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Property profile & analytics

1665 Washington Ave Miami Beach, FL 33139-3172

  • Office buildings
  • 10,476 SF
  • 0.10 lot acres
OFF-MARKET
Last Sale
Mar 10, 2022
$4,500,000
Value Estimations
$4,760,000
Show details
Cap Rate Potential
7.1%
Office buildings
Location Intelligence
Property ID
US18-0177536
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

  • Office buildings

Property Details for 1665 Washington Ave

Year built
1999
Construction
CONCRETE
Lot size
0.10 lot acres
Property size
10,476 SF
Zone code
6600:COMMERCIAL,LIBERAL
Property type
Office buildings
APN
02-3234-019-0770
APU
232340190770

Description

This exceptional Class A retail property, located at 1665 Washington Ave in Miami Beach, Florida (33139), offers a unique opportunity for businesses seeking high-visibility space in a vibrant location. The building, known as Metropolitan Miami, boasts a total of 800,000 square feet across six stories and features three total suites. Currently, there is 8,850 square feet of vacant space available for lease, divisible into units as small as 600 square feet, with a maximum contiguous space of 8,250 square feet. This allows for flexibility to accommodate a variety of business needs and sizes. The property's prime location in Miami-Dade County ensures high foot traffic and excellent exposure to a diverse customer base. The building's impressive size and modern design make it an ideal location for businesses seeking a prestigious address in one of Miami Beach's most sought-after areas. This is a multi-tenant building offering a range of options for businesses looking to establish or expand their presence in this dynamic market. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $4,185,000
    ML approach
    $3,920,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,935,000
    6.5%
    $4,555,000
    7%
    $4,230,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $6,891,000
    Market price range: $1.78M - $25.3M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Miami Beach
County
Miami-dade
State
Florida
Longitude
-80.1315
Latitude
25.7913
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
$59,997
$1,800,000
$1,900,000
$3,700,000
-
$1,800,000
$1,900,000
$3,700,000
More about this property
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