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1543 Washington Ave - SOUTH BEACH DEVELOPMENT OPPORTUNITY 0.4 Acres of Commercial Land Offered at $13,642,002 CAD in Miami Beach, FL 33139
Investment Highlights
- Premier Location – Prime Washington Avenue location steps from Lincoln Road, the Convention Center, Espanola Way, vibrant restaurants, shops, and exci
- Development Opportunity – Ideal for boutique lifestyle hotel or mixed-use retail & residential or office
- Flexible Zoning – CD-2 zoning allows for hospitality, retail, restaurant, mixed-use and more.
- High Visibility & Foot Traffic – 100 feet on Washington Avenue, South Beach’s high-traffic commercial corridor.
- Strong Global Demand – Located in a globally recognized destination, which attracts millions of visitors each year.
Executive Summary
SOUTH BEACH DEVELOPMENT OPPORTUNITY
Unique opportunity to acquire possibly the last remaining privately-owned vacant lots on Washington Avenue. This is the only vacant parcel of land for sale on Washington Avenue. 17,500 square feet of land on two lots with 100 feet of prime frontage on this major South Beach commercial corridor. Great investment opportunity! As a result of zoning changes designed to revitalize this major north/south corridor, Washington Avenue has benefited from new mixed-use hotel projects over the past few years with more developments and improvements in the pipeline. Flexible CD-2 zoning allows for hotel, multifamily, retail, restaurant, and other commercial uses. Be a part of this exciting transformation in the heart of South Beach!
Unique opportunity to acquire possibly the last remaining privately-owned vacant lots on Washington Avenue. This is the only vacant parcel of land for sale on Washington Avenue. 17,500 square feet of land on two lots with 100 feet of prime frontage on this major South Beach commercial corridor. Great investment opportunity! As a result of zoning changes designed to revitalize this major north/south corridor, Washington Avenue has benefited from new mixed-use hotel projects over the past few years with more developments and improvements in the pipeline. Flexible CD-2 zoning allows for hotel, multifamily, retail, restaurant, and other commercial uses. Be a part of this exciting transformation in the heart of South Beach!
Property Facts
| Price | $13,642,002 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Zoning | CD-2 - Commercial Medium Intensity | ||
| Price | $13,642,002 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.40 AC |
| Zoning | CD-2 - Commercial Medium Intensity |
1 Lot Available
Lot
| Price | $13,642,002 CAD | Lot Size | 0.40 AC |
| Price Per AC | $33,956,868.01 CAD |
| Price | $13,642,002 CAD |
| Price Per AC | $33,956,868.01 CAD |
| Lot Size | 0.40 AC |
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Very bikeable
80/100
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1543 Washington Ave - SOUTH BEACH DEVELOPMENT OPPORTUNITY
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