Financial
Distress signals
Property profile

1234 Washington Ave Miami Beach, FL 33139

OFF-MARKET
Office buildings
Property ID
US18-4969711
19,519 SF 0.24 ac lot Built 1961
Last sale Jan 2025 · $17,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is an office property in Miami Beach, Florida, configured for office use with approximately 3,512 square feet of interior space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$107k
Tax billed · 2023
Assessed value$5.69M
Assessed land$4.11M
Assessed improvement$1.58M
Effective rate1.89%

Value estimate

· Oct 2026
$14.54M
$13.08M – $15.99M
CAP approach$9.19M
Submarket $/SF estimate$10.59M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$2,504/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$811 – $4,249

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher9.0
Laundromat8.4
Chinese Restaurant7.2

Location

1234 Washington Ave Miami Beach, FL 33139-4651
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1540 Washington, Miami Beach, FL 33139-7801 $1,500,000 Sep 2022 3,060 SF
1329 Alton, Miami Beach, FL 33139-3811 $2,100,000 Jun 2022 2,717 SF
555 Washington, Miami Beach, FL 33139-6607 $52,256,800 Apr 2022 141,807 SF
230 1st, Miami Beach, FL 33139 $14,500,000 Jan 2022 13,210 SF
1211 Alton, Miami Beach, FL 33139-3809 $2,000,000 Apr 2021 2,669 SF
1688 Meridian, Miami Beach, FL 33139-2710 $49,500,000 Mar 2020 95,784 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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