Retail in 1200 Washington Avenue, Miami Beach, FL 33139 for sale with MLS# A11936251

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.

📅 View days on the market

Days on the market

1200 Washington Avenue, Miami Beach, FL 33139

Price
Price:
$14,899,999.00
Original List Price:
$14,900,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Special Sale Conditions:
Short Sale
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
Status Change
Last Major Update on:
March 23, 2026 5:32 pm
Measures
Built-Up Area:
0.71 Acre
Lot Size Acres:
0.44
Construction
Year Built:
1947
Number of Buildings:
1
Number of stories:
2
Structure Type:
Office, Retail
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$212,265.00
Parking
Parking Features:
Other
Community
Senior Community:
No
Terms
Documents Available:
Aerial Photo(s), Photos
Zoning and Legal
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):
0242030090060
Zoning:
CD-2
Listing History
Active on the market since:
December 29, 2025
Listing Agreement executed on:
December 29, 2025
Purchase Contract Date:
March 23, 2026
Price change occurred on:
January 23, 2026 7:55 pm
Listing Status Last Changed On:
March 23, 2026 5:32 pm
Photos updated on:
May 8, 2026 7:47 pm
Last Modified:
July 21, 2026 3:52 pm
Additional Information
Courtesy of:
APEX Capital Realty LLC
Attribution:
Not provided
Location
Street Name:
Washington
Street Number:
1200
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 59.8''
Longitude:
W81° 52' 2.6''
Street Suffix:
Avenue
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1200 Washington Avenue, Miami Beach, FL 33139
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.