Entity Owned Property summary
This exceptional Class A, 1,320 square foot retail property at 1510 Washington Avenue in Miami Beach, Florida, presents a compelling investment opportunity. Located between Lincoln Road and Espanola Way, this single-tenant, net-leased grocery store boasts a prime location within a high foot-traffic area experiencing significant urban infill development. The building, constructed in 1924 and extensively renovated in 2017, features Art Deco architecture and benefits from a 100% occupancy rate… since November 17, 2017. The current lease, commencing November 15, 2017, and expiring November 30, 2029, includes annual rent bumps of 5%, ensuring consistent income growth. With a Net Operating Income (NOI) of $111,600 and a 5.07% cap rate, this property offers a strong return on investment. The property is zoned CD-2 and features 1,320 square feet of air rights. The asking price is $2,200,000. This fee-simple ownership opportunity provides a stable, long-term investment in a thriving Miami Beach location. The property's strong tenant occupancy and favorable lease terms make it an attractive addition to any portfolio. The building's prime location and high visibility ensure continued success for the tenant and strong returns for the investor.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 7 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
- 1,320 SF
- Lot area
- 0.03 ac
- Year built
- 1924
- APN
- 02-3234-006-0090
- Zoning
- 6400:COMMERCIAL,CENTRAL
- Assessed value · 2023
- $757,000
- Annual tax · 2023
- $14,305
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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