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For Sale
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Property summary
This exceptional 5,870 square foot, vacant retail space in Miami Beach, Florida presents a unique investment opportunity. Located at 1542 Washington Avenue, in Miami-Dade County (zip code 33139), this two-story property is ideally suited for a high-end restaurant or private club. The space boasts a fully equipped, brand new kitchen and a stunning build-out, ready for immediate occupancy. High-end finishes include granite sculpture, water walls, pools, reclaimed barn wood, granite floors,… crystal granite backlit bar tops, and custom Italian designer lighting throughout. A custom LED lighting system and high-end audiovisual equipment are also in place. The property includes an approximately 2,000 square foot exterior courtyard, and has been approved for 262 seats, encompassing both indoor and outdoor areas. Its prime location places it steps away from world-class dining and shopping, ensuring high foot traffic and visibility. The asking price is $4,690,000, with a price per square foot of $798.98. This is a truly turn-key operation, perfect for an immediate launch.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,984 SF
- Lot area
- 0.15 ac
- Year built
- 1940
- Stories
- 2
- APN
- 02-3234-006-0120
- Zoning
- 6400:COMMERCIAL,CENTRAL
- Assessed value · 2023
- $4,068,000
- Annual tax · 2023
- $68,387
- Restaurant · current use
- Auto Repair, Garage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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