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Financial
Distress signals
Property profile

1527 Washington Ave Miami Beach, FL 33139

FOR SALE
Retail residential properties
Property ID
US18-4893448
7,709 SF 0.2 ac lot Built 1948
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property in South Beach, Miami Beach, Florida is a 1948, two-story building that historically housed Club Madonna, a gentlemen’s club and live adult entertainment venue. The listing describes the site as including the main building plus an adjacent structure of approximately 600+ square feet. According to the listing, it is the only property in the City of Miami Beach where live adult entertainment is permitted under the City zoning code, indicating a zoning alignment for this use within…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$75k
Tax billed · 2023
Assessed value$3.94M
Assessed land$3.50M
Assessed improvement$444k
Effective rate1.89%

Value estimate

· Oct 2026
$2.59M
$2.33M – $2.84M
CAP approach$2.80M
NOI build-up
Gross scheduled income$230k
Vacancy & credit loss−$16k
Operating expenses−$53k
NOI · 2.14% cap applied$160k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$835/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$293 – $1,182
Qualifying comparables17

Cap rate analysis

How does the asset earn?
2.14%
$160k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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
Butcher8.6
Pet Grooming Service7.4
Plumbing Service7.3

Location

1527 Washington Ave Miami Beach, FL 33139
County assessor Recorded deeds · 7 transfers 17 qualifying comp sales 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
844 Alton, Miami Beach, FL 33139-5515 $4,800,000 Jul 2025 5,610 SF
157 Collins, Miami Beach, FL 33139-7242 $672,000 Mar 2025 8,244 SF
614 Collins, Miami Beach, FL 33139-6214 $5,700,000 Apr 2024 8,007 SF
1057 Washington, Miami Beach, FL 33139-5017 $7,600,000 Feb 2023 9,050 SF
531 Michigan, Miami Beach, FL 33139-6317 $2,522,000 Jul 2022 8,858 SF
239 1st, Miami Beach, FL 33139-7340 $8,000,000 May 2019 8,544 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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