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Property profile & analytics

1542 Washington Ave Miami Beach, FL 33139-7801

  • Turn key restaurants
  • 5,984 SF
  • 0.15 lot acres
OFF-MARKET
Value Estimation
Last Sale
Jun 15, 2025
$3,950,000
Location Intelligence
Property ID
US18-4271175
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.

Current Use by Public Records

  • Turn key restaurants

Property Details for 1542 Washington Ave

Year built
1940
Construction
WOOD
Lot size
0.15 lot acres
Property size
5,984 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Turn key restaurants
APN
02-3234-006-0120
APU
232340060120

Description

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.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Miami Beach
County
Miami-dade
State
Florida
Longitude
-80.1322
Latitude
25.7884
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
$68,387
$2,608,000
$1,460,000
$4,068,000
-
$2,608,000
$1,460,000
$4,068,000
More about this property
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