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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1323 WASHINGTON AVE, MIAMI BEACH, FL 33139

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Multi Family - for Sale

1323 WASHINGTON AVE, MIAMI BEACH, FL 33139

Asking Price$7,200,000 Change Price$800,000

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  • Lot size 13000sqft
  • Taxes $102,000
  • HOA $5,000
  • Year Built 1936
  • Days on market:

    34 day(s)
  • Original Price:

    $8,000,000
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Parking:

    Assigned
  • Inclusions:

    Building & Land,Leases, Equipment,Leases
  • Lease Term Remaining:

    1 To 3 Year Lease,4 To 6 Year Lease
  • Construction Type:

    Cbs Construction
  • Roof:

    Composition Roll
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/CReverse Cycle
  • Floor Description:

    Concrete
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Central Business DistrictIn Residential AreaLocation In A Flood Zone

Description

$7,200,000

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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