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Property profile & analytics

1331 Washington Ave Miami Beach, FL 33139-4211

  • Outlet malls
  • 4,300 SF
  • 0.15 lot acres
OFF-MARKET
Last Sale
May 26, 2025
$2,600,000
Value Estimations
$2,175,000
Show details
Cap Rate Potential
3.3%
Outlet malls
Location Intelligence
Property ID
US18-4553730
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Outlet malls

Property Details for 1331 Washington Ave

Year built
1925
Construction
CONCRETE
Lot size
0.15 lot acres
Property size
4,300 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Outlet malls
APN
02-3234-008-0970
APU
232340080970

Description

This exceptional 2,150 square foot retail space is located at 1331 Washington Avenue in the heart of Miami Beach's vibrant South Beach submarket. Situated in a fully renovated, single-story building (built in 1935, renovated in 2023) this storefront boasts 50 feet of frontage on Washington Avenue, enjoying high visibility and significant foot traffic (an average of 14,200 cars daily). The property features impact glass, two brand new A/C units, and on-site rear parking. Currently configured as dry retail, the space is adaptable to various uses, including restaurants (with potential landlord concessions). The building itself comprises 4,300 square feet, with a total of two suites. This particular unit offers a minimum divisible space of 2,150 square feet, with a maximum contiguous space of 4,300 square feet. The 6,500 square foot lot is zoned CD 2 in Miami-Dade County (APN: 02-3234-008-0970). The property is conveniently located four blocks from the beach, surrounded by thriving restaurants, retail shops, and new developments, including the Goodtime Hotel. Currently, the space includes one restroom. This is a gross lease opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,175,000
    ML approach
    $2,165,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Miami Beach
County
Miami-dade
State
Florida
Longitude
-80.1317
Latitude
25.7847
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,156
$2,600,000
$251,711
$2,851,711
-
$2,600,000
$251,711
$2,851,711
More about this property
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