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Commercial Land with Ground Lease
For Sale
Contact for pricing
Pending

1809 Washington Ave, Miami Beach, FL 33139

Washington Avenue parcel currently supports parking under a long-term ground lease.

Property SizeContact for details
Days on Market142

Property Features for 1809 Washington Ave

General Information

Standard status Pending
Property subtype Land
Listing Agency: BHHS EWM Realty
Listed By: Paula Barrera · License #FL 3071146
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:54PM

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 BHHS EWM Realty

Investment Insights

Based on property information with market context.

This commercial land parcel encompasses approximately half an acre on Washington Avenue in Miami Beach. The site is presently used for parking under a ground lease with a 29-year term, and the tenant is responsible for the property tax bill.

The property is positioned across from the Miami Beach Convention Center at 1809 Washington Ave. Current development is restricted because the applicable FAR has been used by the tenant, according to the City of Miami Beach. The asset therefore combines an existing parking use with a long-term ground-lease structure and a defined development limitation.

Key Highlights

  • Approximately half an acre on Washington Avenue
  • Across from the Miami Beach Convention Center
  • Ground lease covering the next 29 years

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Washington Avenue parcel currently supports parking under a long-term ground lease.
Where is this commercial land located?
The property is located at 1809 Washington Ave Miami Beach, FL.
What are key features of this property?
This property features: Approximately half an acre on Washington Avenue; Across from the Miami Beach Convention Center; Ground lease covering the next 29 years
More about this property
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