Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
30,874 sqft

$14,899,999

1200 Washington Ave, Miami Beach FL, 33139

Price per sqft$482.61
Built in1947
Property size30,874 sqft
Property typeCommercial

Overview

Pending

Listed Dec 29, 2025

Updated 3 weeks ago

Pleased to present 1200 Washington Avenue, a prime two-story mixed-use asset totaling approximately 30,000 square feet in the heart of South Beach. The property features a strong historical occupancy profile with notable tenants including Toni’s Sushi, Chase Bank, and executive office users, and benefits from recent capital improvements, highlighted by a full roof replacement. Beyond its stable income profile, the property offers significant redevelopment potential through CD-2 zoning and newly approved density increases along the Washington Avenue corridor, positioning the site for mixed-use or residential expansion while retaining high-performing retail. Surrounded by major public and private investment, including the revitalization of Flamingo Park, new hospitality developments, and large scale projects such as Five Park and the Raleigh redevelopment, the property presents a rare opportunity for investors, developers, or end users seeking a high-visibility asset with meaningful long-term upside in one of Miami Beach’s most active commercial districts.

Additional information

MLS® ID
A11936251

Interior Features

Basement
No

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Taxes
$212,265
Tax Frequency
Annually
MLS provider logo

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 4:45 AM UTC, 9/10/2026.

Listed by:  APEX Capital Realty LLC, 305-570-2600

Powered by Luxury Presence