Property Type:
Commercial Sale
Square Footage:
30,874
Status:
Pending
Current Price:
$14,899,999
List Date:
12/29/2025
Last Modified:
5/08/2026
Description
Pleased to present 1200 Washington Avenue, a prime two-story mixed-use asset totaling approximately 30,000square 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, theproperty 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.
Listing Office: APEX Capital Realty LLC
Last Updated: May - 08 - 2026
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