$4,777,000 1809 Washington Ave Miami Beach, FL

MLS: A10118384   Type: Com Land   County: Miami-dade   City: Miami Beach   Area: 32   Neighborhood: Alton Beach 01   Zip: 33139   Style: Unimproved Hotel/Motel     Taxes: $111,541

Mortgage $22,427 /mo



Half Baths

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INCREDIBLE PRICE! Half acre on Washington Ave, across from Miami Beach Convention Ctr. By owning this land, you will inherit a ground lease: tenant pays your property tax bill ($100,000) + $5000 annually for the next 29 years in exchange for parking on land. This land cannot be developed at the present time as its FAR was used by the tenant per the City of Miami Beach. Ideal for those who want to own a piece of Miami Beach for long term investment and/or eventual development. Huge ROI for the right buyer!

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Price History

7/16/2017 Listed $4,777,000

Approximate Lot Size 150X150
Area 32
Location Other Location
Property Sq Ft 22500
Property Type Commercial/Business/Agricultural/Industrial Land
Section 34
Status Active
Styleof Property Unimproved Hotel/Motel
Subdivision Complex Bldg Alton Beach 01
Subdivision Name Alton Beach 01
Subdivision Number 19
Terms Considered Cash Only
Township Range 32
Usage Unimproved Hotel/Motel, Other Usage
Utilities Available Other Utilities Available
Zoning Information RM-2

Exterior Features

Acres 0.5200
Lot Depth 150
Lot Description Less Than 1 Acre
Lot Frontage 150
Lot Sq Footage 22500
On Site Utilities Other Utilities Available
Road Description Public Road
Sewer Description Other Sewer
Water Description Other
Waterfront Property No

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Property vs Zip Code Avg (33139)

Price 4.77M Avg 4.51M

Sqr Feet 22,500 Avg 10,596

Cost / Sqr Ft $212 Avg $426

Taxes $111,541 Avg $111,062

Acres 0.52 Avg 0.22

Visits 45 Avg 59

Days on Site 431 Avg 219

Walkscore® 90 Avg 93

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Listing Provided Courtesy Of: EWM Realty International

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Location & Address

Kate Smith Group
20200 West Dixie Hwy, Suite 604
Aventura, FL