$4,777,000

Commercial/Business/Agricultural/Industrial Land For Sale

1809 Washington Ave Miami Beach FL 33139

Courtesy of: EWM Realty International

PROPERTY DETAILS

Property Type: Commercial/Business/Agricultural/Industrial Land
Lot Size: 0.52 acres
Price/Acre: $9,186,538

DESCRIPTION

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!

PROPERTY FEATURES
MLS #: A10118384
For Sale
525 Days on market
Neighborhood: Alton Beach 01, City Center
Status: Active
Building Name: Alton Beach 01
Virtual Tour Link: View Tour

MAP
1809 Washington Ave Miami Beach, FL 33139
1809 Washington Ave Miami Beach FL 33139

Courtesy of: EWM Realty International

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.

Updated: 18th January, 2019 1:04 PM.

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