$14,899,999

1200 Washington Ave, Miami Beach FL 33139

Retail
Built in 1947
19,250 Square Feet lot
84 days on market

About this property

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.

Property Details

Parking

  • Parking features: Other

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 30874

Location

  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL
  • Zoning: CD-2

Construction

  • New Construction: No

Public Info

  • Lot Size: 19,250 Square Feet
  • Year Built: 1947
  • APN: 02-42-03-009-0060

Tax Information

  • Annual Tax Amount: $212,265

Price History

3/30/2026 Pending Sale
Source: Miami REALTORS®
$14,899,999
6/8/2023 Leased
Source: Miami REALTORS®
$2,787

Walk Score

Walk Score
98
Walk Score®
Walker's Paradise
Transit Score
56
Transit Score®
Good Transit
Full Walk Score
Bike Score
76
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.