Southern Signature Realty is pleased to exclusively present for sale a fully leased Retail property in the heart of beautiful Miami Beach, located on the busy corner of Washington Ave & 14th St. This property offers a unique opportunity for future redevelopment with a maximum buildable height of 55 feet. This desirable area is experiencing a resurgence of new development and municipal improvements. A diverse Tenant Mix includes restaurants, grocery, and tourist rentals. New Roof - 2021 Fee Simple & Leasehold Interest may be purchased together at $12,650,000 or separately as follows: Fee Simple Interest - $5,650,000 Leasehold Interest - $7,000,000 All offers are to be submitted separately. Do not contact Tenants, Seller request strict confidentiality.
Full Address: 1407 Washington Ave, Miami Beach FL 33139, Miami Beach, FL 33139
Total Size: N/A
Taxes: $101816 x Year