ave, FL, 33139Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Mixed Use
- Status: Active
- Bathrooms: 0
- Year built: 1936
- MLS ID: A11473013
Description
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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.
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Property details
- Total Building Area: 9266
- Number of Buildings: 1
- Lease Term: 36 Months
- Disclosures: Flood Plain Disclosure
- Lot Size Square Feet: 13000
- Parcel Number: 02-32-34-008-0960
- Possession: Closing & Funding
- Road Frontage Type: City Street,Main Thoroughfare
- Lot Size Area: 13000
- Structure Type: Retail
Property Features
- Parking Features: Assigned
- Security Features: Other,Smoke Detector(s)
- Construction Materials: Block
- Cooling: Central Air
- Cooling Y/N: 1
- Covered Spaces: 0
- Electric: 110 Volts,3 Phase,220 Volts
- Flooring: Concrete
- Heating: Central,Heat Pump
- Heating Y/N: 1
- Parking Total: 15
- Sewer: Public Sewer
- Roof: Composition
- Waterfront Y/N: 0
- Water Source: Public
- Stories: 1
Location Details
- County Or Parish: Miami-Dade County
- Directions: Washington Ave between 13th and 14th Street on the East side of the street.
Fees & Taxes
- Tax Annual Amount: 102000
- Tax Year: 2022
Miscellaneous
- Public Survey Township: 2
- Public Survey Section: 34
- Syndication Remarks: Great location and oppertunity to Build Higher. 6 store locations 100% leased. One store is licensed and grandfathered in for adult entertainment.
- Operating Expense: 137000
- Gross Income: 435984
- Net Operating Income: 298984
- Tenant Pays: Insurance,Sewer,Taxes,Trash Collection,Water
- Year Built Details: Resale
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11473013
Ask our real estate expert about this property
This Mixed Use-type commercial real estate is located in 1323 Washington Ave, FL, 33139 was built in 1936, and is listed at $7,200,000.