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1809 Washington Ave, Miami Beach FL 33139

Commercial For Sale
$14,999,000

BTC: 189.38131313

ETH: 6,124.54062883

1 days
0 room(s)

Overview

Once in a lifetime opportunity to own a half acre on famous Washington Ave directly across from the Miami Beach Convention Center! Property is currently paved and being used as a parking lot for an adjacent tower on a ground lease. Zoning is 4000 Residential #2 Multi Family Medium Density. Development will likely require restoration of FAR or variance or use of Live Local Act as well as coordination and cooperation with neighboring tower. Bring all offers!

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.52 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,410,000
$910K – $13.7M
Confidence Low
List vs. estimate
$11.6M above estimate
List $14,999,000 · +339.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $389K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$85,002
2025
All facts and features
  • Lot

    • Lot: 0.52 Acres

    Other Property Information

    • Parcel Number: 02-32-34-019-0190

    • Zoning: 4000

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • Annual tax amount: $85,002

  • Source details

    • MLS ID: A12085369

    Other facts

    • Lot Features: Other Location / Less Than 1 Acre

    • Water Source: Other

    • Lot Size Dimensions: 150x150

    • Subdivision Name: ALTON BEACH 1ST SUB

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: BHHS EWM Realty