1200 Washington Ave, Miami Beach, FL 33139

 
 
Price: $14,900,000 MLS Number: A11936251  Commercial / Investment
 Address: 1200 Washington Ave, Miami Beach, Florida 33139 USA
 Lot Square Feet: 19,250
 
 Year Built: 1947
 
 Lot Dimensions: 19250
 
 
 Remarks:
Pleased to present 1200 Washington Avenue, a prime two-story mixed-use asset totaling approximately 30,000 square feet in the heart of South Beach. The property features a strong historical occupancy profile with notable tenants including Toni's Sushi, Chase Bank, and executive office users, and benefits from recent capital improvements, highlighted by a full roof replacement. Beyond its stable income profile, the property offers significant redevelopment potential through CD-2 zoning and newly approved density increases along the Washington Avenue corridor, positioning the site for mixed-use or residential expansion while retaining high-performing retail. Surrounded by major public and private investment, including the revitalization of Flamingo Park, new hospitality developments, and large scale projects such as Five Park and the Raleigh redevelopment, the property presents a rare opportunity for investors, developers, or end users seeking a high-visibility asset with meaningful long-term upside in one of Miami Beach's most active commercial districts.
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