Miami Beach Retail
For Sale
Contact for pricing
1417-1419 Washington Ave, Miami Beach, FL
Retail property available for sale in Miami Beach, Florida.
Property Size6,261 SF
Lot Size0.15 Acres
Price / SF$559.02
Days on Market535
Property Features for 1417-1419 Washington Ave
General Information
Standard status
Active
Size
6,261 SF
Lot size
0.15 Acres
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap | Miami
(786) 522-7013
Listed By:
Gabriel Britti · License #SL3211804
(518) 269-0496
Source:
Moodyscre
Added: Feb 10, 2025
Changed: Jul 10
Last Checked: Jul 21 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Miami
Investment Insights
Based on property information with market context.
A retail property encompassing 6,261 square feet is available for sale. The property is located in Miami Beach, Florida.
Key Highlights
- Retail property for sale.
- Located in Miami Beach, Florida.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.3k | $26.40 |
| − Vacancy | −$14.0k | −$2.24 |
| EGI | $151.2k | $24.16 |
| − OpEx | −$45.4k | −$7.25 |
| NOI | $105.9k | $16.91 |
6,261 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,869 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,353 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,328
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Retail properties & Spaces in Miami Beach
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for sale in Miami Beach, Florida.
Where is this retail property located?
The property is located at 1417-1419 Washington Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Retail property for sale.; Located in Miami Beach, Florida.
