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Paved Parking Lot
New
For Sale
$14,999,000

1809 Washington Ave, Miami Beach, FL 33139

Paved parking property operating under a ground lease serving a neighboring tower.

Property SizeContact for details
Days on Market3

Property Features for 1809 Washington Ave

General Information

Standard status Active
Property subtype Unimproved Land

Taxes and HOA fees

Annual Taxes $85,002
Listing Agency: BHHS EWM Realty
Listed By: Paula Barrera · License #3071146
Source: Epiccapitalrealty
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 10 at 5:11AM

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 approximately half-acre parcel is paved and currently functions as a parking lot serving an adjacent tower. The property is operated under a ground lease and is classified for multifamily residential use at medium density under 4000 Residential #2 zoning.

The site is positioned directly across from the Miami Beach Convention Center. Any future development may require restoration of FAR, a variance, or use of the Live Local Act, along with coordination with the neighboring tower.

Key Highlights

  • Approximately half‑acre paved parcel
  • Currently used as a parking lot for an adjacent tower
  • Operated under a ground lease

Property Analytics

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Current Use

Parking lots & garages

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
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Paved parking property operating under a ground lease serving a neighboring tower.
Where is this parking lot & garage located?
The property is located at 1809 Washington Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $14,999,000.
What are key features of this property?
This property features: Approximately half‑acre paved parcel; Currently used as a parking lot for an adjacent tower; Operated under a ground lease
More about this property
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