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    1331 Washington Ave Miami Beach, FL 33139-4211
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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
    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.

    Value Estimations
    $2,385,000
    Show details
    Cap Rate Potential
    3.3%
    Outlet malls
    Location Intelligence

    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
    Property subtype
    Shopping centers
    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 estimation — 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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