1323 Washington Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
- $7,200,000
Overview
- Mixed Use
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
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Address: Washington Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
Details
Updated on December 28, 2023 at 11:41 am-
Price $7,200,000
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Year Built 1936
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Property Type Mixed Use
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Property Status Commercial Sale
Additional details
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PublicSurveyRange 32
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ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
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LeaseAssignableYN no
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ListAgentKey e5a470cf6ba4d6dbb67df5bf8b288c5f
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OnMarketDate 2023-10-20
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ListAgentEmail jr@stream-line.com
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ContractStatusChangeDate 2023-10-20
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MajorChangeTimestamp 2023-10-20T18:26:46.083Z
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Flooring Concrete
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PhotosCount 8
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Cooling Central Individual A/C
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StatusChangeTimestamp 2023-10-20T18:26:46.083Z
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SecurityFeatures Other Fire Protection, Smoke Detector(s)
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FinancialDataSource Owner Provided
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PriceChangeTimestamp 2023-10-20T18:26:46.083Z
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ListingKeyNumeric 387667905
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MajorChangeType New
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ListingContractDate 2023-10-20
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MaintenanceExpense 5000
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ListAOR A-Miami Association of REALTORS
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TaxAnnualAmount 102000
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ListOfficeName Streamline Properties, Inc.
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CurrentUse Retail
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OriginatingSystemKey miamire
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BusinessType Restaurant/Bar, Retail Space
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DualVariableCompensationYN no
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PhotosChangeTimestamp 2023-10-20T18:37:07.943Z
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RoadFrontageType City Street, Main Thoroughfare
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OriginatingSystemName Miami Association of REALTORS®
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ListOfficePhone 305-532-7368
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MlsStatus Active
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StreetNumber 1323
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LeaseTerm 1 To 3 Year Lease, 4 To 6 Year Lease
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ListingKey 09f9d4935c1b22132a1e7a1b53b6da67
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StateOrProvince FL
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ShowingContactType Agent
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ListOfficeKey 8270ccc980fdfe8467ab50e4e543fee0
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Directions Washington Ave between 13th and 14th Street on the East side of the street.
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BridgeModificationTimestamp 2023-10-20T22:00:33.499Z
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ListAgentFullName J R Kaiser
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Roof Composition Roll
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ParkingTotal 15
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ListAgentOfficePhone 305-532-7368
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Stories 1
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GrossIncome 433582
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ParcelNumber 02-32-34-008-0960
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ListingTerms All Cash, Conventional/Refinance, Lease Purchase, Owner Will Carry
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OperatingExpense 137000
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SignOnPropertyYN no
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LeaseRenewalOptionYN no
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OtherExpense 0
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Possession Funding
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LeaseConsideredYN yes
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IDXParticipationYN yes
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DistanceToFreewayNumeric 1
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SpecialLicenses City Licenses
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InternetAddressDisplayYN yes
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ListAgentMlsId 0528380
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LotSizeDimensions 100x125
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StoriesTotal 1
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ModificationTimestamp 2023-10-20T22:00:16.480Z
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OriginatingSystemID miamire
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LandLeaseYN no
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DaysOnMarket 0
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BuyerAgencyCompensationType %
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NetOperatingIncome 296582
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ListOfficeMlsId STRM01
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Inclusions Building & Land, Leases, Equipment, Leases
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ListAgentDirectPhone 305-904-1576
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StreetNumberNumeric 1323
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ParkingFeatures Assigned
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PostalCodePlus4 4211
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NumberOfUnitsInCommunity 6
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Sewer Public Sanitation
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ExpirationDate 2024-04-30
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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. All 6 locations are 100% rented. 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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Heating Central Individual A/C, Reverse Cycle
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StructureType Restaurant, Retail
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ListAgentStateLicense 0528380
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PublicSurveyTownship 32
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ListOfficeFax 305-538-0917
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ListingAgreement Exclusive Right To Sell
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PublicSurveySection 34
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ListingId A11473013
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SpecialListingConditions Sale
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NumberOfBuildings 1
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OriginalListPrice 8000000
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BuildingAreaUnits Square Feet
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InternetEntireListingDisplayYN yes
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BuyerAgencyCompensation 2.5%
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InternetAutomatedValuationDisplayYN yes
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BuildingFeatures Automobile Traffic, City Licenses, Heavy Traffic
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OriginalEntryTimestamp 2023-10-20T18:26:46.083Z
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SourceSystemKey 387667905
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Ownership Partnership
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LotFeatures Central Business District, Location In A Flood Zone, In Residential Area
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DocumentsAvailable Copy Of Lease(S), Photos, Rent Rolls
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ConstructionMaterials CBS Construction
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LotSizeSquareFeet 13000
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Electric 110 Volts Power, 220 Volts, 3 Phase Electric
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NewTaxesExpense 102000
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InternetConsumerCommentYN yes
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BuildingAreaTotal 9266
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