1200 Washington Ave Miami Beach, FL $ 14,900,000
1200 Washington Ave
$ 14,900,000
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1200 Washington Ave

Miami Beach, FL, 33139
$ 14,900,000
Bedrooms-- Baths-- Sq 30,874

Monthly Estimate*

$ 92,957

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Commercial Property for sale in Miami Beach, FL

for $14,900,000. This 30,874 square foot building was built in 1947.

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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Commercial Active

Price

$ 14,900,000

Property Type

Commercial

Taxes

$ 212,265

Style

Year Built

1947

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11936251

Features
General
Year Built 1947
Property Subtype Retail
County Miami-Dade
Property Type Commercial Sale
Special Listing Conditions Short Sale
Status Active
City Miami Beach
Zoning Description CD-2
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 19250
Tax Annual Amount 212265
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11936251
Structure Type Office Retail
Standard Status Active
Occupancy Type Call Agent
Legal Description OCEAN BEACH ADD NO 3 PB 2-81 S1/2 LOT 5 & ALL LOTS 6 & 7 BLK 22 LOT SIZE IRREGULAR OR 16787-0351 0595 1
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Interior
Total Baths 0
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Exterior
Parking Features Other
Lot Size Area 19250
Number of Buildings 1
Building Area Total 30874
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Apex Capital Realty Llc

Broker

miguel@apexcapitalrealty.com

Email

Affordability Calculator

$110,645
Per Month
84%
16%
0%
Monthly Principal & Interest
$92,957
Monthly Property Taxes
$17,689
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2025$14,900,000 Listed Price

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1200 Washington Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $14,900,000 with 30,874 sqft. 1200 Washington Ave was built in 1947. The property's zip code is 33139 which is in Miami Beach, FL