Retail in 1200 Washington Ave Miami Beach for sale with MLS# A11936251
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.
1200 Washington Ave, Miami Beach, FL 33139
- Price:
- $14,899,999.00
- Previous Asking Price:
- $14,900,000.00
- Original List Price:
- $14,900,000.00
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Other
- Special Sale Conditions:
- Short Sale
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- MLS Number:
- A11936251
- Description of Last Important Update:
- Pending (An offer has been accepted)
- Last Major Update on:
- March 23, 2026 1:32 pm
- Built-Up Area:
- 0.71 Acre
- Lot Area:
- 19,250 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Year Built:
- 1947
- Number of Buildings:
- 1
- Structure Type:
- Office, Retail
- Tax Annual Amount:
- $212,265.00
- Covered Spaces:
- 0
- Parking Features:
- Other
- Senior Community:
- No
- Documents Available:
- Aerial, Ground Photo, Ground Photo
- Occupant Type:
- Call Agent
- Lease Considered:
- No
- Tax Legal Description:
- OCEAN BEACH ADD NO 3 PB 2-81 S1/2 LOT 5 & ALL LOTS 6 & 7 BLK 22 LOT SIZE IRREGULAR OR 16787-0351 0595 1
- Real Estate Folio Number (Parcel Number):
- 02-42-03-009-0060
- Zoning Description:
- CD-2
- Originally published on:
- December 29, 2025 5:38 pm
- Active on the market since:
- December 29, 2025
- Price change occurred on:
- January 23, 2026 1:55 pm
- Listing Status Last Changed On:
- March 23, 2026 1:32 pm
- Photos updated on:
- December 29, 2025 10:56 pm
- Last Modified:
- March 30, 2026 5:56 pm
- Flood Zone:
- AE
- Municipal Code:
- 2
- Subdivision Number:
- 9
- Courtesy of:
- APEX Capital Realty LLC
- Attribution:
- Not provided
- Street Name:
- Washington Ave
- Street Number:
- 1200
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 59.9''
- Longitude:
- W81° 52' 2.6''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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