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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.,
FEATURES- Building Area Total 9266
- Building Area Units Square Feet
- City Miami Beach
- Contract Status Change Date 2023-10-20 00:00:00
- Cooling Yes
- County Or Parish Miami-Dade County
- Current Use Retail
- Days On Market 67
- Directions Washington Ave between 13th and 14th Street on the East side of the street.
- Electric On Property Yes
- Expiration Date 2024-04-30 00:00:00
- Flooring Concrete
- Heating Yes
- Inclusions
Building & Land
Leases
Equipment
Leases - Latitude 26
- Lease Considered Yes
- List A O R A-Miami Association of REALTORS
- List Price 7200000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Dimensions 100x125
- Lot Size Square Feet 13000
- Lot Size Units Square Feet
- Maintenance Expense 5000
- Major Change Type Price Decrease
- Mls Status Active
- Net Operating Income 298984
- New Taxes Expense 102000
- On Market Date 2023-10-20 00:00:00
- Operating Expense 137000
- Original List Price 8000000
- Originating System Name miamire
- Ownership Partnership
- Parcel Number 02-32-34-008-0960
- Parking Features Assigned
- Parking Total 15
- Possession Funding
- Postal Code 33139
- Postal Code Plus4 4211
- Previous List Price 8000000
- Property Sub Type Mixed Use
- Property Type Commercial Sale
- Public Survey Range 32
- Public Survey Section 34
- Public Survey Township 32
- Showing Contact Type Agent
- Showing Instructions
24 Hour Notice
Appointment Only
Call Listing Agent - Standard Status Active
- State Or Province FL
- Stories 1
- Stories Total 1
- Tax Year 2022
- Unparsed Address
1323 Washington Ave
Miami Beach FL 33139 - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/mia/A11473013
- Water Source Public
- Year Built 1936
- Year Built Details Resale
Roxana Alvarez
LISTING AGENT
Listing Provided by:
J R Kaiser
Streamline Properties, Inc.
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
