$4,777,000 1809 Washington Ave Miami Beach, FL

MLS: A10118384   Type: Land   County: Miami-dade   City: Miami Beach   Area: 32   Neighborhood: Alton Beach 01   Zip: 33139     Taxes: $111,541

Mortgage $22,427 /mo



Half Baths

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INCREDIBLE PRICE! Half acre on Washington Ave, across from Miami Beach Convention Ctr. By owning this land, you will inherit a ground lease: tenant pays your property tax bill ($100,000) + $5000 annually for the next 29 years in exchange for parking on land. This land cannot be developed at the present time as its FAR was used by the tenant per the City of Miami Beach. Ideal for those who want to own a piece of Miami Beach for long term investment and/or eventual development. Huge ROI for the right buyer!

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Price History

7/16/2017 Listed $4,777,000

Current Use Other
Location Other Location, Less Than 1 Acre
MLS Area 32
Property Type Land
Subdivision Name Alton Beach 01
Terms Cash
Zoning Description RM-2

Interior Features

Total Baths 0
Utilities Other

Exterior Features

Covered Spaces 0
Lot Features <1 Acre
Lot Size Acres 0.52
Lot Size Area 22500
Lot Size Square Feet 22500
Roadresponsibility Public Maintained Road
Sewer Other
Water Source Other
Waterfront Y/N No

Property Schools

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Property vs Zip Code Avg (33139)

Price 4.77M Avg 5.14M

Taxes $111,541 Avg $49,779

Acres 0.52 Avg 316.52

Visits 148 Avg 70

Days on Site 1,048 Avg 322

Walkscore® 90 Avg 51

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: BHHS EWM Realty

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Location & Address

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5499 N. Federal Hwy Suite B
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