About This Home

This 0-bedroom, 0-bathroom commercial at 1543 Washington Ave in Miami Beach, FL is listed for $9,900,000. Built in 1946, on a 0.40 acres lot.

Key Features

  • Built in 1946
  • 0.40 acre lot

Property Details

1946
Listing Description

SOUTH BEACH DEVELOPMENT OPPORTUNITY Unique opportunity to acquire possibly the last remaining privately-owned vacant lots on Washington Avenue. This is the only vacant parcel of land for sale on Washington Avenue. 17,500 square feet of land on two lots with 100 feet of prime frontage on this major South Beach commercial corridor.

Great investment opportunity! As a result of zoning changes designed to revitalize this major north/south corridor, Washington Avenue has benefited from new mixed-use hotel projects over the past few years with more developments and improvements in the pipeline. Flexible CD-2 zoning allows for hotel, multifamily, retail, restaurant, and other commercial uses. Be a part of this exciting transformation in the heart of South Beach!

Monthly Cost Estimate

$52,947/mo

20% down · 6.5% · 30 years

Principal$7,160
Interest$42,900
Insurance$2,888

Estimates only. Actual payments may vary.

Location

1543 Washington Ave

Miami Beach, FL 33139

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1543 Washington Ave is listed at $9,900,000. The estimated monthly payment is $52,948 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.40 acre lot.

This property is listed by Susan Gale and can be reached at 3056954253.

SG

Susan Gale

Agent at One Sotheby's International Realty

(305) 695-4253

Listed by One Sotheby's International Realty

MLS# A12029333· Source: listhub· Listed today

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1543 Washington Ave, Miami Beach, FL 33139

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